Subscribe to Our Newsletter
Tuesday May 24, 2022
Bitcoin (BTC) $29,253.00   Ether (ETH) $1,964.99
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
No Result
View All Result
Swap USDT (TRC20) Instantly
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
Changelly
CryptoNinjas
Home Vendor Technology

Block.one releases EOSIO 1.6.0, sees potential 35% increase in transaction speeds

Published by CryptoNinjas.net
01/24/2019
Block.one releases EOSIO 1.6.0, sees potential 35% increase in transaction speeds

Block.one, publisher of the EOSIO blockchain software code, announced today the latest update to the code, which will allow for much greater speeds across the network than previously seen.

In internal testing, EOSIO 1.6, has the potential to greatly increase performance, including an up to a 35% increase in transaction processing speeds. Current maximum speeds recorded on the blockchain are at 3996 transactions per second.

The update also includes new projections that EOSIO will enable a reduction in CPU costs and decreased latency, which will make it even less expensive to run applications on the software and increase their responsiveness.

“Our aim is to drive mass adoption of blockchain. As part of the community that continues to work on the EOSIO software and its corresponding advancements, we hope to play a leading role in the next generation of blockchains through our deep engineering talent and our dedication to a future of global commerce and communications based on blockchain,” said Block.one CEO Brendan Blumer.

“This software update clearly shows the expanding capability of EOSIO and its growing ability to process a substantial volume of transactions,” added Block.one Chief Technology Officer Dan Larimer.

Since the EOSIO public blockchain was launched in June 2018, it has seen high levels of adoption and performance, as evidenced by the ever-growing number of applications being built on it.

17
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Block.one and partners raise $10B to launch EOS-based crypto exchange: Bullish Global

05/11/2021
Block.one and partners raise $10B to launch EOS-based crypto exchange: Bullish Global

Block.one, the company behind the EOSIO open-source blockchain software, announced today the formation of a newly formed subsidiary, Bullish Global. Operating as an independent entity under the Block.one parent company, Bullish Global plans to...

Read more

DAO platform Dao Bull named winner of the EOSIO Beyond Blockchain Hackathon

04/29/2021
DAO platform Dao Bull named winner of the EOSIO Beyond Blockchain Hackathon

Block.one, a software firm specializing in high-performance blockchain technologies & EOSIO developer, today announced that Dao Bull has been named the winner of the EOSIO Beyond Blockchain Hackathon. This hackathon challenged participants to develop...

Read more

EOSIO developer testnet environment launches

01/15/2020
EOSIO launches developer testnet environment

EOSIO, a next-generation, open-source blockchain protocol, today announced the launch of the EOSIO testnet, simplifying how users develop, debug, and deploy EOSIO smart contracts for applications. The EOSIO testnet is a public-facing testing network...

Read more

Decentralized autonomous racing game Horseman GO deployed on EOS

01/09/2020
Horseman GO decentralized autonomous racing game deployed on EOS

Cogito, a blockchain gaming studio, today announced the official launch of the decentralized autonomous game (DAG), Horseman GO. An end-to-end virtual horse racing game, players will be responsible for constructing their own ranches in...

Read more
Load More

Discussion about this post

Where to Exchange

Crypto services suite in Spanish Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
America's first regulated bitcoin exchange Visit
  • Trending
  • Latest
Kiln completes $5 million funding round to grow blockchain staking platform

Kiln completes $5 million funding round to grow blockchain staking platform

05/19/2022
Volume on BitMEX Spot Exchange surpasses $10M in 24 hours since launch

Volume on BitMEX Spot Exchange surpasses $10M in 24 hours since launch

05/19/2022
Crypto transaction monitoring platform Merkle Science adds support for 1,200+ ERC-20 tokens

Crypto transaction monitoring platform Merkle Science adds support for 1200+ ERC20 tokens

05/20/2022
Oracle network for Algorand blockchain Algoracle closed $1․5M seed round

Decentralized oracle network for Algorand blockchain Algoracle closes $1․5M seed round

05/18/2022
Legion Network launches app with crypto wallet, NFTs, play2earn, watch2earn, launchpads, rewards and more

Legion Network launches app with crypto wallet, NFTs, play2earn, watch2earn, launchpads, rewards and more

05/24/2022
Decred blockchain introduces new cross-chain, SPV-based wallet: GoDCR

Decred blockchain introduces new cross-chain, SPV-based wallet: GoDCR

05/23/2022
TRON network integrated with blockchain infrastructure provider Ankr

TRON network integrated with blockchain infrastructure provider Ankr

05/23/2022
Crypto transaction monitoring platform Merkle Science adds support for 1,200+ ERC-20 tokens

Crypto transaction monitoring platform Merkle Science adds support for 1200+ ERC20 tokens

05/20/2022
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

Go to mobile version