Business Stories and Reviews
July 25, 2023

EOS Network Foundation Unveils Major Consensus Upgrade: Antelope Leap 5.0

The EOS Network Foundation (ENF) has officially announced the upcoming launch of Antelope Leap 5.0, a monumental consensus upgrade, scheduled for Q4 2023. This hard fork, marking the second significant enhancement in under eighteen months, demonstrates both EOS’s adaptability and its community’s commitment to continually refining the foundational protocol.

EOS Network Foundation Unveils Major Consensus Upgrade: Antelope Leap 5.0

Antelope Leap 5.0 promises to usher in a suite of groundbreaking features set to amplify the network’s potential, thereby elevating EOS above its Layer 1 protocol contemporaries. These advancements promise to revolutionize the EOS landscape and other Antelope-based chains. Notably, the upgrade will pave the way for developers to craft smart contracts capable of efficiently verifying zero-knowledge proofs, while also unlocking alternative consensus mechanisms.

Spotlight on Leap 5.0’s Technical Innovations

  1. Instant Finality: Essential for a seamless Web3 experience reminiscent of Web2, Leap 5.0 focuses on rapid finality. A pivotal aspect of this is the integration of aggregate BLS signatures, bolstering the HotStuff consensus algorithm. By amalgamating multiple signatures and public keys into a singular operation, the network achieves unparalleled scalability and swift finality, with most transactions concluding in mere seconds. This enhancement drastically optimizes the network, aligning the dApp user experience with Web2 standards. The Antelope Trustless IBC will also capitalize on Instant Finality, ensuring inter-blockchain finality in a few seconds. This enhancement will be integrated into the EOS EVM.
  2. HotStuff Consensus Algorithm: Initially crafted by VMware in 2018 and later incorporated by the Facebook Libra initiative, HotStuff considerably augments the features accessible on EOS and all Antelope chains. The algorithm’s utilization of aggregate BLS signatures provides the foundation for additional ZK proof systems. This innovation facilitates previously unattainable features like confidential transactions and alternate privacy measures, including the adoption of private addresses over accounts. With these upgrades, EOS and other Antelope chains boast a leading-edge crypto primitive implementation, verifying ZK proofs in a staggering 1.1ms, as tested on an I9-13900 CPU. These novel crypto primitives can significantly influence financial system credibility, endorsing free markets and enabling private transactions. Leap 5.0 ensures that Antelope chains are equipped with native ZK proof-enabled smart contracts at their heart.
  3. Peer-to-peer Protocol Augmentations: Collaborating with the Antelope Coalition, scholars from the University of Fudan have spearheaded improvements to the nodeos service’s peer node discovery and synchronization processes within the P2P protocol.

This visionary leap forwards cements EOS’s position at the forefront of the blockchain technology realm. With the community’s unwavering dedication and the dynamic capabilities of Antelope Leap 5.0, the future of EOS and Antelope chains shines brighter than ever.

Leap 5.0: A Paradigm Shift for the EOS Community

The EOS community is poised for a transformative phase with the anticipated upgrade to Leap 5.0. Beyond being a mere technical benchmark, Leap 5.0 embodies the maturation of the EOS ecosystem.

Reflecting on the significant consensus upgrade titled EOS Independence Day, the EOS community witnessed a shift from EOSIO to Antelope. The advent of Leap 5.0 presents a golden opportunity for EOS to transition from the DPoS mechanism, marking a profound deviation from the original EOS Network vision. This move is set to pave the way for a more community-driven approach.

Leap 5.0 introduces an intricate redefinition of the Block Producer’s responsibilities, bifurcating them into three distinct roles:

  1. Block Proposer: Entrusted with the task of assimilating transactions into a proposed block.
  2. Consensus Leader: Tasked with harmonizing Block Finalizers to cultivate Quorum Certificates, substantiating the finality of a proposed block.
  3. Block Finalizer: Their primary role entails dispatching signatures on block proposals to the Consensus Leader, culminating in Quorum Certificates.

While the initial phase of Leap 5.0 will see Block Producers donning all three hats, the ingenuity of the new consensus algorithm lays the groundwork to eventually segregate these roles. A potential future scenario could witness the network optimizing costs by confining Block Proposers to a select group of high-performance nodes. Concurrently, the network’s security and decentralization could be bolstered by expanding the roster of Block Finalizers.

The EOS community awaits a comprehensive exploration of these possibilities in the upcoming months. For a more immediate deep dive, enthusiasts can tune into the EOS Fireside Chat featuring Guillaume Babin-Tremblay from UX Network.

Acknowledging the Architects

The journey to realizing Antelope Leap 5.0’s features has been a colossal interdisciplinary venture. Noteworthy contributions include the bls12-381 cryptography library crafted by Matthias Schoenebeck of ZEOS, under the watchful eyes of seasoned cryptographer and ENF Senior Engineer, Yarkin Who, PhD. ENF’s engineering titans, Areg Hayrapetian and Matt Witherspoon, have meticulously overseen the integration of host functions to the blockchain, ensuring long-term maintainability without compromising consensus. Spearheading the HotStuff Consensus Algorithm’s incorporation and Instant Finality is Guillaume Babin-Tremblay of UX Network. The collective genius of countless engineers from ENF and the broader Antelope Ecosystem has fueled the march towards Leap 5.0. Their relentless dedication deserves unbounded gratitude.

A Clarion Call to Collaborators

As the EOS community gears up for this monumental upgrade, the essence of collaboration cannot be overstated. Drawing parallels with the grandeur of the Antelope Leap 3.1 launch, Leap 5.0 demands concerted efforts from all ecosystem stakeholders.

Infrastructure providers are urged to earmark the provisional upgrade window spanning late November to early December 2023. Furthermore, it’s imperative for all node operators to upgrade their nodes prior to the consensus upgrade to maintain network synchronization.

Staying informed is crucial. The EOS community is encouraged to follow the EOS Network Foundation on Twitter and subscribe to the ENF YouTube channel for enlightening weekly Node Operator Roundtable discussions. An array of informative content, ranging from in-depth articles to technical documentation, is set to grace the community in the lead-up to Leap 5.0.

In essence, the Leap 5.0 upgrade symbolizes a pivotal juncture in EOS’s odyssey. This upgrade, while introducing pioneering features, also amplifies the community’s autonomy and spirit. Such consensus evolutions, often perceived as Herculean in other Web3 ecosystems, are actualized in EOS, courtesy of its robust technical bedrock and the unison of EOS Network participants and the larger Antelope Coalition.

EOS Network

The EOS Network is a third-generation blockchain platform powered by the EOS VM, a low-latency, highly performant, and extensible WebAssembly engine for deterministic execution of near feeless transactions; purpose-built for optimal Web3 user and developer experiences. EOS is the Antelope framework’s flagship blockchain and financial center, driving multi-chain collaboration and public goods funding for tools and infrastructure through the EOS Network Foundation (ENF).

EOS Network Foundation

The EOS Network Foundation (ENF) was founded on the idea of a prosperous and decentralized future. The ENF is transforming Web3 through key stakeholder engagement, community programs, ecosystem funding, and support for an open technology ecosystem. The ENF is the hub for EOS Network, a leading open source platform with a suite of stable frameworks, tools, and libraries for blockchain deployments that was founded in 2021. We are committed to a brighter future for all by bringing innovations developed by our community.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

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Gregory Pudovsky
Gregory Pudovsky

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

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