BlockBeats report: On June 6, Monad’s development team, Category Labs, released Proposal MIP-12, recommending reducing the network consensus voting interval from the current 400 milliseconds to 300 milliseconds to accelerate block confirmation speed and consensus efficiency.
Under the proposal, the transaction limit will be reduced from 5,000 to 3,750, the block proposal gas limit will be lowered from 200 million to 150 million, and the proposal byte limit will be decreased from 2 million bytes to 1.5 million bytes. Additionally, to accommodate a more frequent block production rate, the block reward will be reduced from 25 MON per block to 18 MON.
Category Labs stated that this adjustment will not affect execution clients, but due to changes in consensus layer parameters, it must be implemented via a hard fork. The proposal suggests that a faster voting pace will help accelerate quorum formation, enabling quicker block generation. MIP-12 is currently in draft status.