We’re excited to announce the successful implementation of asynchronous backing on the Moonbeam Network, which has effectively reduced block times to 6️⃣ seconds!
→ Faster Block Times on Moonbeam Network
→ Enhanced Throughput Capacity
→ New Opportunities
This upgrade significantly boosts Moonbeam’s throughput capacity, allowing the network to handle even more on-chain activity, ensuring a smoother and more efficient experience for all users and developers.
✨ Key Highlights ✨
⏱️ 6-Second Block Times:
Transactions are confirmed faster, enhancing the user experience.
✦ With asynchronous backing, Moonbeam’s throughput has doubled.
✦ The reduction in block time from 12 seconds to 6 seconds means more transactions can be processed in a shorter amount of time, making our network more robust and capable of handling higher traffic volumes.
🧑💻 Improved User and Developer Experience:
More efficient block production and transaction validation lead to smoother operations and new opportunities for dApp development.
✦ This improved responsiveness unlocks new use cases that require faster confirmation times, such as payments and trading.
✦ Developers can now create applications needing rapid transaction finality, opening the door for innovative decentralized applications (dApps) that were previously limited by longer block times.
This upgrade marks a significant milestone in our journey towards making Moonbeam a more powerful and versatile network for all its users.
Let’s keep building and advancing Web3 together on the Moonbeam Network! 🌟
