Octopus Deploy 3.4 Beta 1 has been released as part of the Early Access Program, featuring enhancements such as multi-tenant deployments, support for elastic and transient environments, and the introduction of Cloud Regions to facilitate multi-region cloud applications. This version includes proxy support for Tentacle communications and introduces changes, such as the deprecation of Azure deployment targets and the introduction of a new health status property for elastic environments. However, some features and capabilities are still in development, like full tenant-based security and enhancements for large deployments, which are expected in future updates. Users can participate in testing and feedback, with guidance available for transitioning to the new version, although downgrades are not supported. The release aims to improve performance and flexibility in deployment processes while maintaining compatibility with previous versions.