Categories: CryptoNews

block.one Team Reveals EOS.IO Single Threaded Application Testnet

block.one, a leader in developing blockchain software solutions, announced that the EOS.IO Single Threaded Application Testnet (“EOS STAT”) is ready for release. This development is a major milestone for block.one, putting development ahead of schedule. With this development coming out early, the internal team will be free to work with the development community from now until the release of the EOS.IO Multi-threaded Testnet in 2018.

Disclosure: This is a Sponsored Article

EOS STAT will be a simulation of the EOS setting, including features that allow developers to evaluate, build, and test decentralized applications in a public environment, including the ability for potential Block Producers to evaluate EOS.IO. This will include twenty one block producing nodes with one node per host which will have a one second block time. This is cut down from the prior three second block time.

 

“We are continually working to improve EOS.IO features and performance and are excited to release this testnet for feedback and collaboration with the developer community.”  said Daniel Larimer, CTO of block.one. “Even on the single-threaded testnet, EOS.IO is now capable of over a thousand of transactions per second (TPS), making it one of the fastest smart contract environments available.”.

 

Additionally, EOS STAT’s P2P code will feature a better node sync, and its developer API will have a standardized coding style. A wallet will also be available for those that use the API.

Related Post

 

What’s more, EOS STAT will have a Github page with library of tutorials, code, documentation, and sample Smart Contracts. It will feature contract security and authorization, a rate and database limiting, and a Genesis block for EOS token holders. There will also be a free faucet for those without tokens.

 

In the next few months the team, led by Dan Larimer, is planning the EOS.IO Multi-threaded Application Testnet (“EOS MAT”). This project is available under the GitHub name “eos:noon”. This combined with EOS STAT will come with significant refactoring, code cleanup, and inter-blockchain communication.

 

The block.one team running test and trial is currently looking at setting up a testing rig of twenty one block producers and different business scenarios for a range of applications. Expect another report in February on these qualities.
Progress can be viewed on GitHub. For more information on the EOS.IO software, please visit www.eos.io.

Guest

The writer of this post is a guest. Opinions in the article are solely of the writer and do not reflect The Merkle's view.

Share
Published by
Guest

Recent Posts

NEAR Goes Live on Solana as Cross-Chain Trading and AI Ambitions Accelerate

$NEAR is now live on Solana. And the implications go far beyond a simple token…

2 days ago

Hyperliquid Proposes 37M HYPE Burn as Validators Prepare to Vote

Hyperliquid is facing one of its most consequential governance moments yet. A proposal now before…

2 days ago

Tether Introduces PearPass, a Local-First Password Manager With No Servers

Tether has entered a new category. The company announced the launch of PearPass, a peer-to-peer…

2 days ago

Solana Takes First Steps Toward Quantum-Resistant Security

The Solana ecosystem is beginning to prepare for a future many in crypto still treat…

3 days ago

Institutional Bitcoin Accumulation Enters a New Phase

Bitcoin accumulation is no longer subtle. It’s visible. It’s deliberate. And it’s accelerating. In the…

3 days ago

Ripple Expands RLUSD to Layer 2 Networks, Laying the Groundwork for Institutional DeFi

Ripple is pushing its stablecoin strategy beyond a single chain. The company has announced it…

3 days ago