• 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
12
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 Nears Two-Year ‘Make-or-Break’ Resistance: What’s Next?

Bitcoin Nears Two-Year ‘Make-or-Break’ Resistance: What’s Next?

March 5, 2026
Bitcoin Liquidity Set To Expand With Morgan Stanley BTC ETF Option

Bitcoin Liquidity Set To Expand With Morgan Stanley BTC ETF Option

March 5, 2026
Bitcoin Price Breakdown Risk Grows As Bears Aim For $85K

Bitcoin Price Sinks Below $68K, Downside Targets Come Into Focus

March 9, 2026
Bitcoin At The Bottom? The 23-Month Cycle That Has Never Failed

Bitcoin At The Bottom? The 23-Month Cycle That Has Never Failed

March 9, 2026
Kalshi Faces Class Action Lawsuit Over Khamenei Prediction Market Payout

Kalshi Faces Class Action Lawsuit Over Khamenei Prediction Market Payout

March 7, 2026
Anthropic Launches Claude 3.5 Sonnet Android App with Advanced AI Features

Anthropic AI Discovers 22 Firefox Vulnerabilities in Two Weeks

March 6, 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!

Bitcoin Candlestick Structure That Led To Crash To Below $20,000 Last Cycle Just Appeared Again

Bitcoin Candlestick Structure That Led To Crash To Below $20,000 Last Cycle Just Appeared Again

March 10, 2026
Bitcoin Short Bets Surge—Will Bears Get Squeezed?

Bitcoin Short Bets Surge—Will Bears Get Squeezed?

March 10, 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.