Cardano blocks are often full for a longer period. It may happen that the mem-pool will be full.
In this case, users may not be able to submit the transaction on the first try. First-generation apps built on Plutus V1 are inefficient. By choosing to use the Plutus V2 application instead of the Plutus V1 one, users can influence how many transactions fit into a block.
In this way, they can significantly contribute to higher network throughput. Vasil Hard Fork Plutus V1 was the initial version of Plutus, introduced in the Alonzo hard fork in September 2021. With this version, developers could start building the first applications for Cardano.
All popular DEXes like MinSwap, SundaeSwap, and WingRiders were built on Plutus V1. Plutus V2 was introduced in the Vasil hard fork in Sep Read article: It Is Smart To Use Plutus V2 Applications
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