Cardano Millionaire Whales Have Increased Holdings by 40% in January: Details

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Cardano Millionaire Whales Have Increased Holdings by 40% in January: Details
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Cardano (ADA) seems to be seeing accumulation from millionaire whales CardanoADA $ADA ADA

notes that Cardano will continue to be steadily optimized in a series of measured steps, carefully scaling Cardano for future growth as demand increases. The changes introduced by the release of node 1.33.0 in early January permitted changes to some network parameters, including block size and memory units. IOHK recently announced that the blockchain's block size is on track to increase by 11% as part of its network optimization efforts.

The total block size will grow to 80 KB from the current size of 72 KB, implying that Cardano's blocks may now be able to carry more transactions. Pipelining, an improvement to the consensus layer that facilitates faster block propagation, is also one of the key scaling improvements to be deployed in 2022.

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