A hugely popular alias Cardano (ADA) whale says it expects the Tier-1 Ballockchain’s transaction volume to hit 500-1000 by 2022. For details cryptocoin.com keep reading.
“Cardano will double its transaction volume with new developments”
Today, the crypto analyst who owns a Twitter account nicknamed cardano_whale shared:
Keep an eye out for the various scaling initiatives coming to Cardano in the coming months. The Cardano Ballockchain is currently running at almost full capacity, the block size will likely increase by the end of the month. Next month Babbage will see its Hard Fork, which should help things go even further. The number of transactions per second will increase to 500-1000 in various ways this year.
Last Friday (January 14), Tim Harrison, Director of Marketing and Communications at Input Output Global (IOG), the Balockchain technology firm that developed the Cardano protocol, talked about his firm’s focus on performance optimization and scaling for the popular L1 Balockchain. In an IOG blog post published Jan. 14, Tim Harrison said that as we enter the era of Cardano Basho, IOG is investing more energy in optimization and scaling:
Parameter tweaks, enhancements, improvements and other innovations will all play a role in steadily increasing Cardano’s capacity and throughput throughout 2022.
First up, Tim Harrison is talking about block size increase, pipelining, input validators node improvements etc. It looks at on-chain optimization and scaling solutions: Second, it highlights several potential off-chain optimization and scaling solutions, such as sidechains, hydra, off-chain computing, and mithril.
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