Today we are talking about a parameter that is as old as currency and money itself. Our parameter today is the ‘**monetary_expand_rate**.’ This is the parameter that controls the rate at which Ada in reserve is put into circulation. Cardano’s currency has a fixed supply of 45 billion. However, not all 45 billion is available to the public to use. Initially, just over 31 Billion was released. The remaining amount was put into a reserve. Every five days, when incentivisation...

As of this publication, Cardano has around 30 network parameters. These parameters are the mechanisms that control how the Cardano Blockchain works. Today, we are talking about one of the oldest parameters, the Decentralization parameter - also known as the **“D” parameter.** While the ‘D’ parameter has now been retired, it’s an interesting part of the origin story of Cardano. ## So what was it for? Every blockchain starts with a few people turning on the network. Then, slowly, others...

As of this publication, Cardano has around 30 network parameters. Parameters are the mechanisms that control how the Cardano Blockchain works. Some parameters have existed since Cardano launched. Some parameters, like the decentralization parameter, get removed. Other times new parameters are added. Even more often, the value of a parameter gets changed. **Our parameter today is epoch_no.** This parameter tells the system when other parameter changes should take effect. In Cardano, most changes happen at the beginning of an...

As of this recording, Cardano has around 30 network parameters. Parameters are the mechanisms that control HOW the Cardano Blockchain works. **Today we are talking about the max_tx_size parameter.** In episode 5 we learned about the parameter that controls how big each block that’s added to the Cardano blockchain can be. The other parameter that controls how much and what kinds of data can be stored on the Cardano blockchain is the max_tx_size, or the Max Transaction Size. The **max_tx_size**...

As of this recording, Cardano has around 30 network parameters. These parameters are the mechanisms that control how the Cardano Blockchain works. **Today we are talking about the *pool_deposit* parameter.** Cardano, unlike Bitcoin, is a Proof-of-Stake blockchain. On bitcoin, the blockchain is secured by expensive computer hardware using lots of electricity. These machines are distributed across the planet. Every time new data needs to be stored, 51% or more consensus is required among this global network of devices. The idea...

As of this publication, Cardano has around 30 network parameters. Parameters are the mechanisms that control HOW the Cardano Blockchain works. **Today we are talking about the max_block_size parameter.** Blockchain systems work by taking many different pieces of data, putting them into a digital box or “block,” applying some labels and metadata to that block, and ultimately replicating that assembled block across many, many computers. On Cardano, a new block is replicated across over 3000 computers worldwide every 20 seconds...

As of this recording, Cardano has around 30 network parameters. Parameters are the mechanisms that control how the Cardano Blockchain works. Today we are talking about a parameter that affects every ada holder wishing to actively contribute to the security of Cardano. Our parameter today is the key_deposit parameter. Before we define this parameter, let’s set the stage: Cardano is a proof-of-stake blockchain. This means that to participate in keeping the network secure, you don’t need to buy special computer...

As of this recording, Cardano has around 30 network parameters. These parameters are the mechanisms that control how the Cardano Blockchain works. **Today we are talking about a parameter that drives a lot of the day-to-day activity for the Cardano network and Community.** This parameter is the **‘epoch_length.’** ## Epochs First, what is an epoch? Put simply, an epoch is a unit of time. The earth’s epochs are geological periods measured in tens of thousands of years. We are currently...

Any sophisticated computing system needs precise rules to manage resource allocation. Think about it – processing power, storage, and time are all valuable resources. They must be doled out fairly, and in a way that allows the system to work for everyone. Blockchain networks are no different. Consider these questions: + What should happen when someone submits a smart contract that is written in a way that it could consume unlimited resources? + How do you ensure the network remains...

Cardano has around 30 network parameters. Parameters are the mechanisms that control how the Cardano Blockchain works. Today, we are exploring a parameter that serves as the foundation of Cardano's economic security model. Our parameter for the day is the **min_fee_b** parameter. In a previous installment in the series we wrote about its counterpart [**min_fee_a**](https://www.lidonation.com/en/posts/min-fee-a/). Unlike min_fee_a, which scales with transaction size, **min_fee_b** is more fundamental: the baseline cost that every single transaction must pay, regardless of its size or...

Cardano has around 30 network parameters. Parameters are the mechanisms that control how the Cardano Blockchain works. Today, we are digging into a mechanism that plays an essential role in the Cardano transaction model. Our parameter for the day is the 'min_fee_a' parameter. At first glance, the naming might sound enigmatic, but the min_fee_a parameter plays a foundational role almost every time you sign a transaction. When a transaction is made on the Cardano network, a certain fee is associated...

Cardano has around 30 network parameters. Parameters are the mechanisms that control how the Cardano Blockchain works. Today we are talking about a parameter that every Ada holder should be aware of: ‘pool_retire_max_epoch’ or 'e_max.' Cardano stake pools are computer servers operated by individuals and entities around the world as part of a global connected permissionless network. This decentralized network processes transactions for Cardano, forming the Cardano blockchain. It is permissionless because anyone can set up a server and join...

Cardano has over 40 network, economic, technical, and governance parameters. Some are updatable others are not unless you’re spinning up your own private Cardano chain in your lab. Most of the time, these parameters just run quietly in the background without fuss or controversy. A handful of them, however, spark lots of debate. https://www.lidonation.com/en/posts/optimal-pool-count/, is one famously polarizing parameter. Our parameter today, **pool_pledge_influence** (aka a₀ pronounced “a naught”), also falls in this small group of notoriously controversial parameters. ### Understanding...

The Cardano blockchain has over 40 parameters. These parameters let the community adjust to the system to changing technology and ecosystem needs. In a previous article we covered the [protocol_major](https://www.lidonation.com/en/posts/protocol-major-version/) , the parent parameter of sort to our parameter of the day. Today we will be looking at the protocol_minor. ## What is a Protocol Minor Parameter? The Cardano protocol is an abstraction around many (not all) of the rules that that nodes in the network agree to follow. Versioning...

The Cardano Blockchain has over 40 parameters that lets you tune the system to work on a wide range of applications. In this installment of our series to explore these parameters, we will be covering the max transaction execution steps, aka the **max_tx_ex_steps** network parameter. In a previous article we covered the [max_block_ex_steps](https://www.lidonation.com/en/posts/max-block-ex-steps/ ), the parent parameter of sort to our parameter of the day. ## What is max_tx_ex_steps? Both **max_tx_ex_steps** and its parent max_tx_block_steps defines the upper limit on...