Arthur emphasized that Tezos X operates under a decentralized governance model, which is critical for its evolution. This decentralized approach eliminates the need for centralized teams or hard forks that dictate changes, making it essential for developers and stakeholders to collectively decide on upgrades. Such governance ensures that the ecosystem is more resilient and adaptable to the necessary changes brought about by the community.
2. Modular Yet Composable Architecture
Arthur introduced the modular design of Tezos X, which offers the benefits of both modularity and composability. The architecture allows developers to create applications as if they were operating in a cloud environment, promoting performance while maintaining interoperability. This hybrid design aims to enhance the development experience, allowing users to build applications with faster deployments while ensuring they can integrate across various platforms seamlessly.
3. Importance of On-chain Governance
Arthur highlighted that on-chain governance is fundamental for the success of decentralized networks. He argued that without an effective governance mechanism, blockchains risk resembling centralized software companies masquerading as decentralized ledgers. This notion underlines the importance of enabling stakeholders to participate in decisions that affect the blockchain's future, which is a core aspect of Tezos X's philosophy.
4. Low Latency and High Throughput Solutions
Arthur discussed Tezos X's capability of achieving one million transactions per second (TPS) while maintaining low latency. This performance is pivotal as it reshapes how developers can approach building applications. By providing a scalable infrastructure, Tezos X will allow for large-scale applications to operate efficiently without sacrificing speed, which is crucial for real-time user experiences and broader adoption.
5. Integration of Popular Programming Languages
In his speech, Arthur emphasized the increasing integration of widely-used programming languages like JavaScript and Python into Tezos X. He noted that this is a vital step to attract a larger developer community, given that these languages have significantly more developers than niche languages typically used in blockchain. The availability of comprehensive documentation and tools associated with these languages offers a pathway for greater innovation in decentralized application development.
6. Focus on Formal Verification and Security
Arthur addressed the need for formal verification in the development of decentralized applications to ensure security and reliability. He acknowledged that while formal verification can be tedious, advancements in AI are making this process more efficient. This change can encourage developers to adopt more secure practices, ultimately leading to a safer ecosystem within Tezos X.
Keep your mind space fresh.
While we offer lots of free value to the community, our daily intel report (technical analysis, fundraising, token unlocks, and more) is exclusive to pro users.