Experience Lightning-Fast Transactions with Meter Blockchain’s HotStuff 2.0 Upgrade
Meter, a decentralized blockchain platform based in Palo Alto, California, has announced a significant consensus upgrade to the HotStuff 2.0 protocol. This cutting-edge protocol represents the latest evolution in Byzantine Fault Tolerance (BFT) protocols, offering enhanced performance and resilience against attacks and network challenges.
The HotStuff 2.0 upgrade brings exceptional efficiency to Meter’s decentralized high-performance EVM blockchain. It reduces finality latency and transaction confirmation times, resulting in lightning-fast interactions similar to Ethereum layer two rollups like Arbitrum.
In addition to speed improvements, Meter mainnet now boasts faster node synchronization speeds through network and database optimizations. This upgrade solidifies its position as one of the fastest and highest-throughput decentralized EVM blockchains in the industry.
HotStuff 2.0: Revolutionizing Consensus Protocols
A consensus protocol is crucial in blockchain systems as it ensures all participants in a decentralized network reach a common agreement on transaction validity and order. Meter chose HotStuff as its foundational consensus protocol, aligning with its vision of creating sound money independent of the fiat system.
Meter mainnet, launched in July 2020, became the industry’s first fully decentralized HotStuff public network supporting the Ethereum virtual machine (EVM). With the successful upgrade to HotStuff 2.0 on December 1, 2023, Meter achieved a notable 50% reduction in transaction confirmation time compared to its previous version.
Achieving Unparalleled Trading Experience
The Meter team aims to surpass traditional networks and provide users with faster, safer, and more decentralized trading experiences. They express gratitude for the support of the Meter community and remain dedicated to innovation and delivering extraordinary decentralized experiences.
For more information about Meter and its upgrades, visit their website.
About Meter
Meter is a decentralized blockchain platform that aims to realize Satoshi’s original vision of creating sound money independent of the fiat system. Launched in July 2020, Meter mainnet is the industry’s first fully decentralized HotStuff 2.0 public network, supporting the EVM and providing users with an unparalleled trading experience.
Stay updated on the latest developments from Meter by following them on Twitter, joining their Telegram group, and subscribing to their Medium blog.
Hot Take: Meter Blockchain Enhances Speed and Efficiency with HotStuff 2.0 Upgrade
Meter Blockchain’s recent upgrade to the HotStuff 2.0 protocol marks a significant milestone in enhancing the speed and efficiency of its decentralized EVM blockchain. With lightning-fast transaction confirmation times and improved node synchronization speeds, Meter solidifies its position as one of the industry’s fastest and highest-throughput blockchains.
The HotStuff 2.0 upgrade not only brings speed improvements but also emphasizes Meter’s commitment to providing users with a secure and censorship-resistant decentralized trading experience. By embracing innovative technologies, Meter continues to surpass traditional networks and deliver exceptional trading experiences beyond expectations.
Daisy Hodley emerges as a luminary blending the roles of crypto analyst, devoted researcher, and editorial virtuoso into a harmonious symphony. In the realm of digital currencies, Daisy’s insights resonate with an exquisite resonance across a diverse spectrum of minds. Her adeptness in decoding intricate threads of crypto complexities seamlessly intertwines with her editorial finesse, translating intricacy into a captivating melody of understanding. A guiding star for both intrepid explorers and curious novices venturing into the crypto realm, Daisy’s insights form a compass for discerning decision-making amidst the ever-shifting currents of cryptocurrencies. With the touch of a literary artist, they craft a narrative that enriches the evolving mosaic of the crypto landscape.