On January 17, the creators of the Polygon PoS blockchain recommended the introduction of a network hard fork.
The Polygon PoS blockchain developers recommended a hard fork software update to mitigate gas spikes and improve the security of sidechain network blocks.
The developers at Polygon Labs aim to implement the update on January 17, according to a letter shared with The Block. If accepted by the community, the hard fork would try to lessen the effect of transaction fee spikes and chain reorganizations, hence claiming to enhance the performance and security of Polygon.
The improvement is part of a larger effort to enhance the technological capabilities of the Polygon side chain, which includes parallelization and Polygon zkEVM. Polygon PoS operates simultaneously with Ethereum and hosts some of the largest Web3 projects, such as Uniswap and Aave, as well as significant corporations, such as Robinhood, Adobe, and Stripe.
The primary objective of the hard fork is to increase Polygon’s resistance to restructuring. A chain rearrangement, or “reorg,” happens when a new version of the blockchain is established by temporarily deviating from the prior version. The Polygon PoS chain is susceptible to reorgs, which occur when nodes achieving consensus at different periods cause blocks to be overwritten.
In order to address this problem developers deploy techniques to shorten the time required for block finality in terms of confirming completed transactions. The update aims to shorten sprint duration, which would reduce the likelihood of a secondary or tertiary validator producing blocks, leading to fewer reorgs overall.
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Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.
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