Block.One Launches EOSIO 2 to Improve Security, Performance - Coindoo

Block.One Launches EOSIO 2 to Improve Security, Performance

Editorial Team Avatar
Oct 8, 2019
3 min reading time

Block.One – the company behind EOS cryptocurrency, has launched its EOSIO 2.0 protocol for the purpose of improving performance, security, and building more developer tools.

The announcement comes in just two weeks after the company launched the EOS v. 1.8. According to the announcement, EOSIO is the first blockchain software to utilize the WebAssembly (WASM) engine to enhance performance.

The announcement said:

“Our solution: build our own, designed from the ground up with blockchain in mind. EOS VM, our purpose-built blockchain WASM engine, runs the EOS Mechanics WASM CPU benchmarks up to 16x faster than Binaryen, which was released with EOSIO 1.0.”

Commenting on the new development, Block.One CFO, Daniel Larimer, emphasized that the newly launched EOSIO 2 is quite fast and will be available to the community on testnets and non-critical EOS nodes.

Eosio 2 rc1 is officially available for community to download and utilize on testnets and even non critical eos nodes. Assuming no major issues this will be the final 2.0 version and it’s super fast!” – Larimer said.

EOSIO 2 Will Make Things Easier for New Developers

The announcement further revealed that by launching the EOSIO 2 protocol, the team intends to make things easier for new developers in the space, by eliminating barriers that usually lead to delay or poor performance. This would be to the advantage of new developers that seek to build on EOSIO for the first time.

The post revealed that they have implemented the “weighted threshold multi-signature block support,” which provides a permission layer. The layer provides for multiple block signing keys through a flexible scheme, leading to the existence of redundant block signing infrastructure without sharing any sensitive information.

Developer Tools Included

Besides, the Block.One team is creating the EOSIO Quickmart Web IDE, which is a development tool that facilitates the creation of new developments from the start to completion in minutes.

Additionally, EOSIO 2.0 protocol includes other major components, such as EOS VM, Weighted Threshold Multi-Signature Block Production Support, and WebAuthn Support – all built with developers in mind.

WebAuthn is another developer tool that is in support of EOSIO. The tool is a standard for string user authentication, which works together with the World Wide Web Consortium (W3C) and the Fast Identity Online (FIDO) alliance through the help of Mozilla, Microsoft, Google, and more. With this tool, users can use a hardware device to validate and sign transactions in a browser with no extensions or other software installed on their devices.

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