• Polygon is planning to launch its hard fork on January 17.
• The hard fork aims to limit the increasing gas fee and address chain reorganization.
• The hard fork is expected to improve user experience and make the network run smoother.
Polygon, the proof-of-stake blockchain that has seen much success in the cryptocurrency space, is planning to launch its hard fork by the 17th of January. This hard fork is set to improve user experience and make the network run smoother.
The main goals of the hard fork are to reduce the gas fee surges that occur when the network experiences increased activity and to address chain reorganization. Gas fees are essential to the network, as they are used to pay miners and validate transactions. When the network experiences a surge of transactions, the gas fee can increase drastically, and this is something that the hard fork is set to prevent.
The hard fork also aims to address chain reorganization, which is when the blockchain reorganizes to adjust for a large number of transactions. Chain reorganization can cause some transactions to become invalid, and this can lead to confusion and delays in the network. The hard fork is set to reduce the frequency of these chain reorganizations, which should make the network run smoother.
The Polygon Governance Team has invited members of the community to discuss the changes to the network that the hard fork will bring. The team is hopeful that the hard fork will improve user experience, reduce gas fee surges, and decrease the frequency of chain reorganizations.
Overall, the hard fork is a positive development for the Polygon network and its users. The hard fork should make the network run smoother and make life easier for developers and users alike. We look forward to seeing what the hard fork will bring and how it will benefit the Polygon network and its users.