From f1124240d7c33aa998161ccfb9935436c6243d1f Mon Sep 17 00:00:00 2001 From: Tim McMackin Date: Mon, 13 Jan 2025 13:46:45 -0500 Subject: [PATCH] Main changes in Quebec --- docs/architecture/governance/amendment-history.md | 12 ++++++++++++ 1 file changed, 12 insertions(+) diff --git a/docs/architecture/governance/amendment-history.md b/docs/architecture/governance/amendment-history.md index 5a680297a..3e09fd377 100644 --- a/docs/architecture/governance/amendment-history.md +++ b/docs/architecture/governance/amendment-history.md @@ -237,3 +237,15 @@ It enables Tezos Layer 1 to attest the publication of data living outside Layer * [Further proof-of-stake refinements](https://research-development.nomadic-labs.com/paris-announcement.html#further-proof-of-stake-refinements): Simplified computation and faster updates of consensus rights. For more information, see the blog post from [Nomadic Labs](https://research-development.nomadic-labs.com/paris-announcement.html) and the [reference documentation](https://tezos.gitlab.io/protocols/019_paris.html). + +## [Quebec](https://tezos.gitlab.io/protocols/021_quebec.html) (PsQuebec) + +*Quebec* was autonomously activated on 20 January 2025. + +Quebec's main changes are: + +* [8-second block time](https://research-development.nomadic-labs.com/quebec-announcement.html#8-second-block-times-quebec-a-and-quebec-b): Lower latency and faster finality on layer 1 without compromising decentralization or security. +* [Adaptive maximum issuance bound](https://research-development.nomadic-labs.com/quebec-announcement.html#adaptive-maximum-issuance-bound-quebec-a-and-quebec-b): Adjusts staking rewards dynamically to encourage a target ratio of staked tez to liquid tez of 50%. +* [9x limit for external stake](https://forum.tezosagora.org/t/announcing-quebec-tezos-17th-protocol-upgrade-proposal/6418#p-12318-h-9x-limit-for-external-stake-1): Allows bakers to accept staked tez up to 9 times their own staked balance, up from 5 times in Paris. +* [Amending the computation of minimal delegated balances](https://research-development.nomadic-labs.com/quebec-announcement.html#amending-the-computation-of-minimal-delegated-balances-quebec-a-and-quebec-b): Changes how a baker's minimal delegated balance is calculated; now it is calculated only after all operations in a block have been applied. +* [Reducing the weight of delegated funds toward baking power](https://research-development.nomadic-labs.com/quebec-announcement.html#reducing-the-weight-of-delegated-funds-towards-baking-power-quebec-b-only): Reduces the weight of delegated funds toward the computation of baking power from half to one-third.