To improve scalability, Cardano has introduced a new upgrade that ramps up its block size by 10%, from 80KB to 88KB.
Following a recent increment in transaction volume, and also in line with future growth potentialities, Cardano has increased its mainnet block size by 8KB.by Cardano’s founding company, Input Output Hong Kong , the upgrade was proposed last weekend. Implemented on Monday, it has increased Cardano’s block size by 10% to 88KB, where initially it was 80KB.IOHK notes that the scalability upgrade “is the latest in a series of planned network optimizations” for Cardano in 2022.
Since Monday, IOHK has been monitoring the blockchain’s reaction to the update. This will continue for the next three days, and the results will be crucial in determining the best timing for the next similar effort. Of note, the upgrade places Cardano a rank higher than where it was in terms of scalability. This is one of the blockchain trilemma factors of scalability, decentralization, and security. Events in the blockchain industry show that no one network has managed to fully attain all three objectives.
“As the ecosystem grows, we’re focused on delivering the scaling phase of our roadmap; improving speed and network capacity while maintaining security and decentralization,” IOHK tweeted.and the upcoming launch of ETH 2.0.to a 216% hike in transaction volume in the past year. Additionally, the network took on smart contracts functionality with the Alonzo upgrade in September 2021. This many developers to build on Cardano, though it has not been
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