Tezos Tallinn Upgrade Cuts Storage Costs 100x

Tezos Activates Tallinn Protocol Upgrade, Cutting Storage Costs

• Tezos has implemented its 20th protocol upgrade, known as the Tallinn upgrade, through a decentralized on-chain governance process.
• The upgrade was developed by Nomadic Labs, Trilitech, and Functori to enhance performance and efficiency.
• Layer 1 block times have been reduced to six seconds, improving finality and security with BLS signatures.
• An Address Indexing Registry introduced in the upgrade can reduce application storage requirements by up to 100x.
• The update enhances Tezos’ scalability and role as a settlement layer for Etherlink, benefiting from L1 finality in two blocks (12 seconds).

The recent Tallinn protocol upgrade significantly enhances the Tezos blockchain’s performance by reducing block times and storage costs while improving security. The update also strengthens Tezos’ position as a settlement layer for Etherlink with improved finality.