EOS Network to Undergo Spring 1.0 Upgrade This Week
CryptoNewsTerminal Staff03 Sep, 2024
EOS Network to Undergo Spring 1.0 Upgrade This Week
The EOS Network Foundation (ENF) has announced that the Spring 1.0 upgrade is scheduled to occur sometime this week. This upgrade will include the implementation of the new Savanna consensus algorithm, which is expected to improve network speed and efficiency by an order of magnitude. No specific date has been given for the upgrade, but it is expected to happen soon. The ENF will provide more information as it becomes available. The Spring 1.0 upgrade is a major milestone for the EOS network. It will mark the first major upgrade to the network since its launch in 2018. The upgrade is expected to improve the network's performance and scalability, and it will also add new features and functionality. EOS is a blockchain platform that is designed to support decentralized applications (dApps). It is one of the most popular blockchain platforms in the world, and it is used by a variety of dApps, including social media platforms, games, and financial applications. The Spring 1.0 upgrade is expected to make EOS even more attractive to dApp developers. The upgrade will improve the network's performance and scalability, and it will also add new features and functionality that will make it easier to develop and deploy dApps on EOS.
