|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
EOS Network Announces Successful Completion of Landmark Upgrade to Spring 1.0
Sep 26, 2024 at 12:06 am
This upgrade has introduced the Savanna consensus algorithm, marking a new era in performance, reliability and speed on the network.

The EOS Network has announced the successful completion of its Spring 1.0 upgrade, introducing the Savanna consensus algorithm and achieving 1-second transaction finality. This marks a significant improvement over previous iterations, enhancing performance, reliability, and speed on the network.
The upgrade was made possible by the collective efforts of EOS's global decentralized community, whose shared vision and dedication drove this critical development.
“With the Spring 1.0 upgrade and the introduction of the Savanna consensus algorithm, we're achieving something rare in the blockchain world: changing our core consensus algorithm,” said Bart Wyatt, CTO of the EOS Network Foundation. “Very few Layer 1 blockchains have ever done this. I can think of only a handful—Ethereum being the most well known. In doing so, we're standing on hallowed ground. By bringing EOS to an industry-leading 1-second finality, we've taken a massive leap forward, placing EOS at the forefront of blockchain innovation. This isn't just a technical achievement—it's about the EOS community taking full ownership.”
As part of the non-contentious upgrade path, EOS Network smoothly transitioned to Antelope Spring 1.0. This process involved extensive beta testing and a distributed activation carried out by global block producers (BPs), showcasing the collaborative spirit within the EOS community.
The introduction of the Savanna consensus algorithm marks a革命 in blockchain efficiency. By integrating advanced cryptographic techniques like aggregate BLS signatures, Savanna ensures rapid, irreversible transactions, boosting both network security and scalability. This opens up new possibilities for diverse use cases across the blockchain industry.
“Spring 1.0 brings the Savanna consensus algorithm with 1-second Instant Finality to the blockchain industry, thanks to the bleeding-edge BLS cryptographic advancements,” said Yves La Rose, CEO of the EOS Network Foundation. “This upgrade offers transaction speed, reliability, and security that are unmatched, setting the stage for next-generation decentralized applications to thrive. Achieving this involved internal teams and external partners, showcasing EOS as one of the most technically advanced platforms out there.
As we move into this transformative phase with Spring 1.0, we open up new avenues for growth and adoption within the ecosystem. This significant leap in technology unlocks a vast array of new use cases, ultimately enhancing the EOS ecosystem.
Follow EOS Network on Twitter or Telegram to stay up to date with the latest enhancements, updates and upgrades to the network.
About EOS Network Foundation
The EOS Network Foundation (ENF) is building the foundation for a prosperous and decentralized future through its key stakeholder engagement, community programs, ecosystem funding, and support of an open technology ecosystem. Founded in 2021, the ENF serves as the hub for EOS Network, a leading open source platform with a suite of stable frameworks, tools, and libraries for blockchain deployments. Together, they are enabling the innovations that our community builds and are forging a stronger future for all.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
-
- Securitize Stock Soars on StoneX Target Hike and Innovative Platform Launch
- Oct 13, 2026 at 07:55 am
- Securitize's new tokenized stock platform, Securitize Stocks, has propelled its shares and led StoneX to significantly raise its price target, signaling a new era for digital assets in traditional markets.
-
- Bitcoin, CPI Week, and Pepeto: Navigating Market Volatility for Potential Gains
- Oct 13, 2026 at 04:05 am
- As CPI week approaches, the crypto market holds its breath. Bitcoin hovers near key resistance levels, while the innovative Pepeto presale offers a different path to potential returns, attracting early adopters seeking significant growth.
-
- Kaspa Founder, Kaspa Community, Growing Criticism: The Silent Scientist vs. The Roaring Crowd
- Oct 13, 2026 at 04:05 am
- Amidst rising criticism, Kaspa founder Yonatan Sompolinsky's silence is viewed by supporters as a strategic strength, drawing more attention to the project and its robust technical foundations.
-
- Uniswap's Unichain Embraces OP Enterprise for a Supercharged Future in Interoperability
- Oct 13, 2026 at 04:05 am
- Uniswap's Unichain is making a strategic move to OP Enterprise, aiming for native interoperability within the Optimism Superchain, with key migration dates set for October 2026. This upgrade signals a future of seamless cross-chain asset flows and enhanced developer opportunities.
-
- Hardware Wallets & Crypto Security: Navigating the Shifting Sands of Digital Custody in NYC
- Oct 13, 2026 at 03:59 am
- Recent hardware wallet compromises, particularly the Ledger incident, have ignited a crucial debate in the crypto world: are self-custody devices truly safer than exchange-traded funds (ETFs)? This news release delves into the evolving landscape of crypto security, supply chain vulnerabilities, and the ongoing quest for robust digital asset protection, all with a nod to the savvy New Yorker.
-
-
- DeepSeek Invests Big in Robot Brains with Ex-Tencent Scientist's Startup
- Oct 13, 2026 at 03:55 am
- DeepSeek is leading a seed round for Winverse AI, a robotics startup founded by an ex-Tencent scientist, signaling a major push into real-world AI applications and a competitive move in the robotics space.
































