Tezos Co-Founder Explains New OnChain Upgrade As A Simpler Way to Use Complex Smart Contracts

  • Tezos – the blockchain network for smart contracts and decentralised applications (DApps) which facilitates formal verification – has officially launched its on-chain blockchain update.
  • The responsibility of a baker is similar to that of a miner on a proof-of-work PoW blockchain as bakers are also expected to verify transactions and also create new blocks.
  • Speaking on this, the Chief Marketing Officer (CMO) of a staking-as-a-service provider known as Everstake, has expressed that this new upgrade will generously help small bakers.
  • Arthur Breitman who is the co-founder of Tezos has also explained that Athens A would make it easier to put a lot more complex smart contracts on the Tezos network.

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