Logo
Cardano Ecosystem

BitcoinEthereumNews

02/12/2022

·

2.1K views


Cardano (ADA) Inches Closer To Historic Update for Plutus: Details

The post Cardano (ADA) Inches Closer To Historic Update for Plutus: Details appeared on BitcoinEthereumNews.com. Vladislav Sopov Cardano’s (ADA) devs Input Output Global shared the details of latest phase of its rapid perfromance boost Contents Plutus memory units’ limit...

Cardano (ADA) Inches Closer To Historic Update for Plutus: Details

Vladislav Sopov

Cardano’s (ADA) devs Input Output Global shared the details of latest phase of its rapid perfromance boost

Contents

  • Plutus memory units’ limit to reach 56M per block on Feb.14
  • What’s next for Cardano (ADA)?

Cardano (ADA), the largest Proof-of-Stake (PoS) network, is close to the most radical increase of its transactional capacity. With a new upgrade, Plutus scripts will be able to leverage more computational resources of the network.

Plutus memory units’ limit to reach 56M per block on Feb.14

According to the official announcement shared by Input Output Global, a software development studio behind Cardano (ADA) blockchain solutions, its crucial performance upgrade has entered its latest phase.

PARAMETER UPDATE: Today, we have commenced the update proposal process to increase per-block memory units limit for #Plutus scripts on the Cardano mainnet. This change will take effect at the boundary of epoch 321 on 14th February at UTC 21:44:51.

1/8

— Input Output (@InputOutputHK) February 11, 2022

Starting from epoch 321, which is expected to come on Feb.14th at 09:44 pm (UTC), every Plutus script (Cardano-specific software program) will be able to harness 14 million memory units every Cardano (ADA) block instead of 12.5 million.

As such, with the total CPU capacity of Cardano set at 56 million memory units per block, it is going to support 4 Plutus scripts running simultaneously by this or that dApp.

Once the update is deployed and activated, the IOG team will closely monitor the performance of the network for the entire next epoch (almost 5 days).

What’s next for Cardano (ADA)?

Should the increase be insufficient, IOG devs will consider further near-term advances to its design. 

The upcoming upgrade is a part of Cardano’s transition towards Basho, a much-anticipated period of massive scaling improvements. 

As covered by U.Today previously, in post-Basho era, Cardano (ADA) will be suitable for sophisticated B2B use-cases as its transactional bandwidth will be way higher than that of competitors.

The update is named after Matsuo Basho (born Kinsaku), a classic Japanese poet of 17th century.

Source: https://u.today/cardano-ada-inches-closer-to-historic-update-for-plutus-details

AD

Delegate Your Voting Power to FEED DRep in Cardano Governance.

DRep ID: drep12ukt4ctzmtf6l5rj76cddgf3dvuy0lfz7uky08jfvgr9ugaapz4 | We are driven to register as a DRep by our deep dedication to the Cardano ecosystem and our aspiration to take an active role in its development, ensuring that its progress stays true to the principles of decentralization, security, and community empowerment.DELEGATE VOTING POWER!


Read Original Article on BitcoinEthereumNews

ORIGINAL SOURCE

https://bitcoinethereumnews.com/technolo...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


More from BitcoinEthereumNews

See more
Cardano (ADA), Solana (SOL), and TMS Network (TMSN) Offer Exciting Opportunities for Crypto Investors in Q3 2023 – Cryptopolitan - BitcoinEthereumNews.com
BitcoinEthereumNews
Cardano (ADA), Solana (SOL), and TMS Network (TMSN) Offer Exciting Opportunities for Crypto Investors in Q3 2023 – Cryptopolitan - BitcoinEthereumNews.com

03/15/2023

·

1.7K views

Related News

See more

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)