Block.one Has Announced the Release of EOSIO Dawn 4.0

EOSIO Announces Dawn 4.0 Update, Full Release Slated for June

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  • Block.one launch EOSIO Dawn 4.0 in preparation for the full launch of EOSIO 1.0 later in June.
  • The update is released to encourage users to distribute their unused RAM between themselves.

According to a Medium post on Saturday 5th May, Daniel Larimer, Chief Technical Officer for Block.one has announced the launch of EOSIO Dawn 4.0. This is the latest update of the architecture of EOSIO platform for decentralized applications (DApps) and includes several changes in preparation for the full launch of EOSIO 1.0 in June.

Block.one, an open source software publisher, is presently designing EOSIO, a decentralized operating system designed for industrial-scale applications. EOS, which is the ERC-20 token that fuels the EOSIO platform. The EOSIO Dawn 3.0 was released on April 6 and just a month after, the 4.0 update was released with several new features and guidelines.

The system is mainly focused on inter-blockchain communication, a feature that Block.one believes to be vital for scaling blockchains up for large user bases.

According to Larimer, EOSIO Dawn 4.0’s inter-blockchain communication would enable apps running on different blockchains to purchase the unused RAM from one another over “multiple chains with independent memory regions running on independent hardware.” Explicitly, Block.one expects that “many applications will prefer the many-chain approach to scaling as it will lower overall costs and scale faster.”

EOSIO Dawn 4.0 is released to encourage users to distribute their unused RAM by allowing the law of demand and supply govern the price. As the system expects an increase in demand for RAM, the price would also increase automatically, “so that the price approaches infinity before the system runs out of RAM.”

Besides the inter-blockchain communication, Block.one has “been focused on cleanup and stability of the EOSIO software.”

Presently, there are 508 open issues with the EOSIO software with 987 issues now closed according to Github, where EOSIO is presently in development. The software the 8th most active C++ project on Github with Bitcoin holding the sixth position.

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