The EOS Network has marked substantial growth in its journey with the triumphant accomplishment of its Spring 1.0 hard fork and the initiation of the exSat mainnet.
This vital progress served as the primary focus during the recent EOS Block Producer gathering in October, with prominent network members such as the EOS Network Foundation (ENF), EOS Labs, and Middleware in attendance.
Insights from the Meeting and Noteworthy Progress
The gathering, which took place on October 16, 2024, was kicked off by the Communications Manager for ENF, Beatrice Wang. The discourses were centered around subjects including the hard fork, UTXO synchronization, and the inauguration of the exSat mainnet. ENF CEO, Yves La Rose, recognized the Spring 1.0 hard fork as a major upgrade that introduces the new Savanna consensus algorithm. The network successfully handled its highest load to date, managed to carry out the upgrade in under 40 minutes, maintaining constancy of the network throughout.
In the same time span, the exSat team accomplished the integration of 840,000 Bitcoin blocks of UTXO data into RAM within two days. The application of this integration put the new EOS network infrastructure to a stringent test.
Further, the exSat mainnet was successfully launched to synchronize Bitcoin blocks at a managed pace. The primary target of the initial phase was to expedite the connected Bitcoin hashrate to bolster the network’s capacity and performance.
Incorporations and Prospective Enhancements
Aaron Cox, a representative from Greymass, provided updates on their ongoing efforts to coordinate with Metamask to simplify EOS, EVM, and exSat account management. The audit for integration was successfully completed and they are presently working with Consensys to introduce an EOS wallet Snap for Metamask.
With a forward-looking perspective, Yves La Rose elaborated on the initiatives envisaged in the Spring 2.0 roadmap. These include optimizing RAM and devising a decentralized wallet. Discussions also took place about a prospective rebranding of EOS, with more news expected to be announced in the forthcoming meetings. The focus of the article remains on articulating the strides made by the EOS Network, namely, the successful completion of the Spring 1.0 hard fork and the inauguration of the exSat mainnet. It further talks about the hard fork, a critical event in the EOS network’s timeline that has the potential to significantly affect the network’s technology and the larger blockchain ecosystem.
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