Layer-1 blockchain Algorand recently went live with its Dynamic Lambda or “dynamic round times” update, which touts higher throughput and increased network performance.
Block creation times on the layer-1 blockchain Algorand have been cut by roughly 20% after a newly implemented protocol update, with average block times now averaging below three seconds.
In a Jan. 17 X (Twitter) post, the Algorand Foundation announced that the update — called Dynamic round times or Dynamic Lambda — had gone live, touting higher throughput and increased network performance.
Block time data from Grafana shows the average block interval time dropped below three seconds and has hovered around 2.9 seconds per block since the update. In comparison, Ethereum block times average around 12 seconds.
