EOS Network Foundation Launches Leap 5 to Enhance Blockchain Development
The EOS Network Foundation has introduced Leap 5, a significant upgrade that aims to improve the functionality of blockchain technology. While it doesn’t address all the challenges faced by blockchain developers, Leap 5 is a step in the right direction.
Leap 5: A Major Development for Blockchain Technology
Leap 5, developed by the EOS Network Foundation, is a game-changer for blockchain technology. It enhances features and establishes a solid foundation for future advancements.
TLDR
- Leap 5 is a major upgrade launched by the EOS Network Foundation on January 4th to improve the EOS blockchain.
- It aims to reduce limitations, increase speed, improve efficiency, and expand governance capabilities.
- Two key changes are removing constraints on smart contract inline action size and transaction times to allow more data transfer and computation.
- Leap 5 quadruples the speed of ABI-intensive queries and enables parallel processing for faster read-only transactions.
- It optimizes block creation reliability and provides node operators more customization and control.
- Together this increases flexibility for developers, efficiency of the network, and lays the groundwork for further upgrades like Leap 6.
- Leap 6 will introduce instant finality and other consensus improvements to stay at the forefront of blockchain technology.
- EOS also offers EOS EVM as a bridge between EOS and Ethereum, providing advantages of both ecosystems to developers.
Leap 5 is Here!
Leap 5 was launched on January 4th and has been well-received by the EOS community. It paves the way for efficient and scalable systems within the global EOS ecosystem.
Smashing Constraints
Leap 5 brings two significant changes that redefine constraints on smart contracts. The first change removes limitations on smart contract inline action size, enabling more kilobytes to be transferred. The second change modifies transaction times, allowing transactions to achieve more within their time window.
Boosting Speed
Leap 5 significantly improves the efficiency of ABI-intensive queries and enables parallel processing for read-only transactions. It also optimizes the execution of select smart contracts, reducing execution time.
Big Efficiency Upgrade
Leap 5 introduces streamlined sync and memory-optimized chainbase, making Antelope networks more cost-effective by reducing state memory usage.
Augmenting Governance
Node operators are provided with expanded governance tools, including personalized node settings and improved connections for local usage.
More Features Leap 5 Delivers
Leap 5 relaxes previous restrictions, allowing for larger transactions and extended transaction times. It also improves block creation reliability and provides customizable endpoints for greater network control.
Leap 6 and Beyond
The anticipated Leap 6 consensus update will be released shortly, building upon the foundation laid by Leap 5. These updates aim to maintain the EOS Network’s position as a leader in the blockchain industry.
The EOS Network and EOS EVM
The EOS Network offers a third-generation blockchain platform with low latency and high capacity. It also provides the EOS EVM as a bridge between EOS and Ethereum ecosystems, offering the advantages of both.
EOS Growing With Blockchain
The EOS Network Foundation is driving blockchain technology forward with Leap 5 and Leap 6. As more developers recognize the value of these advancements, EOS is poised for growth in the blockchain sector.
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