EOS Developer Block.One Launches EOSIO 2.0 With Smarter Contracts And Enhanced Security


Block.one, one of the EOS developers, has announced the launch of EOSIO 2.0. According to the press release, this is a new version of the famous smart contract protocol that was used by the company to host dapps and to use its delegated proof of stake system.

The company affirms that the new version of the program comes with several new improvements. For instance, it has a new WebAssembly engine that was created especially to enable the resources to be used in a much more efficient way as smart contracts are processed.

According to the company, the newly upgraded platform offers a performance that is around 16 times better than EOSIO 1.0. This, Block.one affirmed, can greatly change how useful smart contracts are.

Another important improvement that this version will have is the adoption of a new authentication standard called WebAuthn. It will allow the system to use a hardware device to sign and authenticate transactions via browser without needing any EOSIO apps. This, it is believed, will improve the security of the users.

The last improvement is that the developers created a new system that can securely sign blocks using a permission layer that will allow this without sharing any kind of sensible data.

Security is an important aspect in the EOS network, as recently a hacker stole over $110,000 USD from EOSPlay, an EOS gambling app.

Some new tools for developers were released together with this update. They include the EOSIO Quickstart Web IDE, which is currently in Alpha testing phase, a software developed to decrease the complexity of creating apps.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide