Popular cryptocurrency project Polygon (MATIC) has completed its hard fork, which includes significant changes to the network.
Polygon team, your hard fork has been successfully announced. Approved by the community in December Containing 2 offers With this update, the network’s transaction fees will be kept under control during peak periods of activity and the time needed for reorganizations (Reorg) will be shortened.
developer team Polygon LabsAccording to the social media post shared by network update TSI on tuesday at 13:45 Completed.
Looking at the details of the hard fork, the innovation made especially in network fees users seems pleasing. on the network high demand exceeding normal when transaction fees In this way, it will be brought under control and even in cases where activities increase, thanks to this new mechanism low transaction fees will be provided. From a numerical perspective, with this update 12.5% current base transaction fee rate 6.25%It has been reduced to .
secondarily activated Reorg solution means shortening the time it takes to complete a block on the network. In this way, a validator node on the network when (node) wants to complete long-term relapse It aims to shorten the editing process.
According to CoinGecko data MATIC in the last week 17.4% rise performed and at the time of writing the news from $1.01 is being traded.