This upgrade introduces the Savanna consensus algorithm, marking the beginning of a new era in network performance, reliability, and speed.

On September 25, 2024, the EOS network announced the successful completion of the milestone Spring 1.0 upgrade. This upgrade introduces the Savanna consensus algorithm, signaling a new era in network performance, reliability, and speed. By increasing the transaction finality time to 1 second, EOS has achieved over 100 times improvement compared to previous iterations. The rapid progress in speed, security, and scalability lays the foundation for future breakthroughs in the crypto industry.

This upgrade reflects the shared vision and dedication of the global decentralized community of EOS, emphasizing its commitment to pioneering blockchain innovation.

Bart Wyatt, Chief Technology Officer of the EOS Network Foundation, explained the significance of this strategic development: "With the Spring 1.0 upgrade and the introduction of the Savanna consensus algorithm, we have achieved something rare in the blockchain world: changing our core consensus algorithm. Few layer 1 blockchains have ever done this. I can only think of a few—Ethereum being the most famous. By doing so, we stand on sacred ground. By bringing EOS to the industry-leading 1-second finality, we have taken a big step forward, placing EOS at the forefront of blockchain innovation. This is not just a technological achievement—this is about complete ownership of the EOS community."

The EOS network has completed the transition to Antelope Spring 1.0, providing an undisputed upgrade path. This process demonstrates the collaborative efforts within the EOS community, including extensive beta testing and distributed activation by global block producers (BP).

The Savanna consensus algorithm has fundamentally changed blockchain efficiency. By integrating advanced encryption technologies such as aggregate BLS signatures, Savanna ensures fast, irreversible transactions, thereby enhancing network security and scalability, and unlocking new use cases for the blockchain industry.

Yves La Rose, Chief Executive Officer of the EOS Network Foundation, stated: "Spring 1.0 marks a pivotal moment for the blockchain industry, introducing the Savanna consensus algorithm with instant finality of 1 second through cutting-edge BLS encryption technology. This upgrade provides unparalleled transaction speed, reliability, and security, laying the foundation for the vibrant development of next-generation decentralized applications. Achieving this goal is a feat of combined efforts from internal teams and external partners, positioning EOS as one of the most technologically advanced platforms as it drives the industry forward."

With the advancement of EOS network in Spring 1.0, it has laid the foundation for continuous innovation and community development. This significant technological leap unlocks numerous new use cases and strengthens the EOS ecosystem.

Areg Hayrapetian, Engineering Director of the EOS Network Foundation and Chief Architect of the Savanna consensus algorithm: "The development of the Savanna consensus algorithm adopts a more rigorous approach, replacing the unnamed traditional consensus algorithm of EOS. We used concept validation to discover and fix design flaws early, conducted multiple iterations of testing, and applied mathematical analysis to ensure the algorithm maintains critical liveness and safety—key elements of any blockchain we want to achieve: available when needed, and when transactions are marked as final, they will not be reversed. By doing our work on Savanna, EOS users can take these things for granted and enjoy a significant reduction in final transaction time—from minutes to just one second."

Follow the EOS Network on Twitter and Telegram to stay updated on the network's latest enhancements, updates, and upgrades.

EOS Network Foundation

The establishment of the EOS Network Foundation (ENF) is based on a vision for a prosperous and decentralized future. Through our stakeholder engagement, community initiatives, ecosystem funding, and support for an open technology ecosystem, ENF is transforming Web3. Established in 2021, ENF is the center of the EOS network, a leading open-source platform with a stable framework, tools, and libraries for blockchain deployment. Together, we bring innovation to community building and are committed to creating a better future for everyone.

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