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EOS Network Advances with Successful Hard Fork and exSat Mainnet Launch

October 24, 2024
in Blockchain
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Luisa Crawford
Oct 24, 2024 17:38

The EOS Community has accomplished its Spring 1.0 exhausting fork and launched the exSat mainnet, marking vital milestones in its improvement. Key updates had been mentioned in the course of the October Block Producer assembly.



EOS Network Advances with Successful Hard Fork and exSat Mainnet Launch

The EOS Community has marked a major milestone with the profitable completion of its Spring 1.0 exhausting fork, adopted by the launch of the exSat mainnet. These developments had been the focal factors of the current month-to-month EOS Block Producer (BP) assembly, attended by outstanding community members, together with the EOS Community Basis (ENF), EOS Labs, and Middleware, based on eosnetwork.com.

Assembly Highlights and Key Discussions

Held on October 16, 2024, the assembly noticed participation from 19 Block Producers and 30 attendees in whole. Beatrice Wang, Communications Supervisor for ENF, initiated the assembly, outlining the agenda that included discussions on the exhausting fork, UTXO synchronization, and the exSat mainnet launch.

Spring 1.0 Arduous Fork Achievement

Yves La Rose, CEO of ENF, highlighted the Spring 1.0 exhausting fork as a vital improve, that includes the brand new Savanna consensus algorithm. The transition was accomplished in below 40 minutes, and regardless of the community dealing with its heaviest load but, it maintained stability. The exSat group managed to synchronize 840,000 Bitcoin blocks of UTXO information into RAM inside 48 hours, serving as a rigorous take a look at for the community’s new infrastructure.

Launch of exSat Mainnet

The exSat mainnet has efficiently launched, synchronizing Bitcoin blocks at a managed fee. With the preliminary section underway, the main focus is on rising the linked Bitcoin hashrate considerably. This launch goals to reinforce the community’s capability and efficiency.

Greymass Middleware Integration

Aaron Cox from Greymass supplied updates on their Metamask integration efforts, which can facilitate managing EOS, EVM, and exSat accounts. The combination audit was accomplished, and the group is working with Consensys to publish an EOS pockets Snap for Metamask.

Future Developments

Trying forward, Yves La Rose mentioned the Spring 2.0 roadmap, which incorporates RAM optimizations and the event of a decentralized pockets. Moreover, discussions are ongoing relating to a possible EOS rebrand, with additional updates anticipated in future conferences.

Picture supply: Shutterstock

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Tags: AdvancesAIBlockchaincryptoEOSexSatForkHardlaunchMainnetNetworkNewsSuccessful
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