Tezos Facilitates Rio Update, Enhancing Flexibility in XTZ Cryptocurrency Staking
Check Out Tezos (XTZ) on Google News * Tezos Unveils Rio Upgrade: What's Changed?* Enhanced staking flexibility, streamlined validator framework, and L2 scalability boost
Get the lowdown on the Tezos network as they share the scoop on their latest upgrade, the Rio version. This 18th Tezos update brings a refreshed user experience, flexible staking options, and enhanced validator selections.
Tezos Unveils Rio Upgrade: What's Changed?
Tezos (XTZ)'s 18th blockchain update, Rio, has gone live, promising a slew of upgrades that boost staking flexibility, mark a milestone in the adoption of the Data Availability Layer (DAL), and fortify the blockchain.
The DAL, slated for activation on mainnet with the Paris protocol upgrade in 2024, aims to escalate the transaction data that can be published on-chain by up to 4,000x. All the while keeping costs in check for rollups like Etherlink.
The DAL has been smoothly integrated into Tezos, reinforcing the security and integrity of this upgrade through Tezos validators. Rio recalibrates the rewards model to support this crucial change.
Staking Flexibility Enhancements
- Swift cycle length: Slashes staking cycles from approximately 3 days to just 1 day[2][3], making it a breeze for users to move funds between staking and apps.
- Efficient user experience: Accelerates the unstaking and restaking processes, making 3x faster[3] transitions on Web3 platforms a reality.
L2 Scalability Advancements via DAL
- DAL incentives: Allocates 10% of baking rewards to validators facilitating DAL, a core component for L2 scalability[2][3].
- Cost reduction: Enhances DAL's ability to boost the scalability of L2 rollups like Etherlink, slashing the fees for such operations.
- Seamless integration: Ensures harmony between DAL and Tezos' security model, with bakers now securing DAL[1][4].
Network Strengthening through Validator Framework Changes
- Stricter inactivity rules: Ousts bakers who are inactive for >2 days, thanks to the Rio upgrade, thereby bolstering network resilience.
- Login zoom: Encourages bakers to prioritize L2 growth and DAL adoption by dangling stronger rewards[2][3].
Improved L2 Scalability Potential
Tezos (XTZ)'s Rio upgrade and DAL incentives allegedly pave the way for handling skyrocketing L2 activity, particularly for rollups demanding high-throughput data availability. Rio's aim is to foster the adoption of platforms like Etherlink by bringing down costs and assuring strong infrastructure[1][3][4].
#Tezos Chronicles
Note: Rio's enhancements prioritize increasing staking flexibility, reinforcing the network, and propping up L2 scalability.
- The 18th update on Tezos' blockchain, named Rio, has gone live, offering enhancements in staking flexibility, L2 scalability, and network strengthening.
- The Rio upgrade promotes a shorter staking cycle of 1 day, making it easier for users to move funds between staking and apps on Web3 platforms.
- The unstaking and restaking processes in Tezos' network have become 3x faster due to the enhancements brought by Rio.
- The DAL, aimed for activation on mainnet with the Paris protocol upgrade in 2024, is integrated into Tezos through Rio, reinforcing security and integrity.
- The Rio upgrade allocates 10% of baking rewards to validators facilitating DAL, a core component for L2 scalability.
- The ability of the DAL to boost L2 scalability, such as for Etherlink rollups, is enhanced, potentially reducing fees for such operations.
- The Rio upgrade and DAL incentives are expected to support the growth and adoption of platforms like Etherlink by bringing down costs and ensuring robust infrastructure.
