Fantom Foundation Improves Network Speed with Latest Release

03/07/2023 08:21 • Daily Digest • 71 views

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%

Interpretation of the news:

The Fantom Foundation has released the latest version of its main network, go-opera version 1.1.2-rc.5. With significant improvements in P2P and event/block processing, the network has seen a 30% reduction in event/block processing time. Additionally, the processing speed of the Genesis file has increased by up to three times, with the exception of the archive Genesis file.

This latest release is exciting news for the Fantom Foundation and its supporters, as it addresses some of the network’s critical areas that needed improvement. The foundation has been working hard to increase the speed and efficiency of its main network, and this release shows significant progress towards that goal.

P2P, or Peer-to-Peer, is a critical component of any blockchain network. It is a decentralized network that allows participants to connect with each other and share information without the need for a central authority. In the case of Fantom, the P2P network has been improved, which will help reduce the event/block processing time. When a block is created, it needs to be processed and confirmed, which can sometimes take a significant amount of time. With this improvement in place, the processing time has been reduced by about 30%, making the network faster and more efficient.

Event and block processing are also essential elements of blockchain networks. An event is a specific action or trigger that occurs within the network, while a block is a collection of transactions recorded on the blockchain. With the latest release from the Fantom Foundation, the processing of events and blocks has been optimized, further increasing the speed and efficiency of the network.

The processing speed of the Genesis file has also been improved with this release, which is significant for the Fantom network. The Genesis file is the very first block of a blockchain and contains information about the initial state of the network. With this latest improvement, the processing speed of the Genesis file has been increased by up to three times, making the entire process faster and more efficient.

In conclusion, the latest release from the Fantom Foundation is a significant step towards improving the speed and efficiency of its main network. With improvements in P2P, event/block processing, and the processing speed of the Genesis file, the network is more reliable and efficient for its users.

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Fantom Foundation Improves Network Speed with Latest Release

The new version of Fantom’s main network reduces the processing time of event blocks by about 30%

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