According to Category Labs, the development team behind Monad, on June 6, Category Labs proposed MIP-12, recommending shortening the network consensus voting interval from 400 milliseconds to 300 milliseconds to accelerate block confirmation times. The proposal suggests reducing the maximum number of transactions per block from 5,000 to 5,000, lowering the block proposal gas limit from 200 million to 150 million, decreasing the proposal byte limit from 2 million to 1.5 million, and reducing the block reward from 25 MON per block to 18 MON. These adjustments require implementation via a hard fork and the proposal is currently in draft status.
Monad Proposes a 300ms Voting Interval and Adjustments to Block Parameters
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Summary
Monad Proposes 300ms Voting Interval and Block Parameter Adjustments. According to AiCoin, on June 6, Category Labs, the development team behind Monad, released MIP-12, proposing to reduce the network consensus voting interval from 400ms to 300ms to accelerate block confirmation. The proposed network upgrade also suggests lowering the transaction limit from 5,000 to 5,000, the block proposal gas limit from 200 million to 150 million, the proposal byte limit from 2 million to 1.5 million, and the block reward from 25 MON per block to 18 MON. These changes require a hard fork and are currently in draft form.
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