Polygon has made a big move in cementing its mission as one of the leading global payments blockchain infrastructures by deploying a significant network upgrade earlier today designed to drastically increase throughput and chain capacity. Adding this feature raises the gas limit of the network to 140 million, greatly extending Polygon’s capacity to scale processing and raising its maximum throughput over 3,800 TPS. This represents a further step in Polygon’s strategy to establish itself as a blockchain able to power mass-market financial activities – retail payments, institutional settlements, or high-frequency decentralized applications and so on but still at cost-efficient scale.
The post Polygon Raises Network Capacity To 140M Gas appeared first on The Merkle News.
]]>
Users typically leave an application that does not respond within three seconds, and Web3 apps can have load times of up to 20 seconds.
]]>
The recent surge in transactional activity on Aptos is attributed to the launch of Tapos Cat, a new tap-to-earn game that has gained rapid popularity.
]]>
Sui, a scalability-focused blockchain, has surpassed Solana, a top 10 cryptocurrency network, in activity levels, registering 41 million transactions on April 3. The activity overheating on Sui is caused by ‘spam’, a Sui native token designed to stress test the network’s capabilities, assigning tokens to users equivalent to the number of transactions issued. Sui Surpasses […]
]]>
Ava Labs is testing a high-throughput framework that will enable developers to build their own virtual machines.
]]>
The Solana network is seeing steady improvements in performance and reliability as outages become more infrequent.
Powered by WPeMatico
]]>
Starknet’s latest upgrade will scale the ZK rollup’s throughput by 50X or more. But capacity is very different to real world usage.
Powered by WPeMatico
]]>
Developers love to tout the number of transactions that blockchains can process per second. Unfortunately, that fixation often distracts from other important issues — such as network security.
Powered by WPeMatico
]]>
The Solana smart contract token network experienced a technical glitch on Saturday, February 25, 2023, known as a “large forking event,” causing transaction failures for some users. Solana’s incident report referred to it as “cluster instability” and indicated that a coordinated restart was launched to accelerate block finalization. Solana Blockchain Deals With ‘Large Forking Event’ […]
Powered by WPeMatico
]]>
On February 12, the founder of the now-defunct file-sharing website Megaupload and cryptocurrency proponent, Kim Dotcom tweeted about a new website he created that shows the upside of bitcoin cash. The web portal whybitcoincash.com highlights why people should join the digital money revolution and how “cryptocurrencies stand to transform the way business and individuals exchange […]
Powered by WPeMatico
]]>