Terraform 1.0 is GA!

At HashiConf EU 2021, the Terraform team announced that Terraform version 1.0 is generally available. What does 1.0 mean for Terraform? Are there any big improvements? And what does the future look like for Terraform after reaching this milestone?

Official announcement post: https://www.hashicorp.com/blog/announcing-hashicorp-terraform-1-0-general-availability