Savanna

Jungle

Spring

Foundation

The EOS Network Foundation has launched Spring 1.0 on its Jungle testnet, featuring the new Savanna consensus algorithm. This upgrade promises to increase EOS transaction performance by over 100 times compared to previous versions, offering immediate finality for transactions.&nbsp; 
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 Antelope Spring Beta-1 is live on testnet 🥳 This is a major advancement from its predecessor, Antelope Leap 5 &amp; is the first of several key milestones with the final release scheduled for July 10 &amp; the hard fork planned for July 31 🚀 Learn More 👇 <a href="https://t.co/t845gE3fqR" target="_blank">https://t.co/t845gE3fqR</a> <a href="https://t.co/jFzk9WCIK2" target="_blank">pic.twitter.com/jFzk9WCIK2</a>— EOS Network Foundation (@EOSNetworkFDN) <a href="https://twitter.com/EOSNetworkFDN/status/1793268599357870293?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">May 22, 2024</a>
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Spring 1. 0 brings new features designed to improve the security and privacy aspects of the EOS blockchain. The group’s BLS signature allows for the verification of transactions in a very short time taking milliseconds. However, the upgrade <a href="https://eosnetwork.com/blog/spring-beta-1-live-on-testnet/" target="_blank" rel="noopener">introduces</a> a customary Block Producer position into Block Proposers and Block Finalizers. This aims to decentralize network governance and improve efficiency by separating the creation of transactions from the confirmation of blocks. 
The EOS Network anticipates a transition to the Spring 1.0-enabled mainnet by the end of July 2024, with a hard fork scheduled for July 31st. This transition period will ensure that all nodes are upgraded to accommodate the new features and improvements offered by Spring 1.0. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also read: <a href="https://www.cryptotimes.io/2023/03/20/eos-network-launches-20m-fund-to-support-dapps-and-gamefi-projects-on-evm/">EOS Network Launches $20M Fund to Support dApps and GameFi Projects on EVM</a> 
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EOS Network Launches Spring 1.0 with Savanna Consensus

The Crypto Times

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