binance-banner.jpg

Block.One Release EOSIO 2.0 Update in Time for Voice Launch

Block.One has released its latest update for EOSIO 2.0 with claims that it makes the the EOS blockchain ‘faster, simpler, and even more secure.’


According to Block.One’s official blog, major changes have been made to the WebAssembly (WASM), on which the EOS smart contracts run. The new ‘EOS VM’ is an upgrade of the existing WASM, and introduces three components, which will improve smart contract execution by up to 16 times.


Block.One Release EOSIO 2.0 Update in Time for VOICE Launch
Block.One Release EOSIO 2 Update

Block.One also claim the EOS VM components are highly customizable, which will give developers the capabilities to implement its various facets in a specific manner suited to their desired functionality, which ultimately offers more options to work with when developing smart contracts.


The new EOS VM also introduces WebAuthn support, which allows users to use a hardware device for authenticating and signing transactions in a browser without the need for any extensions or other software downloads.


Block.One says, ‘WebAuthn is a step towards secure and seamless transaction signing without needing to keep track of private keys or other account information.’


They encourage developers to integrate WebAuthn into their dApps, as it will lead to a seamless and secure logging in experience, much easier than today’s multi-password method.


Block.One Release EOSIO 2.0 Update in Time for VOICE Launch
The EOS update makes the blockchain faster, simpler, and even more secure

The new update also significantly improves in block propagation, with the introduction of multithreading support. Instead of all transactions and block processes being handled by a single thread, the multithreaded processing unit update will now execute multiple threads at the same time, easing up transaction congestion and block production.


In the article, Block.One say, ‘By isolating these processes we have seen significant improvements in transaction processing and block processing performance on multi-producer EOSIO networks.’


Further updates include Weighted Threshold Multi-Signature Block Production. Block producers failing to sign and produce blocks has been one of the main deficiencies of the EOS blockchain as it hinders the throughput and security of the blockchain.


With this update, other block producers will now be ale to back up their peers in a secure manner, which will increase throughput and security.


Block.One Release EOSIO 2.0 Update in Time for VOICE Launch
Voice will allow users to earn VOICE tokens for their content

This is yet another update by Block.One, who are regularly the most active blockchain developers on GitHub, and it all falls in place for the launch of their social platform, Voice, in February.


Voice is expected to be a similar platform to Twitter, but users will be paid out in VOICE tokens for the popularity of their content, which will be determined by the amount of likes and interaction it gets. And as a user earns VOICE they will be able to invest or stake their tokens to promote their content, which will be more visible on other users pages.


It remains to be seen whether Voice will be a success, but it’s a step in the direction of mass adoption. Is a social media platform too soon for a blockchain handle? We’ll only know after they launch, but with this latest update, and the regularity of their updates, I have confidence EOS will pull it off, even if there are a few teething problems along the way.



Contact the author:

#EOS #BlockOne #VOICE