Calypso Brings Performance Improvements Dramatically
Etherlink, Ethereum Virtual Machine -compatible Layer 2 solution built on Tezos, has implemented its third mainnet upgrade, Calypso, smoothly. The update was activated on March 12 and comes following a series of testnet testing over the recent weeks as well as a vote by Tezos bakers.
Calypso will significantly enhance network performance, speeding up, resilience, and efficiency for dApps developers. Among the most significant benefits is accelerated XTZ withdrawals from Etherlink to Tezos, streamlining transactions for users.
Faster XTZ Withdrawals and dApp Integration
Etherlink’s non-custodial solution, powered by Tezos’ smart rollup technology, enables seamless dApp integration and Ethereum ecosystem tool compatibility like wallets and indexers. Network performance can be enhanced up to 30x with Calypso, a significant leap for DeFi and blockchain use cases.
Besides, the upgrade improves smart contract storage and governance models, paving the way for more advanced non-custodial and trustless token bridging. Now, one can bridge Tezos native token, tez (XTZ), from Layer 1 to Etherlink, and Calypso enables withdrawals much quicker.
Securing Tezos’ Blockchain Ecosystem
The upgrade comes after the recent Quebec upgrade of Tezos, its 17th protocol upgrade, which introduced faster transactions, more efficient staking processes, and more robust token issuance.
Etherlink’s road map has premier milestones such as oracle price feeds, LayerZero bridge integration, and a decentralized sequencer. With Calypso’s go-live, Tezos continues as a high-tier blockchain ecosystem offering high-performance developer and consumer solutions.
