Tezo co-founder explains update 11: a protocol designed for scaling ‘without a hard fork’

With the 11th update of the open-source decentralized blockchain platform Tezos (XTZ) slated for September 23 nearing, the platform’s founders have addressed some of the biggest concerns surrounding the event.

Tezos co-founder Kathleen Breitman explains that the platform is designed to upgrade “smoothly and without using a hard fork,” to explain the difference between Tezos’ next upgrade, called Kathmandu, and major upgrades like Ethereum (ETH) Merge. She said Bloomberg Emily Chang in an interview published on September 22.

In Bretman’s words:

“With Tezos, the reason it can upgrade 10 times so seamlessly is that the blockchain was basically built with the upgrade in mind. (…) There is an official mechanism that makes this process very simple and very smooth.”

Step-by-step updates and measurement

Explaining the scale of Tezo’s upgrades, she said her company has a specific approach to innovation where regular upgrades allow it to be “dried up in small portions” and avoid “boiling the ocean all at once.”

“Tezo’s consensus algorithm has been changed twice in bulk, and it has also seen a number of different improvements that have gone towards scaling, which I believe will be the next big challenge for all blockchains, including Ethereum of course.”

In her opinion, “a lot of these networks don’t scale well, which means they can’t handle a lot of transactions, which is why you see different things like congestion and fees going up because of the cost of doing blockchain and the competition there going up as more people use it.”

By comparison, she noted, the Kathmandu upgrade “offers some concepts and some technical possibilities that lean towards more people using the blockchain.”

Energy consumption

Regarding Tezo’s energy consumption and carbon footprint, Breitman said that the blockchain “has been a Proof of Stake (PoS) since 2018, which means it (…) uses much less energy and a much smaller carbon footprint than a Proof of Work (PoW) like Bitcoin.”

As I concluded:

“Hopefully, as Ethereum moves to PoS, at least that part of the conversation starts to fade, and we can focus on more interesting questions about the crypto space.”

Meanwhile, the Tezo XTZ token is trading at $1.48, up 2.90% on the day, although down 5.18% from the previous seven days. As it stands, the decentralized finance (DeFi) token has a market capitalization of $1.33 billion, according to CoinMarketCap data.

Watch the full video below:

The founders of Tezo then explained the 11th update: the protocol designed to scale “without a hard fork” first appeared on Coinphony.

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