Wu Blockchain has learned that Polymarket is currently running on the Polygon chain and has previously drawn widespread user attention due to issues like transaction delays and cancellations. In response, Polymarket's newly appointed VP of DeFi Engineering, Josh Stevens, shared a post acknowledging that the platform's business growth has far exceeded the capacity of its infrastructure. The team is now pushing forward with several major technical upgrades. Key initiatives include: planning a chain migration to achieve lower gas fees and shorter block times; a complete overhaul of the central limit order book; the upcoming launch of perpetual contracts based on new smart contracts and a Rust backend; fixing the 'transaction cancellation' issue; and developing brand-new smart contracts along with a unified API. Stevens has promised to release weekly engineering progress updates starting next Friday to enhance transparency. https://(wublock123.com)/news/polymarket-infrastructure-lags-rebuild-clob-migrating-chains-60081