EOS, the seventh-biggest cryptocurrency by market cap, is expected to have its first consensus upgrade on Sept. 23, as EOS block producers (BPs) have agreed to activate EOSIO v1.8 on the EOS mainnet on this date.
According to EOS Nation, a major BP, the upcoming event is the largest upgrade to the EOS network since it was launched. It is also the first update to require a hard fork, which is a split of the source blockchain into two separate networks that will have their own transaction histories. EOS Nation says 29 of the 30 top BPs have committed to upgrading at publishing time.
Apart from small improvements in security and scalability, EOSIO developer company Block.one has reportedly simplified the operation of future hard forks.
The Sun Network is a sidechain scaling solution that is designed to deliver supposedly unlimited scaling capacity for the Tron network. Additionally, the solution will purportedly allow decentralized applications (DApps) to consume less energy and run with higher security and efficiency.
As noted by Cointelegraph Analytics, resource consumption on the sidechain will be 100 times less, which will purportedly lead to a surging number of DApps.
Big Neo update coming
Neo, the 20th-biggest coin by market cap at publishing time, will have a major upgrade to NEO 3.0 in the second quarter of 2020, as previously reported. The upgraded version is expected to be launched as a new blockchain network, where users will need to swap their existing tokens for new ones.