The average block interval duration has stayed around 2.9 seconds per block post upgrade.
Dynamic Lambda was first approved for the network on January 10th.
An updated protocol has reduced the time it takes to create a block on the layer-1 blockchain Algorand by almost 20%, bringing the average block time down to less than three seconds. With the release of the Dynamic Lambda (dynamic round times) update, the Algorand Foundation boasted improved network speed and faster throughput in a post on Twitter on January 17th.
Since the change, the average block interval duration has stayed around 2.9 seconds per block, according to block time data from Grafana. The average time it takes for an Ethereum block to be created is around 12 seconds. The average time to generate a block was around 3.3 seconds before the upgrade.
More Improvements Underway
Moreover, Algorand said that Dynamic Lambda, which was first approved for the network on January 10th, is an algorithm that modifies the finality o
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