• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

EOS Network Advances with Successful Hard Fork and exSat Mainnet Launch

October 24, 2024
in Blockchain
Reading Time: 2min read
0 0
A A
0
EOS Network Foundation Urges Community to Reject $22 Million Block.one Settlement
0
SHARES
15
VIEWS
ShareShareShareShareShare


Luisa Crawford
Oct 24, 2024 17:38

The EOS Network has completed its Spring 1.0 hard fork and launched the exSat mainnet, marking significant milestones in its development. Key updates were discussed during the October Block Producer meeting.





The EOS Network has marked a significant milestone with the successful completion of its Spring 1.0 hard fork, followed by the launch of the exSat mainnet. These developments were the focal points of the recent monthly EOS Block Producer (BP) meeting, attended by prominent network participants, including the EOS Network Foundation (ENF), EOS Labs, and Middleware, according to eosnetwork.com.

Meeting Highlights and Key Discussions

Held on October 16, 2024, the meeting saw participation from 19 Block Producers and 30 attendees in total. Beatrice Wang, Communications Manager for ENF, initiated the meeting, outlining the agenda that included discussions on the hard fork, UTXO synchronization, and the exSat mainnet launch.

Spring 1.0 Hard Fork Achievement

Yves La Rose, CEO of ENF, highlighted the Spring 1.0 hard fork as a crucial upgrade, featuring the new Savanna consensus algorithm. The transition was completed in under 40 minutes, and despite the network facing its heaviest load yet, it maintained stability. The exSat team managed to synchronize 840,000 Bitcoin blocks of UTXO data into RAM within 48 hours, serving as a rigorous test for the network’s new infrastructure.

Launch of exSat Mainnet

The exSat mainnet has successfully launched, synchronizing Bitcoin blocks at a controlled rate. With the initial phase underway, the focus is on increasing the connected Bitcoin hashrate significantly. This launch aims to enhance the network’s capacity and performance.

Greymass Middleware Integration

Aaron Cox from Greymass provided updates on their Metamask integration efforts, which will facilitate managing EOS, EVM, and exSat accounts. The integration audit was completed, and the team is working with Consensys to publish an EOS wallet Snap for Metamask.

Future Developments

Looking ahead, Yves La Rose discussed the Spring 2.0 roadmap, which includes RAM optimizations and the development of a decentralized wallet. Additionally, discussions are ongoing regarding a potential EOS rebrand, with further updates expected in future meetings.

Image source: Shutterstock


Credit: Source link

ShareTweetSendPinShare
Previous Post

Symmetrical Triangle Breakout Predicts Big Gains

Next Post

Crypto Trader Says New BTC All-Time High Incoming, Suggests One Large-Cap Altcoin Could Explode by Up to 223%

Next Post
Crypto Trader Says New BTC All-Time High Incoming, Suggests One Large-Cap Altcoin Could Explode by Up to 223%

Crypto Trader Says New BTC All-Time High Incoming, Suggests One Large-Cap Altcoin Could Explode by Up to 223%

You might also like

Bitcoin Enters Pensions: Millions Of Colombian Workers To Get Access

Bitcoin Enters Pensions: Millions Of Colombian Workers To Get Access

April 28, 2026
Here’s Where It Will Start And End

Here’s Where It Will Start And End

April 28, 2026
SoFi Adds XRP Support, but Lack of Withdrawals Draws User Backlash

SoFi Adds XRP Support, but Lack of Withdrawals Draws User Backlash

April 22, 2026
CGV Leads Expansion in Bitcoin Wallet Sector with UniSat Investment

Prediction Markets Driven by 3.5% of Users, Study Finds

April 27, 2026
AAVE Price Prediction: Testing $240 Breakout with $280 Medium-Term Target Despite Bearish Momentum

AAVE Breakdown Targets $85 Support Before Dead Cat Bounce to $110

April 23, 2026
Ethereum Price Pulls Back To $2,250, Traders Watch For Reaction

Ethereum Price Pulls Back To $2,250, Traders Watch For Reaction

April 29, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Ethereum Price Pulls Back To $2,250, Traders Watch For Reaction

Ethereum Price Pulls Back To $2,250, Traders Watch For Reaction

April 29, 2026
Chainlink Exchange Outflows Hit 970,430 LINK, Largest Of 2026

Chainlink Exchange Outflows Hit 970,430 LINK, Largest Of 2026

April 29, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.