Solana is around USD $ 200 in proposal to increase the block limit 66%

By Hannah Pérez

Solana developers are discussing the possibility of increasing the computing limit per block of 60 million to 100 million Cu, this after an increase of more than 20%. Meanwhile, Sol points to the rise.

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Solana developers discuss increasing the block limit per block.
The SIMD-0286 proposal plans increased from 60 million to 100 million Cu.
Solana has just increased its block limit by more than 20%, but the ecosystem demands more.
Meanwhile, the price of Sol points out, can the USD $ 250 resume in the short term?

Sun, native cryptocurrency Solariumis around the price area of USD $ 200 as developers evaluate a proposal to increase the block limit of that Blockchain.

This week, developers of Solarium They raised the possibility of increasing the computation limit per block of 60 million to 100 million computing units (CU), according to the proposal SIMD-0286 Published in Github.

The 66% increase would be intended to offer more performance for users and developers of the decentralized finance ecosystem (defi) of Solarium As the demand of the network grows.

The block limit in a Blockchain It refers to the maximum amount of data that can be included in a block before the chain is added. In Solariumwhich uses an approach based on computer units, this limit is measured in transaction capacity.

The purpose of the block limit is to ensure that the network can process and spread blocks efficiently, maintaining decentralization, safety and performance. For Solarium, It means processing more transactions and admitting heavier applications such as DEX, MEV systems and readjustment protocols without reaching the computation limits.

“The main objective of block limits is to ensure that the vast majority of network participants can follow the rhythm of the network, restricting the amount of work that a leader can include in a block“, Says the proposal.

“The current traffic of the main network is not largely limited by large block execution times. This proposal aims to increase the block limits to 100 million CU, in order to provide additional capacity to the network“

At the moment, Solarium It produces blocks every 400 milliseconds, with strict limits on the amount of computing that can be packaged in each.

Proposal to increase Solana block limit

The proposal came just after Solarium The block limits will increase on July 23 by activating SIMD 0256, carrying the capacity of 48 million Cu to 60 million Cu.

The highest capacity has helped Solarium to process approximately 1,700 transactions per second in day traffic. However, the demand for more maneuvering margin developers remains higher. The rise of the protocols of Stakingthe emission of memecoins, NFT coin and more, motivates the need to increase the space.

If approved, the change would come into force in a next version of software and automatically activate in a future time once the validators update and accept the highest limit, as details The Block.

SIMD-0286 only increases the limit of maximum block units, which governs the total calculation per block. Other limits, such as maximum scratch account units, remain unchanged, adds COINDESK.

Sol emerged momentarily this week above the USD $ 200 as the developers increased the block limit and began to discuss a greater expansion before the end of the year.

Sun towards USD $ 250?

At the time of writing these lines, the sun’s price has increased almost 5% in the last 24 hours to USD $ 187.31, and a gain of just over 6% in the week, according to data from Coinmarketcap.

The rebound is in line with a broader bullish action in the cryptocurrency market, partially fed by a more favorable regulatory tone in the US, that certain analysts expect to benefit high demand projects as Solarium.

Conversations around the funds quoted in the stock market (ETF) of Solarium And the trend of public companies that opt for sun as strategic treasury assets could also help boost the range of USD $ 200- $ 250 in the short term.

Hannah Estefanía Pérez / Diariobitcoin

Image of Unspash, edited

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