tl;dr
Celestia, a modular data network, has announced the upcoming Ginger upgrade, set to go live in November 2024. This enhancement will reduce block times from 12 seconds to 6 seconds, improving transaction speed and finality times. The upgrade introduces new features, such as a transaction size limit o...
Celestia, a modular data network, has announced the upcoming Ginger upgrade, set to go live in November 2024. This enhancement will reduce block times from 12 seconds to 6 seconds, improving transaction speed and finality times. The upgrade introduces new features, such as a transaction size limit of 2 MiB and limits on the number of PayForBlobs (PFB) and non-PFB messages per block. It also includes technical enhancements and shifts to default use of BBR congestion control, aiming to improve network throughput.
Analysts foresee a potential TIA price increase to $10 following the upgrade, with the current price at $6.06, reflecting growing optimism and resilience in the network. The Ginger upgrade, set to go live in November 2024, will reduce block times from 12 seconds to 6 seconds, doubling data availability throughput and introducing new features.
The upgrade sets the stage for further scalability, with potential community governance increasing the block size to 8 MB every 6 seconds in the future. Ginger upgrade introduces default use of BBR congestion control and streamlines transaction validation for rollups through CIP-21.
Celestia, a modular data network, has announced its upcoming Ginger upgrade, a key network enhancement that will improve transaction speed and finality times. The Ginger upgrade, set to go live in November 2024, will reduce block times from 12 seconds to 6 seconds. This will enable the network to process transactions more efficiently.
In a recent blog post, Celestia unveiled details about the Ginger upgrade, which will bring notable improvements to the network’s performance. The upgrade will double the network’s data availability throughput by reducing block times from 12 seconds to 6 seconds. This change will enable faster transaction processing and finality, making the network more efficient for users and developers.
Moreover, the Ginger upgrade will introduce new features such as a transaction size limit of 2 MiB and limits on the number of PayForBlobs (PFB) and non-PFB messages per block. Specifically, each block will support up to 600 PFB and 200 non-PFB messages.
Additionally, Celestia will activate this upgrade at Arabica height 2348907, expected in November 2024. It will transition to the public Mocha testnet before being fully integrated into the mainnet in December. The upgrade sets the stage for further scalability, with community governance potentially increasing the block size to 8 MB every 6 seconds in the future.
The Ginger upgrade also introduces Celestia’s shift to a default use of BBR (Bottleneck Bandwidth and Round-trip propagation time) congestion control. This adjustment will boost throughput in real-world peer-to-peer networks, especially when sending large amounts of data.
In addition to these changes, the upgrade will streamline transaction validation for rollups through CIP-21, which introduces blob types with verified signers. This further reduces processing time and improves network throughput.
Following the increased network upgrades and the recent $100 million funding round, Analysts foresee TIA price prediction could reach $10 soon. At press time TIA Price saw a 6% increase, rising to $6.06, just below its $6.5 resistance. This price surge coincides with growing optimism following the anticipated benefits of the upgrade. The token’s value remains 60% above its lowest level this year, reflecting the network’s continued resilience.
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More about Atomera Inc
Company: Atomera Incorporated
Business Focus: Develops, markets, and licenses proprietary materials, processes, and technologies for the semiconductor industry
Operating Regions: North America, Europe, and Asia Pacific
Headquarters: Los Gatos, California
Industry: Manufacturing, Semiconductors & Related Devices
NAICS Code: 93701000
Revenue: $640,000
Net Income: $7
EPS (Earnings Per Share): -$0.73
Price Change (52 Weeks): 0.025
Employees: 109
More about C3 Ai Inc
Company: C3 Ai Inc
Stock Ticker: C3
Sector: Technology
Industry: Services-Prepackaged Software
Market Cap: 3102146000
Dividend Yield: None
Price/Earnings (P/E) Ratio: None
EPS: -2.28
ROI: 2.674
Beta: -0.855
Volume: 325433000
Current Stock Price: $25.11
50-Day Moving Average: $0
200-Day Moving Average: $0
Relative Strength Index (RSI): 0.205