Tezos (XTZ), the delegated proof-of-stake (dPoS) smart contract platform, has experienced a series of recent developments that have its community buzzing over the future.
The top 20 cryptocurrency project, which was created with an emphasis around on-chain governance, saw its first self-amendment proposals introduced last week for the protocol’s forthcoming Athens upgrade. Both proposals were put forth by Tezos research and development team Nomadic Labs.
The inaugural amendments are conservative and maintenance-focused. Athens A would decrease from 10,000 to 8,000 the amount of XTZ needed to validate Tezos blocks and would increase the gas limit of the protocol. Athens B would simply increase the gas limit without reducing the Tezos roll size to 8,000.
However the community ends up leaning, the proposals highlight how the stakes and prospects of on-chain governance are rising in the cryptoverse.
Today marks an important milestone for Tezos. We just triggered the beginning of the first on-chain vote for self…