The blockchain network Polygon recently launched its latest protocol upgrade - the Madhugiri hard fork, which aims to increase network throughput by 33% and reduce block consensus time to one second.
Polygon core developer Krishang Shah pointed out on the X platform that this update includes support for three Fusaka Ethereum Improvement Proposals, specifically EIP-7823, EIP-7825, and EIP-7883. These proposals enhance efficiency and security by limiting the gas consumption of complex mathematical operations.
These improvements also prevent individual transactions from consuming excessive computational resources, contributing to a smoother and more predictable network operation.
The upgrade introduces a new type of transaction specifically designed for bridging traffic from Ethereum to Polygon, and adds built-in flexibility features for future upgrades. Polygon previously stated that this update makes increasing throughput as simple as "flipping a few switches."
"We have also reduced the consensus time to 1 second, which means blocks can now be announced within 1 second when they are ready, without having to wait the full 2 seconds," Shah wrote in the announcement.
With the official launch of Madhugiri, Polygon aims to strengthen its infrastructure while significantly enhancing network performance. These optimizations are prerequisites for high-frequency and high-trust use cases, particularly targeting RWA tokenization and stablecoin applications.
Aishwary Gupta, head of global payments and RWA at Polygon Labs, previously predicted the emergence of a "stablecoin supercycle."
Gupta stated, "In the next five years, at least 100,000 stablecoins will emerge." He emphasized that this is not just about the process of minting tokens, but they must also have corresponding utility benefits.
Gupta also strongly advocated for increased transparency and accountability in the RWA space. He previously pointed out that if assets cannot be audited, settled, or traded, the digital metrics of RWA are meaningless.
"Once transparency and accountability are established, RWA will reach a higher level of development, potentially unlocking trillions of institutional capital," he wrote in his analysis.
This upgrade builds on previous rapid improvements. On July 10, Polygon deployed Heimdall 2.0, which Polygon Foundation CEO Sandeep Nailwal described as the "most technically complex" hard fork since the network's launch.
The update successfully reduced the final confirmation time for transactions from one to two minutes to approximately five seconds.
However, on September 10, the network experienced a significant disruption, with a technical glitch causing final confirmation delays of 10 to 15 minutes, affecting validator synchronization, remote procedure call services, and third-party tool functionalities. Nevertheless, the technical team assured the community that blocks continued to run.
On September 11, the Polygon Foundation announced that consensus and final confirmation functions were successfully restored through the hard fork. With the update deployed, nodes were no longer in a stalled state, and checkpoints and milestones were completed with final confirmation as expected.
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Original: “Polygon Deploys Madhugiri Hard Fork, Aiming for 33% Increase in Transaction Throughput”
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