The organization behind Cardano’s software development IOHKannounced its latest plan to meet the demands of its rapidly growing ecosystem. In a tweet published on Monday, the following statements were used:
“As we continue to increase Cardano network capacity in line with our plan, we have also proposed our next parameter update. If our proposal is accepted, the block size will increase from 72 KB to 80 KB, an expansion of 8 KB.”
According to the announcement, IOHK’s pipelining or Cardano’s “plumbingThis proposal, which he calls ”, will mean an 11% increase in the current block size and enable the network to process more transactions.
In addition, IOHK is the amount of revenue per transaction in the network. Plutus announced that script memory units will increase from the current 12.5 million to 14 million. Plutus allows developers to write applications and create new tokens on the Cardano blockchain. cardano It is a smart contracts platform for
Additionally, IOHK noted that increases to block size and memory will take place on Friday.
These announcements, Cardano’s biggest move so far in 2022, are in line with its plan to scale and optimize the throughput of its network entering Basho phase goals. Once these updates reach the mainnet, the DApp user experience is expected to be smooth, attracting more developers and strengthening the network.
Currently boasting close to 3,000,000 registered wallets, Cardano NFT‘s, DeFi It is home to some of the largest ecosystems in blockchain, including applications and decentralized exchanges.
Finally ISLANDafter a prolonged decline since hitting an all-time high last September 1.058 traded in dollars. Cryptocurrency with significant support 0.93 It stands out among many cryptocurrencies as it does not lose the dollar.
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