Monad is planning to reduce the consensus block time to 300 milliseconds to accelerate the block confirmation speed.

BlockBeats News, June 6th: The Monad development team at Category Labs has proposed MIP-12, suggesting to shorten the network consensus vote pace from the current 400 milliseconds to 300 milliseconds to accelerate block confirmation speed and consensus efficiency.

According to the proposal, the transaction cap will be reduced from 5000 to 3750 transactions, the block proposal Gas limit will be decreased from 200 million to 150 million, and the proposal byte limit will be lowered from 2 million bytes to 1.5 million bytes. Furthermore, to accommodate a more frequent block generation pace, the block reward will be reduced from 25 MON per block to 18 MON.

Category Labs stated that this adjustment will not impact the client execution, but due to the consensus layer parameter changes, it will require a hard fork to implement. The proposal mentioned that a faster voting pace will help expedite the formation of a quorum, thus achieving a faster block generation speed. The current status of MIP-12 is in the draft stage.