Wolfram Blockchain Labs Announces Integration With Tezos, Three Months After Cardano Integration

1 March 2021 | Updated: 1 March 2021

Only a few months after the Cardano integration, the DLT project Wolfram Blockchain Labs (WBL) has replicated it with Tezos. This means that developers working on blockchain analytics and computational contracts can now use the Tezos network.

WBL is a known provider of distributed ledger technology (DLT) solutions that aid the development of a variety of smart contracts and decentralized applications (dApps). It is the blockchain arm of Wolfram Research, creators of Mathematica, Wolfram|Alpha, and the Wolfram Language.

The project announced via a recent press release that Tezos has become the latest blockchain to get fully-integrated into WBL’s DLT ecosystem.

Apart from aiding developers with analytics and computational contracts to utilize the Tezos blockchain, the integration has triggered the establishment of a designated oracle that provides Wolfram Alpha data to smart contract developers.

Meanwhile, Tezos uses Nomadic Lab’s Mi-Cho-Coq formal verification framework to maintain a consistent oracle behavior.

The press release highlighted that products using the Tezos blockchain would be more secure due to the formal verification. The statement added that it’s a process that “proves the correctness of properties of a smart contract to help mitigate the risks of bugs and other vulnerabilities.”

The CTO of WBL, Johan Veerman, commented on the development, saying that: “Tezos is an exciting third-generation blockchain that features several services and functions that will expand what’s available to our developers. We’re thrilled to work with TQ Tezos on bringing the WBL ecosystem of tools to the Tezos blockchain.”

Similar Integration With Cardano
In December 2020, WBL integrated another popular blockchain project—Cardano—which works similarly to the Tezos integration.

WBL started implementing Cardano’s DLT data into Wolfram Alpha to help developers integrate external data into smart contracts on the blockchain project.

Additional plans included the development of dApps to allow blockchain-based commerce and business model transformation and the dissemination of some Cardano-specific content in an educational course material published by WBL.

 

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Tezos Announces Major Network Upgrade, as XTZ Price Soars

19 February 2021 | Updated: 19 February 2021

Open-source platform Tezos has just announced that it will be releasing its most ambitious upgrade (Edo) to its blockchain ever. They noted that the upgrade would add the Sapling protocol, tickets, and a new Adoption Period to back future upgrades that boost network functionality.

Tezos has been taking advantage of the recent frenzy around its native token XTZ, which has spiked by more than 150% year-to-date at press time. Tezos’ previous update, Delphi, was launched about three months ago and slashed gas costs by 75%.

The company noted that its new Sapling protocol would allow developers to power “new types of applications” through the incorporation of “voting or supporting asset transactions with selective disclosures.” Tezos reported that one-use tickets would serve as a convenient mechanism to gain access to contractual functions. Apart from boosting developer efficiency, the tickets are created to foster better secure and composable contracts and issue tokens.

Tezos Set New Adoption Period to Aid Transition Process for Users
The new Adoption Period will tackle the common issues Tezos users face on the network during the transition period of new protocols. Tezos users can now experience a five-cycle period between the approval date of the upgrades and the adoption process (usually around two weeks). This is a significant upgrade from the previous mechanism, which involved four periods to eight cycles. That said, Tezos reaffirmed its commitment to “seamless upgrade transitions for all users.”

The new upgrade, Edo, will address minor bugs, boost the network’s overall performance, and further slash gas consumption more significantly than previous upgrades.

Tezos continues to make significant strides, with the network already making comments about the next ecosystem upgrades. In the recent announcement, Tezos noted that users should expect news on its next major update, Florence.

 

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