EOS developer Block.one has introduced the discharge of model 2.0 of the EOSIO open supply protocol, based on an official press launch shared with Cointelegraph on Oct. 8.
EOSIO is a blockchain-based sensible contract protocol used to develop and host decentralized functions (DApps). It employs a consensus mannequin referred to as delegated proof-of-stake.
Protocol updates: sensible contract effectivity and safety
According to Block.one’s announcement, the core of EOSIO 2.Zero consists of numerous enhancements to EOS VM — a high-performance WebAssembly engine specialised for blockchain functions that permits extra environment friendly use of system sources when processing sensible contracts.
Block.one claims that the up to date EOS VM provides as much as a 16x efficiency acquire over EOSIO 1.0, thereby tremendously bettering sensible contract effectivity.
Other main developments embrace the adoption of WebAuthn authentication requirements, permitting to make use of a {hardware} system for authenticating and signing transactions in browsers with out extensions or further put in software program for EOSIO functions.
This will enhance safety with out customers needing to maintain observe of personal keys or different account data, the press launch claims.
For the community’s block producers Block.one has additionally developed what it dubs “weighted threshold multi-signature block production” — a means for them to “securely sign blocks by utilizing a permission layer that allows for multiple block signing keys in a flexible scheme without sharing any sensitive data.”
New developer instruments
The launch additionally features a new web-based improvement device dubbed EOSIO Quickstart Web IDE — presently at an alpha help stage — which goals to lower the complexity and system necessities for constructing EOS.io functions.
As Cointelegraph reported on Sept. 14, a hacker had allegedly stolen over $110,000 in cryptocurrency via an exploit of EOS playing sport EOSPlay.
Industry builders have subsequently contextualized the hacker’s exploits amid a purportedly wider downside: a cheap method that allegedly permits hackers to “congest” the community — or put it right into a low-efficiency mode — with just some {dollars} price of EOS.
Block.one executives have rejected this declare and contended that the community is working appropriately.
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