Tezos Commons :: Month at a Glance — January 2023
February 14, 2023Month at a Glance — January 2023
A breakdown of the latest happenings and significant milestones taking place within the Tezos ecosystem for the month of January 2023.
Welcome to our latest issue of Month at a Glance where we breakdown most of the latest happenings and significant milestones taking place within the Tezos ecosystem on a monthly cadence.
Like a repeating vinyl record, January 2023 was a big month in terms of continued network usage, integrations, and further adoption. It’s only a matter of time before these achievements unlock the next mass adoption by the masses.
Let’s break it all down.
Ecosystem Insights
Protocol Mumbai, the 13th Tezos upgrade has been announced and injected for token holder voting. There’s a whole lot going on with this upgrade and it’s worth highlighting some of the key features.
Protocol Mumbai will introduce the following features:
Smart Rollups activationZK RollupsPipelining activationTickets improvementsOther
The work on pipelining is worth highlighting in particular. With this upgrade, the final installment of efforts towards pipelining are happening. Essentially, this will allow block times to get reduced in half from 30 seconds to 15. Get ready for some speedy block times!
Nomadic Labs detailed these features in length on their blog post.
To summarize, in Kathmandu we first focused on applying this new validation discipline to manager operations — e.g. transactions and smart contract calls, which are the ones which consume the most resources. In Lima, we extended our scope to all operations supported by the Tezos economic protocol, and to how blocks are handled when nodes receive them. And now in Mumbai, pipelining is brought to the baker, so the block payload (smart contracts, etc.) is not executed before the proposed block is propagated — the block must only go through a lightweight validity check (see our previous discussions on pipelining for more details).
This will be the second time Tezos reduces its block time via its on-chain governance. The first being witnessed in protocol Granada with the activation of Emmy*.
For a detailed breakdown on other features such as smart rollups and zk rollups, be sure to check out our post on Mumbai.
Not to be left out of the spotlight, Messari released their “State of Tezos Q4 2022” report. The report was quite detailed breaking down a lot of key developments, growth, and adoption that the network experienced throughout the year and final quarter.
Most notably, Tezos network usage continued to rise YoY despite market sentiment, TVL hit all-time highs in Q4 2022, and NFT sales more than doubled.
Source: Messari
This chart is particularly important and shows several things. First of all, despite market sentiment across the board, Tezos is seeing lots of usage in the form of smart contract calls and transactions. A lot of this in Q4 can certainly be contributed to the success of the Manchester United NFT drop and collaboration.
However, it’s an important metric that shows the network is being used during a time where interest has significantly dwindled in the crypto space, and most important of all, that usage is continually growing. Which after all, that’s the whole point for everything right?
The last thing worth touching on is corporate baking. For the past month or so, there’s been a noticeable increase in corporate bakers coming to Tezos and setting up shop. In case you’re unfamiliar with the term, corporate baking refers to the act of corporations or enterprises coming to the Tezos network and starting a bakery.
I’ve mentioned this before in previous content, but I think this is an often overshadowed development. It’s quite simple and powerful that major corporations are taking part in the validation of the network as it shows their trust and support for Tezos.
Corporate baking requires a level of time and financial commitment to do so. With that commitment, not only are they essentially putting their money where their mouth is, they’re also getting invaluable direct experience with the network itself.
That firsthand experience is the important part and how it can translate down the road. Just last month, we saw 2 new corporate bakers (Ledger Leopard and Telindus). Let’s see if the trend continues this month and look forward to how these entities plant their seeds into the Tezos ecosystem.
News from the Tezos World
Corey Soreff joins the Tezos Foundation TAC
Corey Soreff, executive director of Tezos Commons has replaced Luis Gonzalez on the Tezos Foundation Technical Advisory Committee.
TezTalks gets a facelift!
TezTalks has new marketing and branding assets, featuring a new and exciting spin on the most watched ecosystem-wide live stream and podcast series.
Ledger Leopard joins the Tezos ecosystem as a corporate baker
PR: “For nearly 6 years, Ledger Leopard has been assisting companies from various sectors (medical, logistics, banking, etc.), as well as developers, in the implementation of Web3 projects ranging from the creation of decentralized and customized applications to the addition of tokens. The company recently developed a unique project for the Ministry of Waterways and Public Works in the Netherlands: a “Digital Soil Passport” based on Tezos’ blockchain technology. The aim is to use this “digital passport” to store movements on Dutch land on the blockchain, a first.”
Stables is coming soon to Tezos!
A new web3 fantasy horse racing game will be launching on Tezos, learn more about it here. Powered by PMU, they are an almost 100 year old institution and the 3rd largest horse betting operator in the world.
Tezos Technical documentation just got a facelift
Heading over to the Tezos gitlab, users are now met with improved usability and structure.
Ledger Live has implemented OBJKT support
The most popular digital asset management platform has integrated support for Tezos NFTs via OBJKT. With this integration, users can now easily and securely view your Tezos NFT collection directly through Ledger Live.
Protocol Mumbai has been announced!
The latest Tezos upgrade has been announced, focusing on the activation of smart rollups, zk rollups, and much more.
Telindus becomes a corporate baker on Tezos
PR: “In particular, Telindus plans to implement the “Choose Your Baker” solution developed by Coexya, an independent and multi-specialist leader in the digital industry that operates as an integrator, software publisher and consulting firm”.
Messari releases “State of Tezos Q4 2022” report
Messari highlights some key yearly achievements including 4 forkless upgrades, a 115% in annual NFT sales (denominated in tez), all-time high TVL, increased network usage and much more in their report.
Altme and TezID partner for digital identity applications on Tezos
PR: “This partnership improves #UX for Tezos users by allowing them to easily share specific identity information while maintaining #privacy through SSI’s “Selective Disclosure” and “Zero Knowledge Proof” (#ZKP) features”.
The California DMV and Oxhead Alpha have began collaborating
Tezos development team Oxhead Alpha and the California DMV are collaborating to put car titles on the Tezos blockchain.
Events
The Blockchain Evolved Show — Janaury 9Fxhash x Cure3 — Janaury 13–16Tuesday TezDay — January 10TezTalks Live #55: Brian David Marshall, InterpopBinanceUS AMA with Tezos Commons — January 12TezTalks Live #56: Andrei Taranu, dOrgThe Blockchain Evolved Show — January 15Reddit Community Call w/ Satoshi’s Closet — January 23The Blockchain Evolved Show — January 23Tuesday TezDay — January 24Creating and Collecting Art on Tezos/Objkt — Ledger LiveThe Blockchain Evolved Show w/ Arthur Breitman — January 26Tezos New Hampshire meetup — January 27Tezos Greece meetup — January 28Reddit Community Call w/ Nicolas Ochem — January 30Tuesday TezDay — January 31
TC Community Rewards Program and updates on the Small Grants Program
The Community Rewards Program (CRP) is a Tezos Commons Foundation initiative aimed at fostering adoption and supporting the Tezos ecosystem. Every month up to 5,000 tez are rewarded to those that stand out in merit and act in the interest of the Tezos ecosystem as a whole.
In an endeavor to make it easier for community members to nominate their favorite contributors to the ecosystem, the nomination form has been drastically streamlined. Now containing only three questions, it takes less than 30 seconds to submit a nomination.
Don’t have 30 seconds? You can tag any discord message or tweet with #TezosCRP and we will collect them as well!
The categories and nomination standards have remained the same. For more information head over to the refreshed landing page here. We’ve also announced December 2022 winners, so be sure to check out the recap on that here.
Lastly, we also announced a new small grant nominee, Crunchy! The Crunchy team has been hard at work with their recent deployment of a new token tracker for the major FA1.2 and FA2 Tezos tokens. Head over to the Crunchy homepage and take a look. You can now easily track and manage your Tezos DeFi assets with the luxury of having something similar to CoinMarketCap’s detailed metric breakdown.
You can learn more about the small grants program and apply here.
About Tezos Commons Foundation
Tezos Commons is a non-profit organization with an emphasis of building communities on Tezos and supporting the Tezos ecosystem and its members. Through organizing several community-focused events, providing funding for hackathons and small projects, Tezos Commons has been actively contributing towards building and retaining community on Tezos.
Learn more about Tezos Commons.
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Month at a Glance — January 2023 was originally published in Tezos Commons on Medium, where people are continuing the conversation by highlighting and responding to this story.
