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news-imageSeptember 25, 2024

EOS Network Foundation Announces 1-Second Transaction Finality with Spring 1.0 Hard Fork

TL;DR EOS Network has successfully launched its Spring 1.0 update, introducing the Savanna consensus algorithm and reducing the transaction finality time to just one second. The transition to Spring 1.0 was made possible thanks to the collaboration of block producers and extensive beta testing.
Publisher: Crypto Economy
Sentiment: Positive
EOS

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Positive
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September 23, 2024

EOS set for strong recovery with Spring 1.0 hardfork, eyes 95% surge

EOS has maintained bullish movements after block producers approved the Spring 1.0 hardfork, scheduled for 25 September execution. The upgrade will modernize the blockchain with a new consensus mechanism and migration from web2 to web3. Further, the EOS platform will experience enhanced scalability, network security, efficient governance, and instant transaction finality.

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July 30, 2024

EOS price stabilizes after launch of $250 million staking program

On July 8, 2024, the EOS Network introduced a transformative $250 million staking program aimed at enhancing its tokenomics and solidifying its competitive edge. The launch of this ambitious initiative has generated significant market interest, leading to a notable price surge for EOS before stabilizing at around $0.58.

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