The Tezos blockchain platform activated the Florence protocol upgrade.
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Welcome to #Florence — the 6th protocol upgrade for #Tezos. https://t.co/ZgPUqbJDTk pic.twitter.com/NqTHlD4i1i
— Tezos (@tezos) May 11, 2021
Florence — Tezos’ sixth upgrade. It was initiated by Nomadic Labs, Marigold, DaiLambda, and Tarides.
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In the vote on their proposals, 171 bakers participated, accounting for 59.61% of the votes.
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Key changes in Florence:
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- The maximum operation size increased from 16 to 32 kilobytes. The smart contract size has doubled — developers can create more complex applications;
- Gas consumption optimization. The platform executes complex smart contracts at lower costs;
- Change in the ordering of links between smart contracts. Previously interactions between them followed a breadth-first pattern [first in — first out], now a depth-first [first in — last out]; Developers find it easier to design the relationships between smart contracts.
- Change to the patching process. The upgrade disabled the test-network feature in the Tezos economic protocol. In practice, it was never used.
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In February 2021 the platform activated the EDO update. Tezos implemented the Sapling library from Zcash.
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In April, the gaming giant Ubisoft became a corporate validator of the Tezos network.
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Earlier in the same month, the conglomerate Societe Generale issued securities on the Tezos blockchain.
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