EOS’s newest Antelope Protocol replace cuts the EOS Network Foundation’s ties to Block.one and Bullish.
The EOS Network introduced in a weblog submit on Wednesday, September twenty first, that it has efficiently accomplished its consensus upgrade to Antelope Leap 3.1.
This newest growth implies that the EOS Network is not tied to Block.one and Bullish.
Block.one was the crew behind the growth of the EOS blockchain when it was launched just a few years in the past. EOS was beforehand one in every of the high 10 cryptocurrencies by market cap however has did not sustain with the competitors over the final two years.
According to the crew, the swap to Antelope Leap 3.1 will see EOS block producers who function the public network formally undertake code solely developed below the helm of the EOS Network Foundation (ENF).
The code for the EOSIO public network was maintained by Block.one, later acquired by digital asset alternate Bullish.
Antelope is an open framework for constructing quick, safe, and user-friendly Web3 services.
While commenting on this newest growth, Yves La Rose, CEO, EOS Network Foundation mentioned;
“Today is the hard-won culmination of our efforts to secure independence for the EOS blockchain. Thanks to the EOS Block Producers—through their trust, support, and their technical prowess, the ENF has been able to proceed unhindered in our mission to deliver value to the EOS Network. Thanks to a diverse and resilient community, the momentum we have been steadily building, is now a force to be reckoned with. This is a great victory, but we can’t bask in our own glory for long, we have to keep moving! What becomes of EOS next, is what we make of it.”
The EOS group determined to maneuver away from the EOSIO code following the resignation of Dan Larimer, the venture’s lack of core engineers, a short-lived EOSIO for Business marketing campaign, and the swap of a number of EOSIO engineers to Bullish associated growth.
EOS is up by greater than 1% in the final 24 hours and is buying and selling at $1.28 per coin. At press time, EOS occupies the forty first place in the cryptocurrency market when it comes to market cap.