Tezos Set to Implement Zcash Privacy Features in Edo Upgrade
Smart contract blockchain protocol Tezos (XTZ) is gearing for its next network upgrade designated “Edo” which will reportedly introduce robust security features to the network. The Edo update will also include a revamp of the project’s smart contract functionality with the introduction of token issuance capabilities.
Edo Upgrade Follows Swiftly on the Heels of Delphi
Tezos developers Nomadic Labs, Metastate, and Marigold issued a joint release announcing the Edo update on Monday (Nov. 30). According to the statement, the upgrade will go live in early December.
Among the raft of features in the upcoming Edo upgrade is the first implementation of the Zcash (ZEC) Sapling library. Deploying Sapling on the Tezos chain will reportedly introduce shielded coinbase, a major component of transaction privacy functionality on blockchain networks. After the completion of the Edo upgrade, developers will be able to integrate Sapling into their decentralized apps (dApps) and smart contract protocols.
The deployment of Sapling on the Tezos network is the latest of such collaborations across blockchain divides. Back in May, BTCManager reported that Tezos had inked a deal with oracle provider Chainlink (LINK) to utilize the latter’s services on its chain.
Apart from Sapling, the Edo upgrade also introduces a ticket system to the Tezos network that allows smart contracts to grant permissions or initiate token issuance protocols within the blockchain. According to the release, this new ticket system offers seamless access for third-party smart contract and dApp developers.
With the Edo upgrade coming barely a fortnight after the Delphi update release, the Tezos developers remarked that work on the former had been going on in the background for a significant amount of time. Commenting on the accelerated update timeline, the release explained:
“We’ve been hard at work on the core Tezos software, and we’ve made significant improvements that we want to share with the users of the network. In particular, we have now completed a number of improvements that were in progress at the time that the interim Delphi update was proposed.”
Back in September, Societe Generale tapped Tezos for its Bank of France-backed central bank digital currency (CBDC) test. Tezos is also one of the public chains integrated into China’s Blockchain Service Network (BSN).