Altcoin Blockchains News

Cardano Developers have Increased Block Size

Cardano is one of the largest cryptocurrency projects in the world. The blockchain project has managed to retain its top position by adding upgrades to the network since its inception. This year, the biggest upgrade on the ecosystem arrived in the form of Alonzo hardfork. This upgrade managed to make the network function with smart contracts.

However, the direct result of this upgrade was shown in the form of increased activity on the platform. Therefore, the development team of Cardano felt that it needed to improve the scalability function of the network. Following the new need for expansion and data support, Cardano developers have currently increased the block size that will allow more transactions to take place per block.

Cardano Network is also Planning to Add DApps Functionality

A few days ago, Cardano developers revealed that they are planning to introduce DApps capabilities on the network. The new upgrade is going to increase the traffic of the developers and scripts generation on the network more than ever before. Therefore, the developers have increased the block size of the Cardano network by 12.5%.

The new change has allowed each block to carry 8KB additional data and increase its transaction capacity to 72KB in total. When more transactions are carried per block, it will improve the transaction speed and decrease the gas fees. At the start of the current year, Cardano was able to support only 10K transactions in 24 hours.

Plutus Script is the programming language that is used for coding on the Cardano network. In addition to increasing the per-unit size of the Cardano blocks, the developers have also expanded the per unit memory of Plutus Script. With the new addition, the transaction speed for the PS is now 11.25 million.

Cardano’s architecture director named John Woods, has claimed that the developers are planning to introduce these upgrades at a slow and consistent pace. He further explained that the main objective of the block size increment is to make way for real-time interaction and increase the interoperability of the network rather than harnessing the ability to host complex scripts.

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