On-Chain Blockchain Update About to Commence for Tezos (XTZ) Called Athens A

The upcoming update for Tezos has been hotly debated for months, even undergoing three months of voting as token holders determine how to make it happen. Now, the Athens A proposal is finally ready to commence creating changes that are completely backwards incompatible to the network. The implementation is scheduled for Wednesday, May 29th. This is the first proposal for upgrade that has ever gone through the new "self-amendment" process implemented by Tezos. This process allows bakers on the blockchain – which hold the same role as miners with Bitcoin or Ethereum – to stake their tokens in support of upgrade proposals. They are allowed to use the same staking method to go against an upgrade proposal as well. Presently, the proof-of-stake (PoS) blockchain has an estimated value of over $1 billion. Nomadic Labs, a developer group within the platform, initiated the on-chain process in February. When the process began, the project was still in its early days, making big news with this