Tezos: First ever upgrade!

The Tezos blockchain has been upgraded for the first time after stakeholders spent 3 months voting.

The upgrade (called Athens A) reduces the minimum amount of tokens required for a user to become a baker on the network and increases computation limits on Tezos blocks to allow for larger transaction throughput.

Tezos has a unique method of on-chain governance. Upgrades can be automated, decentralized, and self-funding.

I talk to Arthur Breitman of the Tezos project about this process and the recent upgrade.

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