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The EOS network has now completed its upgrade, and the final confirmation time for transactions has been reduced to 1 second.
BlockBeats News, on September 25th, the EOS network announced the successful completion of its landmark upgrade, launching Spring 1.0. This upgrade introduces the Savanna ConsensusAlgorithm, marking a new era for the network in terms of performance, reliability, and speed. By reducing the final confirmation time of transactions to 1 second, EOS has achieved over 100 times improvement. The rapid progress in speed, security, and scalability lays the foundation for future encryption breakthroughs. The revolutionary Savanna ConsensusAlgorithm significantly improves the efficiency of the Blockchain. By integrating advanced encryption technologies such as aggregated BLS signatures, Savanna ensures fast and irreversible transactions, enhances network security and scalability, and unlocks new use cases in the Blockchain industry.