• The Baking Sheet mentioned the release of Tezos’ new Octez v16.1 network upgrade.
• However, XTZ’s price was under the bears’ control as it was down by 8% about over the last week.  

Tezos [XTZ] posted its latest edition of The Baking Sheet, mentioning major developments in the ecosystem. The highlight of the report was the updates related to the Mumbai protocol.

Realistic or not, here’s XTZ market cap in BTC‘s terms

New update for Mumbai Protocol 

Tezos released a new update named Octez v16.1 for the Mumbai protocol. This was a major release as it corrected an implementation flaw in the new Mumbai baker binary that could occasionally cause bakers to incorrectly endorse blocks and deteriorate network liveness.

As per the official announcement, Tezos recommended bakers to upgrade to version 16.1. before the activation of Mumbai on block 3,268,609.

Other notable developments 

Apart from the Octez update, another major update was pushed last week for TzKT Explorer, which came with support for the Tezos Mumbai Protocol.

The update included Smart Optimistic Rollups support, new types of operations for rollups, non-voted bakers during voting periods, and several other features.

Additionally, it was also revealed that Serokell, a software development company, will be collaborating with the Tezos Foundation. With this partnership, Tezos and Serokell will be focusing on the most popular and in-demand tools and libraries within the Tezos ecosystem.

Go to Source to See Full Article
Author: Dipayan Mitra

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details