Fantom Foundation Improves Processing Speed of Main Network

03/07/2023 08:21 • NFT Newsflash • 134 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%

Interpret the above information:

The Fantom Foundation, a leading blockchain technology company, recently released a new version of its main network. The go-opera version 1.1.2-rc.5 includes significant improvements in P2P and event/block processing. The improvements resulted in a reduction of event/block processing time by approximately 30%. Additionally, the processing speed of the Genesis file is now up to three times faster.

The Fantom main network is a blockchain platform that enables developers to build decentralized applications (dApps). It is designed to be scalable, interoperable, and secure, making it an attractive option for businesses and developers seeking to adopt blockchain technology. However, like any technology, it faces challenges related to speed and efficiency, which the improvements in version 1.1.2-rc.5 address.

P2P, or peer to peer, refers to the distribution of computing tasks across multiple nodes on the network. Improvements in P2P enable the Fantom main network to handle more transactions more quickly. The faster event/block processing time also makes the network more efficient, allowing more transactions to be processed in a shorter amount of time.

The processing speed of the Genesis file is another important feature of the Fantom main network. The Genesis file is the first block on the blockchain, and it is created when the blockchain is initialized. It contains important information about the network, including the initial distribution of tokens. Improvements in processing speed for the Genesis file mean that the network can be launched more quickly and be more responsive to changes.

The release of go-opera version 1.1.2-rc.5 is a significant development for the Fantom Foundation and its partners. It shows the company’s commitment to continuous improvement and reflects the growing demand for blockchain technology that is fast, secure, and scalable. The improvements in processing speed will also make the network more accessible to new users and businesses.

In conclusion, the Fantom Foundation’s release of go-opera version 1.1.2-rc.5 represents a step forward for the Fantom main network. The improvements in P2P and event/block processing, as well as the faster processing speed of the Genesis file, increase the network’s efficiency and speed. This, in turn, makes the Fantom main network a more attractive option for developers and businesses seeking to adopt blockchain technology.

Overall, this update is likely to cement Fantom’s reputation as a leading blockchain technology company that focuses on providing fast and reliable solutions to complex problems.

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Fantom Foundation Improves Processing Speed of Main Network

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

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