Cardano Announces Major Scaling Update as SundaeSwap Launches

Cardano's parent company, has announced a major scaling update. This entails an increase in Plutus script memory units to 12.5 million. The initial change will take effect five days after the commencement of the update proposal process, on Tuesday, Jan. 25.

PARAMETER UPDATE: Today, we have commenced the update proposal process to increase Plutus script memory units per transaction on the mainnet by 1.25M. This initial change will take effect at the boundary of epoch 317 on Tuesday 25th January at UTC 21:44:51 🧵↩️Improvements in Memory/CPU parameters for Plutus remain one of 11 ways that Cardano intends to scale in 2022. Other paths include block size increase, Pipelining, Input Endorsers, Node enhancements, on-disk storage, sidechains, Layer 2 Hydra scaling solution, Offloading computation and the Mithril solution.

SundaeSwap will launch as a fully-functional beta decentralized exchange , and Yield farming SUNDAE rewardsThe announced parameter update will pursue an increase in Plutus script memory units per transaction on the Cardano mainnet by 1.25 million from its present 11.25 million figure. IOHK states, ''This incremental adjustment is the next in a continuing series of planned adjustments & network optimizations we’ll make as we start to scale Cardano for future growth.

The improvements in memory aim to provide increased resources for Plutus scripts and the DApps utilizing them and will be monitored over at least one epoch to determine the next increment. IOHK continues to emphasize its focus on delivering the scaling phase of its roadmap. It aims to achieve this by improving speed and network capacity.

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