Block.one Releases EOSIO 1.6.0, Transaction Processing Speeds Could Increase up to 35%

Update also projected to make powering network applications less expensive

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Block.one, a global leader in high-performance blockchain software and publisher of the pioneering EOSIO blockchain software code, is pleased to announce the latest update to the code, which will allow for much greater speeds across the network than previously seen.

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In internal testing, findings have shown that EOSIO 1.6 has the possibilities to achieve great increases in performance, including an up to a 35% increase in transaction processing speeds. Current maximum speeds recorded on the blockchain are at 3996 transactions per second – among the fastest on any public blockchain.

The update also includes new projections that EOSIO will enable reduction in CPU costs and decreased latency, which will make it even less expensive to run applications on the software and increase their responsiveness.

the EOSIO software represents a major step forward for the blockchain industry: The underlying structure of the code allows for no-fee transactions. 

“Our aim is to drive mass adoption of blockchain. As part of the community that continues to work on the EOSIO software and its corresponding advancements, we hope to play a leading role in the next generation of blockchains through our deep engineering talent and our dedication to a future of global commerce and communications based on blockchain, ” said Block.one CEO Brendan Blumer.

“This software update clearly shows the expanding capability of EOSIO and its growing ability to process a substantial volume of transactions,” added Block.one Chief Technology Officer Dan Larimer.

Since the EOSIO public blockchain was launched in June 2018, it has seen high levels of adoption and performance, as evidenced by the ever-growing number of applications being built on it.

Wieke Beenen

About Wieke Beenen

Writing has always been the red thread in my life. In the early 90's I attended the Journalism program at the School for Journalism in Utrecht and later the History and Journalism program at the RUG in Groningen. I spent a number of years working in the Caribbean boating industry as a first mate on several charter boats as well as in the island media writing about culture, flora and fauna. After moving back to the Netherlands I started my own translation business in 2005. After a short detour teaching kids English at several high schools, I'm now back doing what I like best, writing and editing content for Blockchain News.

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