Tezos Nairobi Upgrade Revolutionizes $XTZ: Unleashing Viral Media Frenzy!

By Lola Coin Jun 27, 202390Views

Tezos has implemented its 14th network upgrade, Nairobi, which aims to enhance user experience and network performance. Despite these improvements, the price of Tezos’ native token, $XTZ, has not seen a significant impact. The Nairobi upgrade includes increased transaction throughput, allowing for faster processing and lower fees. Tezos now supports Smart Rollup functions, enabling synchronization with future upgrades. The platform has also improved its terminology and pre-attestation propagation speed for faster consensus. The upgrade coincided with the launch of the Tezos Ecosystem DAO, which aims to streamline on-chain funds deployment and treasury management. Despite these advancements, XTZ prices remain under pressure, though the overall cryptocurrency market seems to be recovering. The Nairobi upgrade represents Tezos’ commitment to continuous improvement and innovation, paving the way for a promising future.

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