Polygon’s Madhugiri hard fork goes live on December 9, boosting network throughput by 33%, reducing block consensus time to one second. The post Here’s What Polygon’s Madhugiri Hardfork Has to Offer appeared first on Coinspeaker.Polygon’s Madhugiri hard fork goes live on December 9, boosting network throughput by 33%, reducing block consensus time to one second. The post Here’s What Polygon’s Madhugiri Hardfork Has to Offer appeared first on Coinspeaker.

Here’s What Polygon’s Madhugiri Hardfork Has to Offer

2025/12/10 00:07

On December 9, the Polygon POL $0.13 24h volatility: 3.5% Market cap: $1.36 B Vol. 24h: $65.87 M blockchain network is set to undergo an important protocol upgrade, dubbed the Madhugiri hard fork.

This upgrade will improve the network throughput by 33% and will reduce the block consensus time to just one second. Investors are curious as the upgrade brings support for Ethereum’s ETH $3 332 24h volatility: 6.8% Market cap: $400.58 B Vol. 24h: $27.68 B newly introduced Fusaka upgrade.

Polygon Madhugiri Hardfork Supports Ethereum Fusaka EIPs

Krishang Shah, the core developer at Polygon announced that the latest update through Madhugiri hardfork introduces support for three Fusaka Ethereum Improvement Proposals, EIP-7823, EIP-7825, and EIP-7883.

The proposals are designed to make complex mathematical operations more efficient and secure by capping their gas consumption.

According to Shah, the changes also prevent individual transactions from using excessive computing power. As a result, it improves overall network stability and predictability.

Support for Stablecoins and RWAs

With Madhugiri now live, Polygon aims to strengthen its infrastructure while significantly boosting network performance.

It also plans to add support for high-frequency and high-trust applications, such as real-world asset (RWA) tokenization and stablecoins.

Aishwary Gupta, Polygon Labs’ global head of payments and RWAs, has previously predicted a “stablecoin supercycle,” forecasting the creation of “at least 100,000 stablecoins” over the next five years.

He emphasized that this growth must go beyond token issuance, noting that each stablecoin must provide meaningful utility and yield.

Gupta has also called for greater transparency and accountability in the RWA sector. He argued that RWA figures hold little value if the underlying assets cannot be audited, settled, or traded. “When transparency and accountability are established, RWAs will reach even greater heights, unlocking trillions in institutional capital,” said Gupta.

Polygon has continued to expand its market presence, especially via its decentralized prediction market platform, Polymarket.

On the other hand, financial giant Mastercard announced that it has selected Polygon Labs’ POL network to enable verified username-based transfers across self-custody wallets.

next

The post Here’s What Polygon’s Madhugiri Hardfork Has to Offer appeared first on Coinspeaker.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Twenty One Capital’s NYSE debut sees 20% fall – What scared investors?

Twenty One Capital’s NYSE debut sees 20% fall – What scared investors?

The post Twenty One Capital’s NYSE debut sees 20% fall – What scared investors? appeared on BitcoinEthereumNews.com. The much-anticipated New York Stock Exchange (NYSE) debut of Twenty One Capital, was immediately met with a harsh market reality check on the first day. Trading under the ticker XXI, Twenty One Capital is a Bitcoin-native firm backed by power players like Tether, Bitfinex, and SoftBank,  Shares of the crypto treasury company plunged by nearly 20% on 09 December, following the completion of its SPAC merger with Cantor Equity Partners. CEO Jack Mallers on Twenty One Capital While CEO Jack Mallers has publicly insisted the firm is building beyond simple Bitcoin accumulation, focusing on “utility services” and a corporate architecture for new financial products, investors might be unconvinced. The massive drop, which saw the stock open at $10.74 and close at $11.42, suggested that Wall Street is doing more than just pricing in the broader pressure on crypto-related stocks. Remarking on the same in an interview, CEO Maller noted, “Yes, we own a lot of bitcoin. Yes, we’re going to acquire as much as we possibly can, but we’re also about to launch a ton of business lines and produce profit that’s related to bitcoin, and that’s a lot of why we created the company in the first place.” What impact did it have? Needless to say, the aforementioned fall hinted at a stunning and highly publicized valuation paradox. According to Reuters’ calculations, the company’s core asset, a massive Bitcoin [BTC] treasury, is alone worth more than $3.97 billion, based on Bitcoin’s closing price of $91,350. The fact that the newly public equity is trading at a significant discount to its underlying Bitcoin holdings spotlights Wall Street’s deeply cautious position on crypto-linked vehicles. This skepticism has been compounded by the deal’s structure – A merger with Cantor Equity Partners (CEP), a Special Purpose Acquisition Company (SPAC) backed by institutional powerhouse…
Share
BitcoinEthereumNews2025/12/11 15:15