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Polygon told Cointelegraph that the hard fork volition instrumentality effect astatine artifact 38,189,056, which volition beryllium initiated without the power of centralized actors.
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Ethereum layer-2 scaling solution Polygon volition acquisition a hard fork connected Jan. 17 successful bid to code state spikes and concatenation reorganizations issues that has affected idiosyncratic acquisition connected the Polygon proof-of-stake (POS) chain.
Polygon officially confirmed the hard fork lawsuit successful Jan. 12 a blog post, which came aft weeks of preliminary discussion connected Polygon Improvement Proposal (PIP) forum leafage successful precocious December.
GET READY FOR THE HARDFORK
The projected hardfork for the #Polygon PoS concatenation volition marque cardinal upgrades to the web connected Jan 17th.
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A Polygon spokesperson besides provided Cointelegraph with further details of the hard fork connected Jan. 14:
“The hard fork is coded for the Block >= 38,189,056. No centralized, azygous histrion is going to initiate it. Validators of the web person to update their nodes anterior to the indicated block, and they are already doing so.”87% of the 15 voters of the Polygon Governance Team voted successful favour of expanding the BaseFeeChangeDenominator relation from 8 to 16 to reduce state interest spikes and to alteration the SprintLength relation from 64 blocks to 16 successful bid to hole the concatenation reorganization problem.
In addressing the state spike issue, the Polygon Team explained that due to the fact that the basal interest terms often “experiences exponential spikes” erstwhile on-chain enactment increases rapidly, by expanding the denominator from 8 to 16, they judge “the maturation curve tin beryllium flattened” and frankincense “smooth terrible fluctuations” in state prices.
Recent state terms spikes connected the Polygon POS concatenation (blue) compared with Polygon’s data-driven expectations station hard fork (red). Source. Polygon.Related: Polygon tests zero-knowledge rollups, mainnet integration inbound
As for the concatenation reorganization problem, Polygon explained that by decreasing sprint length, transaction finality volition improve, allowing a azygous artifact shaper to adhd blocks continuously astatine a frequence of 32 seconds arsenic opposed to the existent clip of 128 seconds.
“The alteration volition not impact the full clip oregon fig of blocks a validator produces, truthful determination volition beryllium nary alteration successful rewards overall,” they added.
Chain reorganization occurs erstwhile a artifact is deleted from the blockchain to marque country for the new, longer concatenation to guarantee that each node operators person the aforesaid transcript of the ledger.
However, the reorganization indispensable proceed arsenic efficiently arsenic imaginable arsenic it increases the hazard of a 51% attack.
The Polygon Team besides confirmed that MATIC token holders and delegators volition not request to instrumentality enactment and that applications volition not beryllium affected during the hard fork.
The terms of Polygon’s token, MATIC is presently $0.977, up 13.6% since Polygon announced the quality connected Jan. 12.
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