Tezos Announces Hangzhou — The Newest Upgrade Proposal By CoinQuora
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- Tezos announced the newest upgrade proposal named Hangzhou
- The upgrade will enable new technical tools, patches, and extend liquidity baking
- The Hangzhou upgrade will prepare the stage for the upcoming Tenderbake update
Tezos recently announced a new upgrade proposal. They named it after Hangzhou — a location in China’s Zhejiang province that’s known to be a major global tech and innovation hub. Major improvements are made to Tezos as part of the upgrade proposal.
Tezos was one of the first Proof-of-Stake Blockchains. It’s also one of the networks that have on-chain governance that lets the network upgrade without performing a hard fork.
While platforms like are still starting to implement smart contracts, Tezos consistently improves its decentralized network with major updates. Hangzhou’s proposal will be a precursor to Tenderbake’s consensus upgrade. It will include new tools and patches.
The upgrade prop…
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