Input Output: Cardano Block Size to Increase by 11%

Cardano developer unit Input Output reported that the blockchain’s block size is on target to expand by 11% as part of its network optimization efforts. The total block size will increase to 80 kilobytes (KB) from 72 kilobytes now (KB). As a result of this, Cardano’s blocks will be able to carry more transactions. The blockchain must process more traffic as a rising number of projects emerge on the mainnet. Due to increased use, blockchain traffic surged over 90% last month, highlighting the urgent need to scale up the network. According to data given by Cardano Blockchain Insights, nearly all blocks are still full with the average load being above 85%. The new enhancements will take effect on February 4th. They’ll make it easier for Cardano-based decentralized applications (dApps) to scale as demand grows. Before making any further changes, Input-Output will ‘seriously monitor’ the overall network health. Cardano has now progressed to the Basho stage of the roadmap, which is named after the famous Japanese poet Matsuo Basho. Plutus memory limitations would also be increased from 12.5 million to 14 million units each transaction. The team is currently working on improving the network to accommodate an increasing number of users. While on-chain solutions are critical, off-chain solutions like Hydra will be critical in obtaining the necessary scale.The post Input Output: Cardano Block Size to Increase by 11% appeared first on Cryptoknowmics-Crypto News and Media Platform.