EOS Renews Partnership With Object Computing To Revamp Its Blockchain APIs -Breaking
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EOS renews its partnership with Object Computing to revamp its blockchain APIs- The Network Foundation announces laying down plans to build its platform’s core software.
- EOS and Object Computing are now partners.
- Yves La Rose is the Executive Director at ENF and has interesting comments to make about the latest.
Having successfully wrested control of the EOS blockchain from its controversial lead developer last year, the EOS Network Foundation (ENF) has laid out how it intends to build on the platform’s core software.
To do so, it’s partnering with the consulting firm Object Computing, which has already played a key role in the initial development of the EOS.IO software, an open-source smart contract blockchain platform that sits at the heart of the EOS ecosystem.
The most urgent improvements to EOS.IO were identified in a series of “Blue Papers”, or research projects conducted by the ENF into what can be done to restore the EOS project to its former greatness.
EOS was once billed as a potential “ killer” and raised a record-breaking $4 billion via an ICO in 2018. Block.One’s apparent disinterest caused the project to stall. This led to the EOS community forming a team to take control of the project.
Four Blue Papers are available. They cover areas like a framework for security audits and contract audits of EOS.IO apps. The improvement in EOS endpoints to allow for greater useability by dApps created on the network. There is also new standards for wallets. After reviewing this research, ENF stated that it identified the Transaction Lifecycle as the highest priority goal.
ENF announced that it plans to work with Object Computing on a new Transaction Lifecycle. It aims to address the major issues highlighted in the API+ Paper. They intend to build an entirely new API endpoint with Subjective Billing features that will make it possible to estimate resource usage (gas fees) for any kind of transaction, something that was mentioned as a major pain point in EOS’s existing API. At the same time, the Subjective Billing feature will be designed in such a way that it reduces the rate of “lost transactions”.
The improvements also include transaction tracking and relaying. This will make it possible to create an efficient block-explorer for EOS.
Despite Object Computing’s previous association with Block.One, the ENF highlighted its work on blockchain projects with organizations such as NASA, Motorola (NYSE:), Bayer (OTC:) and Rio Tinto (NYSE:) as examples of its strong credentials.
Yves La Rose, Executive Director of ENF, stated that the project was fortunate to have its skilled team of developers and that they will continue to build substantial value for the network.
La Rose said,
Having access to multiple industry leading development teams will undoubtedly strengthen EOS’s core codebase, with many teams working in parallel to implement a consolidated roadmap of products and features as outlined in our Blue Papers
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