Input Output, the development company behind the Cardano network, proposed increasing the network's block size by 11% on Wednesday. By shauryamalwa
The Cardano website on a laptop computer
“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,” Input Output said in a tweet. A separate proposal was additionally triggered to increase the performance of Plutus, the smart contract platform of the Cardano blockchain. Input Output said script memory units per transaction – or the amount of data that can be included in a single transaction – on Cardano would now increase to 14 million from 12.5 million.
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