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Polygon Activates Madhugiri Hardfork

Polygon Activates Madhugiri Hardfork

Polygon's Madhugiri update boosts throughput by 33% and reduces consensus time to one second.

The team behind the Polygon network has deployed a protocol update named Madhugiri. The upgrade aims to increase the blockchain’s throughput by 33% and reduce block consensus time to one second.

According to Polygon’s lead developer Krishang Shah, the hardfork includes support for three Ethereum Improvement Proposals: 7823, 7825, and 7883.

The changes enhance the efficiency and security of complex mathematical operations by limiting gas consumption. This mechanism prevents computational overload from individual “heavy” transactions.

The update introduces a new transaction type for the Ethereum to Polygon bridge. The network architecture has become more flexible for future upgrades. Shah noted that blocks can now be announced in one second instead of two.

Additionally, Madhugiri strengthens the infrastructure for working with stablecoins and tokenized real-world assets

Aishwari Gupta, head of payments at Polygon Labs, considers these improvements essential for high-frequency operations. In an interview with The Fintech Times, he predicted a “stablecoin supercycle.”

In November, Gupta predicted the emergence of 100,000 stablecoins by 2029.

In July, Polygon deployed the Heimdall 2.0 hardfork, which reduced transaction finalization time. In September, the network faced issues, but the problem was promptly resolved with a subsequent update.

In October, the Polygon Labs team activated the Rio update, which increased the mainnet’s performance to 5000 TPS.

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