High-Performance Blockchain Platform Tezos (XTZ) Can Now Process Over 1,000 Transactions Per Second With Octez v13 Active
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- Advancing Storage Performance to 1000+ TPS: Tezos Octez v13 . activates
- New evidence from Merkle, space use reconsidered and interoperability updates
The team at blockchain giant Tezos (XTZ) shared details of its upcoming upgrade that is set to address the bottlenecks of network performance and advance the experience of its developers.
Advancing Storage Performance to 1000+ TPS: Tezos Octez v13 . activates
According to a detailed blog post shared on Tezos (XTZ) main platform Agora, its engineers have developed Octaz v13. In March 2022, significant changes were implemented to the network’s memory logistics.
Tezos reaches 1000 TPS! read about @TezosAgora
— Tarides (@tarides_) 21 April 2022
We are proud of this milestone @tezos And we’re thrilled to be working on this project! https://t.co/IXThWOZao9#ocamley #irmin #octez #blockchain
Namely, the Irmin backend that supercharges the Tezos (XTZ) storage layer implemented two new strategies. First, Tezos (XTZ) engineers dramatically reduced the number of calls required for blockchain operations. Then, the data sequencing strategy was also reorganized.
These two updates have resulted in an impressive increase in the performance of the entire Tezos (XTZ) ecosystem. In addition to a 5-fold increase in TPS—which allowed Tezos to complete 1,000 transactions per second—engineers reported a 12x improvement in average latency of operations and an 80% reduction in memory usage.
The above changes have already been rolled out and will be included in the upcoming Octaz v13 upgrade. To keep supporters and analysts abreast of Tezos progress, the team decided to regularly update performance benchmarks for Irmin and Tezos.
New evidence from Merkle, space use reconsidered and interoperability updates
More updates for Tezos (XTZ) users and validators (“bakers”) are prepared by engineers in Q2, 2022. For example, Merkle Proofs, an important security and scalability mechanism, will be added to the Tezos (XTZ) codebase in the future. Week.
Furthermore, to make the use of the blockchain more resource-efficient, Tezos (XTZ) engineers will organize its infrastructure into two layers: a read-write layer and a read-only one. This will allow node operators to use less disk space.
Last but not least, in addition to the C bindings, Tezos (XTZ) supporters can start experimenting with Python and Rust bindings. This upgrade will introduce Tezos (XTZ) and its products to a new audience of developers and upgrade its interoperability.