{"id":114374,"date":"2019-09-24T06:36:19","date_gmt":"2019-09-24T06:36:19","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=114374"},"modified":"2019-11-07T02:27:17","modified_gmt":"2019-11-07T02:27:17","slug":"eos-io-upgrades-1-8-consensus-hard-fork","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/eos-io-upgrades-1-8-consensus-hard-fork\/","title":{"rendered":"EOS.IO successfully upgrades to version 1.8 in first consensus hard fork"},"content":{"rendered":"<p>EOSIO successfully implemented its first ever consensus hard fork in its v1.8 upgrade. The new version <a href=\"https:\/\/eos.io\/news\/eosio-version-1-8-0-stable-release-of-consensus-protocol-upgrade-features\/\">brings<\/a> \u201cmajor enhancements\u201d to the blockchain in hopes of \u201cpaving the way for a more secure and scalable future.\u201d<\/p>\n<h2>Improvements to the EOSIO blockchain<\/h2>\n<p>The version 1.8 upgrade focuses on allowing users to interact with the EOSIO blockchain more cheaply and with more functionality than previous iterations of the network.<\/p>\n<p>Following the upgrade, <a href=\"http:\/\/cryptoslate.com\/people\/brendan-blumer\">Brendan Blumer<\/a>\u2014chief executive of Block.one, the firm responsible for EOSIO\u2019s development\u2014<a href=\"https:\/\/twitter.com\/BrendanBlumer\/status\/1176193670040580096?s=20\">said<\/a>:<\/p>\n<figure style=\"width: 1176px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/lu1iCOOrpqJiC2NY7DPoSX28QF9BQO3DltmZYlO9R5C6YR8U7zKLAyfDVoC_yqvxu6CA0NSOfWxyWocaSwJGzkH6iqJ0H33TTTUkdUtkKbshzCgEFmjAB8F9SvUuMGrDX2lyUqAh\" alt=\"Brendan Blumer tweet\" width=\"1176\" height=\"633\" \/><figcaption class=\"wp-caption-text\">Source: Twitter<\/figcaption><\/figure>\n<p>According to block producer EOS Authority\u2019s <a href=\"https:\/\/eosauthority.com\/when1.8\/\">breakdown<\/a> of the upgrade, v1.8 will help users in four ways: provides the ability to bill network resource usage to external accounts, faulty (\u201cdeferred\u201d) transactions are more easily rectified, using dApps will cost less than before, and the security of the network has been \u201cenhanced.\u201d<\/p>\n<p>While details of the upgrade were revealed months ago, activation of v1.8 comes shortly after EOSIO was <a href=\"https:\/\/cryptoslate.com\/exploit-eos-io-unusable-two-hours\/\">exploited<\/a> through a network resource congestion attack. For just $1,200 an attacker was able to render the network \u201cunusable\u201d for two hours for many users while siphoning over $110,000 in EOS from the gambling dApp EOSPlay.<\/p>\n<p>More technical members of the community argued that the latest upgrade will prevent future instances of network congestion attacks from taking place.<\/p>\n<p>EOS developer Phil Smith told CryptoSlate the network upgrade would allow dApps to maintain a minimal level of activity, even during periods of network clog\u2014a network characteristic that was fatal to EOSPlay as it was exploited.<\/p>\n<h2>Laying the foundation for EOS \u201cVoice\u201d<\/h2>\n<p>Version 1.8 is purportedly key to Block.one\u2019s next large initiative\u2014Voice.<\/p>\n<p>On June 1\u2014the first anniversary of EOS\u2014Block.one <a href=\"https:\/\/cryptoslate.com\/crypto-twitter-reacts-to-block-ones-plans-to-launch-eos-powered-social-network-voice\/\">unveiled Voice<\/a>. <a href=\"https:\/\/block.one\/news\/block-one-introduces-social-media-application-voice\/\">Promoted<\/a> as a more transparent social media platform, Block.one frames Voice as the \u201chealthy\u201d social media platform. The platform would follow Block.one and <a href=\"http:\/\/cryptoslate.com\/people\/dan-larimer\">Dan Larimer's<\/a> other social media blockchain, <a href=\"https:\/\/steem.com\/\">Steem<\/a>.<\/p>\n<p>\u201cThrough a truly self-sustaining economy of ideas, users will directly benefit from their ideas and engagement on the platform,\u201d Block.one asserted, seemingly trying to set the flagship social media platform apart from incumbents like Facebook and Instagram.<\/p>\n<p>As of yet, there haven\u2019t been many concrete updates on much-promoted platform. Though, Blumer has said the platform will give \u201cinfluencers\u201d the opportunity to <a href=\"https:\/\/cryptoslate.com\/block-one-ceo-expects-50-100-million-payday-top-influencers-eos-voice\/\">earn millions<\/a>. EOS Authority stated that v1.8 is \u201cessential in launching Voice.\u201d<\/p>\n<p>The latest update enables one key feature Voice needed: allowing developers to assume the cost of network resources. Now, dApp developers\u2014including the team behind Voice\u2014can opt to pay for network resources, like RAM and CPU, on behalf of users.<\/p>\n<p>The latest upgrade is another step toward improving the EOSIO blockchain while addressing some of the concerns in the wake of the network congestion exploit. Though, the upgrade went live within the last 24-hours, so the community\u2019s full reaction to the changes are yet to be seen.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EOSIO successfully implemented its first ever consensus hard fork in its v1.8 upgrade. The new version brings \u201cmajor enhancements\u201d to the blockchain in hopes of \u201cpaving the way for a more secure and scalable future.\u201d Improvements to the EOSIO blockchain The version 1.8 upgrade focuses on allowing users to interact with the EOSIO blockchain more [&hellip;]<\/p>\n","protected":false},"author":170,"featured_media":106919,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15323,37],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>EOS.IO successfully upgrades to version 1.8 in first consensus hard fork<\/title>\n<meta name=\"description\" content=\"EOSIO successfully implemented its first ever consensus hard fork in its v1.8 upgrade. 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The new version brings \u201cmajor enhancements\u201d to the blockchain in hopes of \u201cpaving the way for a more secure and scalable future.\u201d\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/eos-io-upgrades-1-8-consensus-hard-fork\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-24T06:36:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-11-07T02:27:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/06\/eos-social-network-social.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nick Chong\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"EOS.IO successfully upgrades to version 1.8 in first consensus hard fork\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nick Chong\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/eos-io-upgrades-1-8-consensus-hard-fork\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/eos-io-upgrades-1-8-consensus-hard-fork\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/nick-chong\/#person\",\"name\":\"Nick Chong\",\"url\":\"https:\/\/cryptoslate.com\/author\/nick-chong\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/nick-chong\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/nick-chong\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/nick-chong-author-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/nick-chong-author-300x300.jpg\",\"caption\":\"Nick Chong\"},\"jobTitle\":\"Analyst\",\"description\":\"A decentralist at heart, Nick has shown interest in Bitcoin and cryptocurrencies since 2013. 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