Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
No Result
View All Result

Polygon upgrade to address gas-fee spikes and chain reorgs

CryptoExpert by CryptoExpert
January 18, 2023
in Ethereum News
0
Polygon upgrade to address gas-fee spikes and chain reorgs
  • Facebook
  • Twitter
  • Pinterest


Polygon announced the scheduled hard fork had succeeded on Tuesday, 17 January, 2023.
The software upgrades will help address the issue of gas-fee spikes and potentially disruptive chain reorganizations.
Polygon is looking at other technical upgrades such as zkEVM and parallelization as the team eyes further improvements to the network.

Polygon, the Web3 infrastructure platform built on Ethereum, has successfully completed its scheduled mainnet upgrade, according to an announcement from the team behind the blockchain project.

Upgrade to help boost Polygon performance

The proof-of-stake (PoS) upgrade is a hard fork that the community approved in a recent vote, with the implementation aimed at reducing gas fees spikes on the Ethereum scaling solution. With the hard fork it means that although the network could still see spiking gas fees during peak demand sessions, this will now more likely mirror Ethereum’s current gas dynamics.

According to the Polygon team, the upgrade will smooth out any gas fee spikes and allow for seamless interaction with the chain.

okex

The software update is also meant to address chain reorganizations, or “reorgs”, which can impact transaction finality and be disruptive to the chain.

Polygon highlighted the above proposals in a post published on 12 January.

Alongside the completed hard fork that is set to boost network performance and predictability, there are longer-term targets still aimed at making the blockchain protocol ideal for a growing community of users. These will include technical upgrades such as parallelization and Polygon zkEVM being worked on.

Major Web3 projects such as Uniswap and Aave are on the Polygon PoS chain, along with thousands of other decentralised applications (dApps). The chain has registered more than 207 million unique addresses and processed over 2.3 billion transactions.

Share this articleCategoriesTags



Source link

You might also like

Senator Lummis says with CLARITY “your crypto stays yours”

Grayscale Plans Quarterly ETH, SOL Staking Reward Payouts

Chainlink Labs Exec Says CLARITY Act Could Unlock Institutional Crypto

  • Facebook
  • Twitter
  • Pinterest
Tags: Ethereum
CryptoExpert

CryptoExpert

Recommended For You

Senator Lummis says with CLARITY “your crypto stays yours”

by CryptoExpert
July 22, 2026
0
Liam 'Akiba' Wright

When Celsius collapsed, its Earn customers learned that the crypto in their accounts belonged to the bankruptcy estate, not to them. Sen. Cynthia Lummis cast the CLARITY Act...

Read more

Grayscale Plans Quarterly ETH, SOL Staking Reward Payouts

by CryptoExpert
July 21, 2026
0
Cointelegraph

Asset manager Grayscale plans to establish regular cash distributions from rewards generated by its Ether (ETH) and Solana (SOL) staking exchange-traded products (ETPs), giving holders recurring access to...

Read more

Chainlink Labs Exec Says CLARITY Act Could Unlock Institutional Crypto

by CryptoExpert
July 20, 2026
0
Ripple Turns Up Pressure On SEC Over Crypto Rules

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Chainlink Labs executive Andrew McCormick has framed the CLARITY Act as a major potential unlock...

Read more

China found a $125 billion escape valve for an economy running out of momentum

by CryptoExpert
July 19, 2026
0
Andjela Radmilac

China’s June trade numbers and second-quarter growth numbers looked strong if you look at them one at a time. However, when you put them together, they describe an...

Read more

Dogecoin Holds Key Levels As Retail Trading Cools Off

by CryptoExpert
July 18, 2026
0
Dogecoin

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Dogecoin is still holding important chart levels, but the retail energy behind the trade has...

Read more
Next Post
Alchemy Pay gained 50% against the US dollar yesterday

Alchemy Pay gained 50% against the US dollar yesterday

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 65,408.00
ethereum
Ethereum (ETH) $ 1,914.77
tether
Tether (USDT) $ 0.999436
bnb
BNB (BNB) $ 569.37
usd-coin
USDC (USDC) $ 0.999831
xrp
XRP (XRP) $ 1.13
solana
Solana (SOL) $ 77.14
tron
TRON (TRX) $ 0.329162
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.00
staked-ether
Lido Staked Ether (STETH) $ 2,265.05

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?