The processing speed of Tezos, a self-amending smart contracting platform, will soon exceed 1,000 TPS after the activation of Octez v13 and the release of Irmin.
This upgrade is near a 6X improvement in processing capabilities versus Octez 10, highlighting the fast pace of development in Tezos and the dedication of the building team. It also precedes important upgrades on Tezos’ memory logistics in March 2022.
To achieve such superb results, the development team stabilized the core storage system by adding a new indexing strategy to Irmin. At the same time, it slashed memory requirements by up to 80 percent. Subsequently, the base layer will be more stable. It would be beneficial for bakers—who are Tezos’ validators—since rewards will be much more predictable.
A distinguishing feature expected with Octez v13 is that Irmin is blockchain agnostic. Therefore, it can find uses in the upcoming update as a custom storage layer.
Because of the advantages on the table, Octez v13 Tezos node implementation will leverage the capabilities of Irmin for the storage of blockchain states. Out of this arrangement, Tezos would boast of a 1,000 TPS in the storage layer.
The development team will continue to improve Irmin and boost processing speeds regularly. This is crucial considering the fast-paced nature of crypto and the increasing load on the base layer as Tezos finds widespread adoption.
In late 2021, Ubisoft, a French video-game developer, deployed the first NFTs on Tezos, featuring three collectibles for the Ghost Recon Breakpoint game.
