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Jan. 22, 2025, 11:05 a.m.
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Tezos 'Quebec' Upgrade: Enhanced Performance and Increased Staking Rewards

Brief news summary

On January 22, 2025, Tezos implemented the Quebec upgrade, significantly enhancing Layer 1 transaction finality. This upgrade decreases block times to 8 seconds and achieves complete finality within 16 seconds, optimizing performance for payment and gaming applications. Validators, known as bakers, can now leverage external funds up to nine times their stake, enhancing network security while maintaining decentralization without requiring hardware changes. The staking rewards system has been revamped, tripling the incentives compared to previous delegation methods, thus increasing the network's resilience. An Adaptive Issuance mechanism is now in place to manage inflation and align rewards with the network’s security requirements. Yann Régis-Gianas from Nomadic Labs noted that the upgrade not only boosts Tezos' speed and economic strength but also makes staking more appealing while promoting decentralization. It reinforces Tezos' commitment to decentralized governance, fostering community engagement in its tokenomics. The Quebec upgrade is a significant step forward in the Tezos X vision, reflecting the platform's ongoing dedication to innovation in its ecosystem.

**Paris, France, January 22nd, 2025, Chainwire** The recent "Quebec" upgrade has significantly improved Tezos' blockchain performance, reducing block time from 10 seconds to 8 seconds, achieving transaction finality in just 16 seconds. This enhances Tezos’ attractiveness for applications in payments, gaming, and more. The upgrade also allows bakers (validators) to accept up to 9 times their own stake in external investments, enhancing network security while keeping hardware requirements unchanged, ensuring inclusivity in decentralization. Further, Tezos has increased staking rewards to three times that of delegation, previously set at two times, optimizing for minimal inflation and promoting sustainable network health. The adaptive issuance mechanism, refined in this upgrade, ensures staking rewards remain sufficient to maintain security without excessive currency issuance. Yann Régis-Gianas, Head of Engineering at Nomadic Labs, praised the Quebec upgrade for making Tezos faster and more economically robust without compromising decentralization.

He emphasized the importance of community involvement in the process, particularly in discussions around tokenomics. The Quebec update is a significant step towards Tezos X, showcasing its long-term upgradability and ongoing innovation within the community. This announcement coincides with the launch of uranium. io, a marketplace on the EVM-compatible Layer 2 blockchain Etherlink, aimed at democratizing access to real-world asset (RWA) tokenization. **About Tezos**: Tezos is an open-source, energy-efficient blockchain that supports institutions and developers in deploying decentralized applications. Renowned for its strong governance and upgradability, Tezos remains a pioneering platform in the blockchain sector. For more details, visit [tezos. com](http://www. tezos. com).


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