Tezos ( XTZ), which makes blockchain transactions eight times faster Nairobireleased its upgrade.
Crypto projects continues to develop these days when the market is on the rise and attracting great interest. New announcements keep coming from many projects that will revive the community. One of these projects Tezos announced its Nairobi upgrade as part of its blockchain developments. This upgrade is eight times fasterwill enable processing.
Tezos Launches Nairobi Upgrade
Tezos ( XTZ ), released the Mumbai update last March. With this update, the Tezos network could handle up to 1 million transactions. Tezosaims to create eight times more efficient blockchain with a new upgrade.
Tezos developers stated that the Nairobi update will also introduce a new fee mechanism to users. According to this fee mechanism, users’ network usage status will be taken into account, rather than a one-size-fits-all flat fee.
Nairobi it will also reveal a faster network usage of Tezos. In this way, future upgrades will take the blockchain structure to the next level.
However, this development XTZIt was not very helpful. At $0.85 on June 25XTZ, which is nowadays It exhibits activity around $0.80.
