Cardano expands block size by 11% to address scaling concerns

 

Cardano expands block size by 11% to address scaling concerns

Cardano has announced technical enhancements in response to congestion reports.

Cardano expands block size by 11% to address scaling concerns

Important Points to Remember

• Cardano is raising the size of its blocks from 72 to 80 kilobytes. Plutus script memory units will be increased as well.

• The updates are expected to arrive on Friday.

• Cardano is attempting to catch up to its Layer 1 competition this year by becoming more scalable.

Input and output, Cardano's key development team, will raise the network block size by 11%. Plutus, the team's smart contract platform, will also get a memory increase.

Cardano is Trying to Solve Scaling Problems.

Cardano is increasing the size of its blocks.

NETWORK UPDATE: Today, we have proposed the next parameter update as we continue to increase #Cardano network capacity in line with the plan. The proposal will increase block size by a further 8KB taking it from 72KB to 80KB.
🧵⤵️

1/9

— Input Output (@InputOutputHK) February 1, 2022

In a tweet on Wednesday, Input-Output announced that Cardano's block size would be increased from 72 to 80 kilobytes. On a blockchain, "block size" refers to the maximum data capacity that a single block can have. More transactions may be added to new blocks with a bigger block size, which improves scalability.

In addition to increasing block size, the team is planning to increase the performance of Plutus, Cardano's smart contract execution platform. Plutus script memory units would be increased from 12.5 million to 14 million, according to the team. Plutus smart contracts are intended to be able to process more data items if memory constraints are increased.

The upgrades would "give greater resources for Plutus scripts to improve the dApp user experience while enhancing overall network capacity," according to the Input-Output team.

The two enhancements are set to go live at 21:44 UTC on Friday.

 

Input-Output is betting on Cardano's ability to solve its congestion challenges to launch the upgrade. In November 2021, Input-Output released similar modifications to the block size and Plutus memory units.

SundaeSwap, Cardano's first decentralized exchange, had a bumpy start, with customers reporting that heavy congestion was stopping them from completing token exchanges. Input-Output cautioned that there might still be "substantial stress" on the network during planned releases of additional dApps and NFT mints amid the Twitter storm announcing the changes. Cardano's inventor, Charles Hoskinson, has previously suggested that the blockchain may become a center for both Devi and NFTs, but the network still has a long way to go to catch up to its rivals.

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As part of the "Basho" scaling phase, Input-Output plans to continue optimizing Cardano through 2022. Cardano will use this to try to take market share from Ethereum and other Layer 1 networks that previously dominated the crypto sphere in 2021.