Tezos developer teams have announced technological upgrades they call “Tezos

The roadmap calls for splitting transaction execution into a separate “canonical rollup” and supporting “atomic transactions” between smart contracts written in different programming languages. The main Tezos blockchain will serve as a base layer for consensus and settlement.🔧

Tezos was founded by couple Arthur and Kathleen Breitman and raised a record-breaking $232 million in an initial coin offering in 2017, and at one point was seen as one of the most promising smart contract blockchain projects to rival Ethereum. However, the project has struggled to stay on top, with a token market cap of approximately $749 million, according to CoinDesk data. Native XTZ token is 92% below its all-time high.😅

In 2022, developers began scaling the Tezos network. At the core of the strategy are Smart Rollups, an optimized and dedicated second layer that handles transactions.📈

What's different about the Tezos scheme is that transaction execution can be handled by a single rollup, rather than multiple layer-2 networks like in Ethereum. “In theory, a single rollup is sufficient to meet all but the most extreme use cases,” the post reads. “This is what Tezos

Under the plan, the canonical rollup is expected in 2026. Do you think Tezos can shake Ethereum's throne? We are waiting for your comments!😉👇