Cardano (ADA) developers have proposed an update that they say will help scale and improve the user experience of the project’s network.
The update will increase the Cardano network’s block size from 72KB to 80KB, according to a new tweet from the blockchain platform’s development firm, Input Output Hong Kong (IOHK).
The development firm also proposed an update that will increase the script memory units per transaction on the Cardano mainnet from 12.5 million to 14 million. Both the block size and script memory unit increases are slated to take effect on Friday.
Explains IOHK,
“Together, these enhancements will provide additional resources for [Cardano’s smart contract platform] Plutus scripts to improve DApp [decentralized application] user experience while increasing overall network capacity. This adjustment forms part of a planned series of network optimizations. Cardano will continue to be steadily optimized in a series of measured steps this year, carefully & methodically scaling Cardano for future growth as demand increases…
The network has been designed to safely manage high peak loads and throughput will steadily improve as we continue to optimize. This latest change will continue to improve the user experience.”
Cardano’s native token, ADA, is trading at $1.03 at time of writing, down more than 21% in the past month.
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The post Cardano (ADA) Developers Propose New Update To Increase Block Size by 11% appeared first on The Daily Hodl.
