According to Odaily, the EOS Network Foundation has announced the launch of Spring Beta-1 on the testnet. The new version, Spring 1.0, reportedly uses the Savanna consensus algorithm to provide immediate finality of transactions. Compared to previous versions, the speed and efficiency of the EOS network have improved by more than 100 times.

In addition, Spring 1.0 has introduced potential features including aggregated BLS signatures and the development of zero-knowledge proof systems. These technologies collectively enhance the privacy and security of the blockchain. The EOS Network Foundation's announcement marks a significant step forward in the development and enhancement of the EOS network, demonstrating the potential of blockchain technology for secure and efficient transactions.