Celestia, the modular data network, has recently announced the Ginger update, a significant improvement aimed at boosting network performance. Scheduled to be implemented in November 2024, this update will slash block times from 12 seconds to just 6 seconds. This adjustment is expected to enhance the network’s transaction volume and completion times, resulting in a more efficient overall network.
Details of the Ginger Update
According to information provided on Celestia’s blog, the Ginger update will double the network’s data accessibility, enabling users and developers to carry out transactions at a faster pace. As part of this update, the transaction size limit has been set at 2 MiB, and limitations have been imposed on the number of PayForBlobs (PFB) and non-PFB messages allowed per block. Each block will now support a maximum of 600 PFB messages and 200 non-PFB messages.
The Ginger update is expected to be activated at block 2348907 and is set to go live in November, based on the estimated block time. Following the transition to the Mocha testnet, full integration into the main network is planned for December. This step will lay the foundation for further scalability, potentially including an increase in block size to 8 MB every 6 seconds in the future.
Technical Enhancements
The Ginger update will also enable Celestia to utilize BBR (Bottleneck Bandwidth and Round-trip propagation time) congestion control as the default setting. This adjustment will enhance efficiency in real-world peer-to-peer networks, particularly when it comes to transmitting large amounts of data. Additionally, the transaction validation process will be expedited, leading to an overall improvement in the network’s transaction capacity.
Following recent updates and a successful funding round that raised $100 million, predictions indicate that the TIA price could soon reach $10. At the time of writing, the TIA price had increased by 6% to $6.06, slightly below the resistance level of $6.5. This price surge aligns with the growing optimism surrounding the anticipated benefits of the Ginger update.
The Ginger update is regarded as a crucial component of Celestia’s efforts to enhance network performance and expand its user base. The strengthened technical infrastructure will make the network more appealing to both existing users and new developers.
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Disclaimer: The information provided in this article should not be considered investment advice. Investors should be aware of the high volatility and associated risks of cryptocurrencies and should conduct their own research.
