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Reading: Celestia Launches Ginger Update to Enhance Network Performance
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COINTURK NEWS > Cryptocurrency News > Celestia Launches Ginger Update to Enhance Network Performance
Cryptocurrency News

Celestia Launches Ginger Update to Enhance Network Performance

In Brief

  • Celestia's Ginger update significantly boosts network speed and efficiency.

  • The TIA token's value reflects the positive market impact of these innovations.

  • Further scalability and features are expected to solidify Celestia's position among modular data networks.

Ömer Ergin
Ömer Ergin 7 months ago
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The modular data network Celestia has announced the Ginger update, a significant improvement aimed at enhancing network performance. Set to be implemented in November 2024, this update will reduce block times from 12 seconds to 6 seconds. This adjustment is expected to improve the network’s transaction volume and completion times, leading to a more efficient network.

Contents
Details of the Ginger UpdateTechnical Enhancements

Details of the Ginger Update

According to information shared on Celestia’s blog, the Ginger update will double the network’s data accessibility. This enhancement will allow users and developers to conduct transactions more quickly. As part of the update, the transaction size limit has been set at 2 MiB, and restrictions have been placed on the number of PayForBlobs (PFB) and non-PFB messages per block. Each block will support a maximum of 600 PFB and 200 non-PFB messages.

The Ginger update is expected to be activated at block 2348907. Based on the estimated block time, the update should go live in November. Following the transition to the Mocha testnet, full integration into the main network is planned for December. This step lays the groundwork for further scalability, including potentially increasing block size to 8 MB every 6 seconds in the future.

Technical Enhancements

The Ginger update will also enable Celestia to use BBR (Bottleneck Bandwidth and Round-trip propagation time) congestion control by default. This adjustment will enhance efficiency in real-world peer-to-peer networks, especially for large data transmissions. Additionally, the transaction validation process will be accelerated, improving the network’s overall transaction capacity.

Following recent updates and a completed funding round of $100 million, predictions suggest that the TIA price could soon reach $10. At the time of writing, the TIA price had risen by 6% to $6.06, slightly below the resistance level of $6.5. This price increase aligns with growing optimism regarding the anticipated benefits of the update.

The Ginger update is seen as a key part of Celestia’s goals to enhance network performance and reach a broader audience. The strengthened technical infrastructure will increase the network’s appeal to both existing users and new developers.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Ömer Ergin 25 October, 2024 - 5:01 am 25 October, 2024 - 5:01 am
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