EOS Network Introduces Spring 1.0 Update

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. Introduction to Spring 1.0
  2. Benefits of the Update
  3. About the EOS Network Foundation


    4. The EOS Network has successfully launched its Spring 1.0 update, introducing the Savanna consensus algorithm and reducing the blockchain’s transaction finality time 100-fold to just one second.

    Introduction to Spring 1.0

    With the Spring 1.0 upgrade and the introduction of the Savanna consensus algorithm, EOS Network is achieving something rare in the blockchain world: changing their core consensus algorithm. Very few Layer 1 blockchains have ever done this. As Bryan Wyatt, the CTO of the EOS Network Foundation, stated, "I can think of only a handful—Ethereum being the most well known."

    Benefits of the Update

    EOS’s transition to the Spring 1.0 protocol was executed smoothly, thanks to collaborative efforts from its global network of block producers and extensive beta testing. The Savanna consensus is enabled through various cutting-edge cryptographic techniques, including aggregate Boneh-Lynn-Shacham (BLS) signatures, enhancing the overall security and scalability of the EOS Network. This upgrade opens up numerous possibilities for decentralized applications (dApps). Yves La Rose, CEO of the EOS Network Foundation, emphasized the strategic importance of the Spring 1.0 upgrade, noting that it provides unmatched transaction speed, reliability, and security.

    About the EOS Network Foundation

    The EOS Network Foundation (ENF) was established in 2021, leading the charge in transforming Web3 through community engagement, ecosystem funding, and the development of open-source blockchain technology. As the central hub for EOS, ENF supports an ever-evolving suite of frameworks, tools, and libraries for blockchain development, empowering the global community to innovate and build a decentralized future.

    With the Spring 1.0 update, EOS Network continues to pave the way for community-driven innovation, offering a faster and more secure network.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

French Investors Increase Stablecoin Self-Custody

In France, stablecoin balances held in personal wallets surged by 192% from July 2025 to June 2026, indicating a growing trend towards self-custody among French crypto users influenced by fiscal pressures and political uncertainty.

user avatarLeo van der Veen

Stablecoin Holdings Surge in Western Europe

Stablecoin holdings in personal wallets across Western Europe surged by 131% between July 2025 and June 2026, significantly outpacing the global growth rate.

user avatarLi Weicheng

AI Agent Successfully Bypasses CAPTCHA Tests, Exposing Weaknesses

AI agent named Gary successfully bypassed CAPTCHA tests on over 50 Discord servers, revealing vulnerabilities in traditional verification methods.

user avatarAisha Farooq

Solo's Human Verification SDK Now Powers JellyJelly

Solo's human verification SDK is now integrated into JellyJelly, ensuring each account belongs to a real person without the need for government IDs.

user avatarTenzin Dorje

Payward Reports Recovery Signs Amid Annual Revenue Decline

Payward reports signs of recovery in Q3 despite annual revenue decline, with a 12% increase in platform margin attributed to improved trading activity and expanded client services.

user avatarElias Mukuru

Payward's Financial Services Expansion Mitigates Trading Revenue Losses

Payward has expanded its financial services operations to mitigate losses from declining trading revenue, now accounting for 52% of its total platform margin.

user avatarMohamed Farouk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.