Fantom Launches Faster Main Network with Improved P2P and Event/Block Processing
On March 7, the Fantom Foundation announced the release of a new version of the Fantom main network (go-opera version 1.1.2-rc.5), which includes significant i…
On March 7, the Fantom Foundation announced the release of a new version of the Fantom main network (go-opera version 1.1.2-rc.5), which includes significant improvements in P2P and event/block processing, reducing the event/block processing time by about 30%; The processing speed of Genesis file is up to 3 times faster (except archive Genesis file).
The new version of Fantom’s main network reduces the processing time of event blocks by about 30%
Analysis based on this information:
The Fantom Foundation has recently announced the release of its new version of the Fantom main network, go-opera version 1.1.2-rc.5. The latest update includes several improvements in peer-to-peer (P2P) and event/block processing, resulting in reduced processing time by approximately 30%. Moreover, there is a boost in the processing speed of the Genesis file, which is now up to three times faster, except for the archive Genesis file.
Fantom is an ambitious blockchain platform that aims to deliver fast and secure transactions using its innovative DAG (Directed Acyclic Graph) technology. The platform incorporates smart contract functionality and promises to support a wide range of decentralized applications (dApps). The Fantom team has been working diligently towards enhancing the performance and throughput of the main network, and the latest system upgrade is a testament to their dedication.
The improved P2P network will allow nodes to connect seamlessly and exchange data more efficiently. The event/block processing time reduction is another vital enhancement that will speed up the block validation process and reduce network congestion. Additionally, the increase in the processing speed of the Genesis file will enable faster synchronization of nodes to the network while enhancing overall performance.
The team is striving to create a blockchain platform that can compete with the likes of Ethereum and other major players in the market. The release of the new version of the Fantom main network is a significant step towards achieving that goal. By providing an environment in which dApps can thrive, the Fantom platform hopes to encourage innovation and creativity in the decentralized world.
In conclusion, the latest Fantom main network update is a positive development that underscores the innovative spirit of the platform. The improvements in P2P and event/block processing, along with the faster processing speed of the Genesis file, will enhance the performance and throughput of the network. As the platform continues to evolve and attract developers to create dApps, the blockchain community will undoubtedly keep an eye on the progress of Fantom.
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