🚀 BandChain has recently experienced high growth in usage

Question

Yash Poojari (🅑) | WON'T ASK FOR FUNDS NOR DM YOU FIRST

🚀 BandChain has recently experienced high growth in usage

from partnering DApps such as Mirror Protocol and Injective, resulting in requests reaching up to 80% of block capacity.

To accommodate this growth in usage, we are proposing BCIP-6: Increase Block Capacity through Request Gas Parameter

⚡️ If the proposal passes, BandChain capacity to process requests by approximately 25% – making requests and transactions faster.

⛳️ BandChain team is constantly working to improve to meet the demands for oracle solutions in Web3 ecosystem, and will be committed to building a secure, reliable and scalable oracle solutions for the community.

Official Announcement 👉
https://medium.com/bandprotocol/bcip-6-increase-block-capacity-through-request-gas-parameter-4249f9291b57
Spread the word 👉 https://twitter.com/BandProtocol/status/1492021186217541632?s=20&t=ghJ5sCnS9ixqGwzRxQgbTQ

—————————————————

Recent Band Protocol Developments:
🔸 Band Protocol successfully launches Phase 2: Laozi
🔸 Band Protocol is now live on Celo’s Mobile-First DeFi Platform
🔸 Band Protocol partners with OASIS to Bring Open Finance to Mass Market
🔸 BandChain’s IBC Oracle Enables Injective to Launch the World’s First Decentralized Derivatives Markets
🔸 Band Protocol now live on Mooriver to bolster its ecosystem's scalability

#bandprotocol #cryptocurrency #english

0

14.02.2022

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Yash Poojari (🅑) | WON'T ASK FOR FUNDS NOR DM YOU FIRST Автор вопроса

Rob TB
This is a nice problem to have, but it does beg th...

The only issue is during peak hours when the request fills up to 80-90% of the block capacity which the team is trying to resolve by reducing the "request gas parameter" which will increase the Bandchain capacity to process requests by approx 25%.

0

15.02.2022

Rob TB · Accepted Answer

This is a nice problem to have, but it does beg the question of availability as requests (as we all hope) continue to grow rapidly into the future. Would I be right in supposing that as this extra capacity is utilised by additional requests, we will again need to find a way to further increase block capacity? And would that increase come from a potential block size increase, and if it did, would that have any impacts on block generation time (and thus finality)? Thanks!

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🚀 BandChain has recently experienced high growth in usage

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