BlockBeats news, on September 25, the EOS network announced the successful completion of its landmark upgrade, the launch of Spring 1.0. This upgrade introduced the Savanna consensus algorithm, marking a new era in network performance, reliability, and speed. By reducing the final confirmation time of transactions to 1 second, EOS has achieved more than 100 times improvement. Rapid advances in speed, security, and scalability lay the foundation for future cryptographic breakthroughs.
The Savanna consensus algorithm revolutionizes the efficiency of blockchain. By integrating advanced cryptographic techniques such as aggregated BLS signatures, Savanna ensures fast, irreversible transactions, improves the security and scalability of the network, and unlocks new use cases in the blockchain industry.