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HomeCrypto NewsMarketCardano Founder Congratulates Tezos on Launch of “Mumbai” Upgrade

Cardano Founder Congratulates Tezos on Launch of “Mumbai” Upgrade

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Hoksinson ignores rivalry to congratulate Tezos community members.

Cardano founder Charles Hoskinson has congratulated members of the Tezos ecosystem after the launch of the network’s Mumbai upgrade.

“Congratulations to the Tezos community for their major upgrade,” Hoskinson said

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Crypto Community Reacts

Meanwhile, Hoskinson’s congratulatory message to Tezos has prompted reactions from crypto community members. Some expressed shock that Hoskinson congratulated Tezos despite the rivalry between them.

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Other crypto enthusiasts commended Hoskinson for the move.

Tezos Launches Mumbai Upgrade

On March 29, Tezos activated its 13th core protocol upgrade, dubbed Mumbai. The launch of Mumbai introduced the Smart Rollups to the leading blockchain to enhance the network’s transaction speed. According to an announcement, the upgrade will allow the Tezos network to process over one million transactions per second. In addition, Tezos’ Mumbai upgrade also reduced the network’s block time from 30 seconds to 15 seconds. 

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Lele Jima
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

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