Etherlink Unleashes Calypso Upgrade to Accelerate Tezos L2 Development

• As a result of the launch of Calypso, a number of performance enhancements have been implemented.
• Etherlink has become more stable as a result of the Calypso upgrade, which provides developers who are building decentralized apps with a solid infrastructure.

Developers of decentralized applications have benefited from increased speed, efficiency, and resilience as a result of the successful deployment of the Calypso upgrade on Tezos L2 Etherlink. As a result of the launch of Calypso, a number of performance enhancements have been implemented, and it is now possible to accelerate the process of withdrawing XTZ from Etherlink to Tezos.

A lower disk footprint for operator nodes, improved protection against surges and disruptions, and up to thirty times quicker smart contract storage are the primary enhancements that Calypso presents. Governance has also been strengthened, which has made it simpler for node operators to take part in important protocol decisions.

Etherlink has become more stable as a result of the Calypso upgrade, which provides developers who are building decentralized apps with a solid infrastructure. As a result of the addition of a new entry point, it will also be able to make quick withdrawals between Etherlink and Tezos.

The virtual machine now makes advantage of caching to enhance read/write operations on storage indexes, which ultimately results in quicker execution times for smart contract storage interactions. Due to this, decentralized apps (dApps) that are dependent on a large amount of RPC calls, such as DEXs and other omnichain applications, will see a huge improvement. In addition, Calypso addresses storage efficiency by minimizing the amount of disk space required for total Rollup Nodes. Etherlink is made more resilient as a result of this, which also helps to strengthen network security.

After a few months of success within the Etherlink ecosystem, this upgrade has finally been implemented. An announcement on the Apple Farm rewards program was made in February. Users are able to earn “Apples,” which are native reward points, by engaging with decentralized applications (dapps), utilizing DeFi protocols, and participating in network activities. This feature was designed to function as an incentive for users to participate within the platform. More than 50,000 individuals have already registered for the program.

In order to deliver low latency and confirmation times that are less than one second, Etherlink was designed. By utilizing the two-block finality guarantee that Tezos provides in conjunction with the high-speed execution of Smart Rollups, it guarantees that transactions are confirmed in a timely manner while maintaining their security. To facilitate asset transfers to and from other EVM-compatible chains, Etherlink enables seamless integration with existing Ethereum tools, such as wallets and indexers. This makes it possible for Etherlink to facilitate asset transfers.

Etherlink’s development will go on to the next phase after the successful deployment of Calypso, which establishes the framework for that phase. It establishes a general-purpose mechanism for non-custodial and trustless token bridging, which lays the groundwork for faster XTZ withdrawals and provides a foundation for faster transfer times. In addition to this, it paves the way for future support for FA tokens through the FA bridge, which will make Etherlink a fully interoperable L2 that can host applications that are scalable.

Based on the Tezos Smart Rollups technology, Etherlink is a Layer 2 blockchain that is compatible with the Ethereum Virtual Machine. It grants developers the ability to deploy any EVM codebase without any complications and to migrate users and assets from Ethereum and other interoperable chains. This makes it possible for users and assets to interact and transfer between different networks without any interruptions.