EOS Launches New EOSIO 1.6v Upgrade with 35% Increased Transaction Speeds


The 5th biggest crypto by market cap, EOS recently announced that they are releasing version 1.6.0 that will bring a row of advancements including a higher speed of the blockchain transactions.

The new version of EOS makes it one of the fastest platforms in the ecosystem as it has increased the transaction speeds of over 35% and even improved on CPU costs and lower latency.

These updates should enhance the performance of the peer-to-peer networking layer and real-time transaction throughput which would eventually improve overall transaction speed. This benchmark factors examining the EOSIO software on a private network.

EOSIO.CDT V1.5.0

EOSIO Contract Development Toolkit is intended to ensure more streamlined and efficient development on EOSIO when compiling smart contracts and generating ABI files. This produces a fundamental template and structure for smart contract development.

The announcement reads:

“EOSIO.CDT is designed to provide added support for Gnu & C++ 11 style and should create a more reliable way of declaring your smart contract structure and associated data structures when building an application.”

Final Take

EOS is really good at staying under the radar. While other top chains make a big deal about their upgrades and launches, EOS barely made any public statements. Although people seem to be happy with the upgrade with one of the user saying that EOS is faster at issuing mitigation an updates compared to Ethereum.

With a market cap of $2.15 Billion, EOS is closing in to be the 4th biggest player in the market. BCHABC, which is currently at the 4th position, is only $20 million ahead of it. With well-received upgrades like this, EOS is bound to make their hold in the crypto ecosystem even stronger.

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