Thread by @InputOutputHK

PARAMETER CHANGE INCOMING: A few hours’ from now, a fresh network parameter update will increase #Plutus script memory units per transaction on the #Cardano mainnet from 11.25M to 12.5M – a 1.25M increase.
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This will take effect at the boundary of epoch 317 today, Tuesday 25 January, at UTC 21:44:51. The increase will provide additional resources for #Plutus scripts and the DApps making use of them. For example, improving DEX throughput.
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This adjustment is the next in a continuing series of planned network optimizations. We’ll continue to optimize the core network in a series of measured steps as we carefully & methodically scale #Cardano for future growth.
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#Cardano is one of the most decentralized blockchains in the world, built for correctness & security. The network has seen phenomenal growth in transaction volume and usage in recent months.
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We’re committed to delivering the scaling phase of our roadmap as the ecosystem grows; improving speed & additional network capacity while maintaining security and our commitment to decentralization.
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With significant further growth expected we’ll be continuing to carefully tune, monitor and steadily optimize the #Cardano network as we grow.
Continuing close observation of network performance and the cumulative impact of parameter changes will be key throughout.
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Following today’s change, we shall closely assess network response from this latest change over at least one epoch (5 days) before determining future adjustments.
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We're already seeing a huge number of exciting #CNFT projects thriving on #Cardano. With the arrival of many exciting new #DeFi projects over coming weeks, some #DApp users or #CNFT buyers may at times experience delays in transactions going through.
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This may be significant at times of peak load around anticipated launches and large drops. The network has been designed to safely manage high peak loads. And remember, no failed transaction fees on #Cardano. Throughput will steadily improve as we continue to optimize.
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For the very latest on our ongoing plans, join us for #Cardano360 on Thursday, January 27th at 17:30 UTC
youtube.com/c/IohkIo

Thanks to all the #CardanoCommunity for your ongoing support.

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