Tezos blockchain project completed the first round of voting, in which two proposals for updating the protocol were selected. It is reported by CoinDesk .
Two proposals were put to the vote – 'Athens A' and 'Athens B'. The first offer won, which received 18,181 votes from bakers (the equivalent of miners in traditional blockchain systems based on Proof-of-Work).
Athens A involves several backward incompatible changes. The first change of the protocol will increase the gas limit in order to increase computing capacity and throughput of the Tezos network. In addition, the number of tokens required to obtain baker status will decrease from 10,000 XTZ to 8,000 XTZ.
According to the developers, the main task of the first voting in the Tezos network is not cardinal changes, but rather a demonstration of the voting process itself. After the first round, there will come a three-week “research phase”, during which it will be decided whether or not Athens A should be admitted to the testing phase.
If the testing is successful, there will be another vote, after which the proposal may be included in the code. The whole process takes about three months. Thus, if everything runs smoothly, Athens A will be activated around the end of May.
According to the developers, at the end of this year, a proof protocol with zero disclosure of ZK-SNARKs may be involved in Tezos
It is worth noting that in recent years, Tezos (XTZ) cryptocurrency has been showing steady growth. So, for the last week the coin rate has grown by more than 40%:
Data: CoinMarketCap
Earlier, BlockchainJournal reported that the company Elevated Returns is using the Tezos blockchain for the tokenization of real estate for $ 1 billion.
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