The Good Tech Companies - Tezos Introduces 3x Staking Rewards and Faster Block Times in Quebec Update

Episode Date: January 21, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/tezos-introduces-3x-staking-rewards-and-faster-block-times-in-quebec-update. Tezos has implemented its 17th protocol upgrade, Quebec. It alters block timing and staking parameters to improve operational performance. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #tezos, #tezos-news, #dlt, #blockchain, #web3, #cryptocurrency, #tezos-announcement, #good-company, and more. This story was written by: @ishanpandey. Learn more about this writer by checking @ishanpandey's about page, and for more stories, please visit hackernoon.com. Tezos has implemented its 17th protocol upgrade, Quebec. It alters block timing and staking parameters to improve operational performance. Bakers, the network’s validators, are permitted to accept an increased external stake.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Tezos introduces 3x staking rewards and faster block times in Quebec update. By Ashan Pandey, Tezos blockchain has implemented its 17th protocol upgrade, Quebec, which alters block timing and staking parameters to improve operational performance. The change followed an on-chain voting process and was developed by teams at Nomadic Labs, Trilitec, and Functori. The protocol update fits within the Tezos X roadmap and adjusts technical aspects of network operation, staking incentives, and token inflation control. Quebec reduces the layer one block time from 10 seconds to 8 seconds. Transaction finality now occurs in 16 seconds. Bakers, the network's

validators, are a permitted to accept an increased external stake, raising their capacity from 5x to 9x the amount of their own stake. The update also adjusts staking rewards so that stakes held directly yield three times the rewards compared to delegated funds, a modification from the previous 2x ratio. These changes maintain the networked hardware requirements for consensus, allowing participation by operators using lower specification infrastructure. Jan Rigi Giannis, head of engineering at Nomadic Labs, stated that the upgrade improves transaction speed and alters the staking model without affecting decentralized participation. He noted that discussions within the community regarding tokenomics and inflation control played a key

role in addressing issuance levels relative to network security. The emphasis on rebalancing external stake acceptance and reward proportions reflects a plan to control token supply increase while preserving network integrity. Quebec also refines the adaptive issuance mechanism introduced during the Paris Protocol upgrade. The mechanism now the adaptive issuance mechanism introduced during the Paris Protocol upgrade. The mechanism now adjusts issuance rates in response to network conditions with the aim of keeping staking rewards aligned with security requirements. This change follows consultations with community members and bakers, ensuring that staking and delegation maintain their respective roles in security and economic incentive. Recent ecosystem events

complement the protocol change. The launch of the Uranium.io marketplace on Etherlink, an EVM-compatible Layer 2 solution powered by Tezos Smart Rollups, illustrates a trend in tokenizing real-world assets linked to digital market sectors. The addition of this platform coincides with heightened attention on tokenizing tangible assets, particularly those associated with developments in the AI sector. Analysis The Quebec upgrade represents an adjustment of blockchain parameters to achieve efficient transaction processing and improved stake management. Their reduction in block time and increase in allowable external stake for bakers suggest a focus on clear, measurable improvements in

network operation. Refining the staking reward ratios and adaptive issuance mechanism indicates a commitment to controlling token inflation while preserving network security and PR dissipation from a broad user base. Final thoughts. The protocol upgrade underlines TISO's ongoing effort to adjust its operational parameters to meet network demands. The deliberate changes in block timing and S-taking configurations serve to consolidate network performance. TechniCal participants and network operators view these adjustments as part of a structured process to maintain the balance between transaction speed and secures-taking practices. Continuous modifications such as Quebec contribute to the practical management of blockchain parameters that support long-term network function. practices. Continuous modifications such as Quebec contribute to the practical management

of blockchain parameters that support long-term network function. Don't forget to like and share the story. Tip Vested Interest Disclosure. This author is an independent contributor publishing via our business blogging program. Hacker Noon has reviewed the report for quality, but the claims herein belong to the author. Hashtag D-Y-O-R. Thank you for listening to this Hacker Noon story, but the claims herein belong to the author.