Scheduled for January 17, Polygon‘s blockchain hard fork includes gas spikes and chain reorganization.
Polygon Hard Fork Plans
Polygon, which emerged as an Ethereum scaling project, has been on the agenda for the Proof of Stake (PoS) blockchain since December 2022. According to a recent announcement, its hard fork will take place on January 17th. This software update will include gas spikes and a reorganization of the chain.
Statement
In the statement made by Polygon, the following was mentioned; “Although gas will still increase during peak demand, it will be more in line with the way Ethereum gas dynamics work now. The goal is to smooth out spikes and ensure a more seamless experience when interacting with the chain.”
Focus on Gas Fees
In the announcement made, it was noted that the first change in the new fork is to focus on adjustments to gas fees. The second change involves adjustments that may occur when the validator node, one of the computers running the Polygon blockchain, receives information that temporarily creates a new version of the blockchain. This situation makes it difficult to unambiguously verify whether a transaction is accurate. The reason is that it requires nodes to decide which chain is correct.
Block Period
Aiming to avoid constant reorganization, Polygon wants to reduce the time it takes to terminate a block to verify successful transactions. The plan is to reduce its sprint length from 64 to 16 blocks. This means that the block generator will be able to generate blocks for a much shorter period.
About Polygon
It is a “layer two” or “sidechain” scaling solution that runs alongside the Ethereum blockchain, allowing for fast transactions and low fees. MATIC is the network’s native cryptocurrency used for fees, staking, and more.
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