Research

Babylon upgrade activates on Tezos

Messari

Oct 18, 2019 ⋅  1 min read

Tezos ($XTZ) has upgraded via it's third on-chain governance proposal, originally submitted by Cryptium Labs and the research and development group Nomadic Labs after receiving 85% approval. This upgrade, dubbed Babylon, affects the protocols consensus algorithm, smart contract functionality, and governance mechanism.

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