Add governance transaction for epoch length adjustment #312
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jordanschalm
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vishalchangrani
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bjartek,
bluesign,
Kay-Zee,
joshuahannan,
KshitijChaudhary666 and
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KshitijChaudhary666
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Aug 20, 2024
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| The DKG phase length is currently 2000 views on Mainnet. | ||
| The consensus block rate is increasing by (1.25-0.8)/(0.8)=0.56 -> 56%. | ||
| In order to maintain a similar wall-clock time, we increase the DKG phase length by 50%, and set: |
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Should it not increase by 56% instead of 50%?
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There isn't a "correct" duration for the DKG, so we don't need to be exact here. We don't want the wallclock time to decrease by 50%, but it doesn't need to be exactly the same. That's why we pick round numbers near (2000)(1.56).
jordanschalm
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Aug 20, 2024
joshuahannan
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Aug 22, 2024
AlexHentschel
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Aug 27, 2024
why ? ( not that I disagree ) but I think README should explain why we want 1.25 instead of 0.8. |
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Co-authored-by: Alexander Hentschel <[email protected]>
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Closing as the transactions have been copied to #318, which includes all governance transactions associated with Crescendo. |
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This service account transaction updates the epoch length to increase the block rate,
taking advantage of performance improvements. It also enables FLIP204 - Smart-Contract-Specified Epoch Switchover Timing on Mainnet.
Currently, Mainnet runs at ~0.8 blocks/second. After this change, it will run at 1.25 blocks/second.
Further details in the README in the diff.