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

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).

Interpretation of this information:

The Fantom Foundation has recently released an updated version of the Fantom main network, which aims to improve P2P and event/block processing. The release of go-opera version 1.1.2-rc.5 marks a significant milestone for the network, as it promises to reduce the event/block processing time by about 30%. Moreover, the processing speed of the Genesis file is up to 3 times faster, excluding archive Genesis files. This news is particularly significant for developers and users of the network, as it will make transactions faster, more efficient, and reliable.

The new version of the main network focuses on addressing some of the issues that have been identified in the previous version, such as longer processing times, which can lead to slower transaction speeds. The improvements made in P2P and event/block processing will make it easier for developers to build decentralized applications (dApps) that are secure, fast, and reliable. With the new version, developers can run their dApps without worrying about processing speed, which can be a significant barrier to their success.

For example, decentralized finance (DeFi) applications, which rely heavily on blockchain technology, require fast and efficient transaction speeds. Slow processing times can lead to errors, delays, and increased costs. With the new version of the network, DeFi developers can build more efficient applications that can process transactions more quickly, providing a better user experience.

In summary, the release of the new version of the Fantom main network is an exciting development for the blockchain community. The improvements made to P2P and event/block processing will undoubtedly make transactions faster, more reliable and efficient. With the new version of the network, developers can build decentralized applications that are more secure, scalable, and user-friendly. This news is particularly significant for the DeFi ecosystem, as faster processing times will enable developers to create more efficient applications that can deliver better user experiences.