Tezos’ L2 Etherlink deploys Calypso upgrade on mainnet

Etherlink deployed its third upgrade of the protocol, Calypso, on Mainnet to bring a massive increase in performance to the Tezos Layer 2 network.

The solution of Ethereum Virtual Machine Compatible Layer 2 built on Tezos (Xtz) announced that the upgrade of Calypso was live on the Mainnet on March 12, to come a few weeks after the L2 deployed EVM compatible on Testnet.

The path to the Mainnet included a vote of governance of Tezos Bakers, key components of the ecosystem that operate alongside Tezos nodes.

After approving the launch of Mainnet, Calypso was successfully deployed to make improvements such as improved network speed, resilience and efficiency to developers of decentralized application. Deployment also means faster XTZ withdrawals from Etherlink to Tezos.

Etherlink’s non-guardian platform, fueled by Tezos Smart Rollup technology, allows DAPP-free integration and supports Ethereum ecosystem tools such as wallets and indexes. With its latest online upgrade on Mainnet, its performances could see up to a 30x boost – important numbers in the world of finance and decentralized exchanges.

Calypso also means improved the storage of smart contracts and governance updates. He lays the basics of improvements to the transmission of non -guardian token and without confidence.

As it stands, users can fill the native tezos tez tezos from layer 1 chain to etherlink and return. The XTZ Pontage from Etherlink to Tezos L1 is called withdrawal, while the XTZ bridge of the layer 1 chain at the Etherlink network is called deposit. In both cases, XTZ is the native token on the two channels.

“The moving of Etherlink Tez to Tezos L1 may currently want to wait in traffic. Calypso introduces a new precompounded contract entry point, which sets the much faster withdrawal bases ”, Tezos said In February before this Mainnet deployment.

Etherlink introduced his alpha testnet in 2023 and his beta version at the beginning of 2024, with key milestones in the roadmap, including the integration of food for Oracle prices, the Layerzero bridge and a decentralized sequencer.

Meanwhile, Tezos recently deployed his 17th upgrade with the Activation of QuebecWho has introduced faster transactions, deployed an improvement in the implementation and reinforced mechanisms of the emission emission.