- Tezos will undergo its Mumbai upgrade this year, although there is no definite date set yet.
- The upgrade will see the rollout of smart rollups, which will allow up to 1 million TPS.
- Google Cloud will also become a Tezos network validator.
Tezos founder Arthur Breitman teased the next upgrade of the blockchain that he co-created with his wife Kathleen. According to him, this will be the next frontier of blockchains and that this is “only on Tezos.”
As seen in the tweet above, this refers to the Mumbai upgrade, which will allow Tezos to reach up to 1 million transactions per second, according to sources dating back from last year. This will become possible with the use of the so-called smart rollups.
According to Breitman, developers will be able to deploy new blockchains on the Tezos ecosystem “as simple as deploying a smart contract.”
Tezos will be undergoing its Mumbai upgrade this 2023, although the exact date has yet to be set in stone.
The excitement building up around Tezos’ 13th upgrade may have caused a price increase for its chief crypto Tezos (XTZ). from $0.72 a the start of the year, XTZ has reached $1.44 a couple of days ago, which is a 100% surge in a span of 2 months. At the time of writing, however, XTZ has simmered down to $1.24, at the time of writing.
In addition, Google Cloud revealed that it will also become a validator on the Tezos network, helping to ensure better network stability. This was announced on February 22, and shortly after, XTZ reached its 2023 ATH of $1.44.
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Jesus covers news related to the crypto space in Asia and in Australia, although he follows the latest events in the US and Europe as well. He is most interested in the blockchain gaming and regulation aspects of the industry.
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