According to BlockBeats, on September 3, the EOS Network Foundation announced on social media that it will release Spring v1.0 this week. The new version utilizes the Savanna consensus algorithm to provide instant transaction finality, significantly enhancing the speed and efficiency of the EOS network by more than 100 times compared to previous versions.

In addition, Spring v1.0 introduces features such as aggregated BLS signatures and the potential for developing zero-knowledge proof systems. These technologies collectively enhance the privacy and security of the blockchain.