Polygon Hard Fork Ahead — Binance to Temporarily Halt Deposits and Withdrawals

Polygon Hard Fork Ahead — Binance to Temporarily Halt Deposits and Withdrawals
Table of Contents

TL;DR

  • Polygon will carry out a deep network upgrade that requires a temporary pause of deposits and withdrawals on Binance to ensure stability.
  • Users will be able to continue trading normally on the exchange, although they will not be able to move funds on-chain while the network adjusts its validation logic.
  • The upgrade will activate at block 80,084,800 and will introduce a hard fork with improvements in performance, security, and capacity for high-volume applications.

Polygon is preparing a network upgrade that modifies the internal structure of the protocol and requires a temporary pause of deposits and withdrawals on Binance.

Users will continue operating without restrictions, buying and selling Polygon-linked assets as if it were a normal trading day, but they will not be able to move funds on-chain during the intervention. The interruption aims to protect balances and prevent stuck transactions while the network adjusts its validation logic.

Polygon post

Binance will halt deposits and withdrawals on December 9 at 11:00 AM. Service will automatically resume once the network confirms stability after the synchronization process. There will be no emails, messages, or additional confirmations. Users will not need to approve migrations, backups, or actions related to their wallets. The exchange will handle the upgrade, patch nodes, and verify that the network is once again processing blocks normally.

Polygon Prepares Its Infrastructure to Support High-Volume Applications

Polygon will deploy the upgrade when block 80,084,800 is finalized. It includes a hard fork and internal modifications that will improve overall performance, offering greater processing capacity, lower latency, and a stronger security framework. The goal is to build a more efficient network for developers and high-transaction applications, something that requires deep interventions and a controlled environment.

Binance post

Fortunately, infrastructure upgrades are no longer rare events that bring the ecosystem to a halt for days. Blockchains evolve while fully operational, and exchanges that safeguard assets and move liquidity act as buffers that shield users from technical complexity. An exchange that anticipates an upgrade of this scale reduces the operational risk of sending funds at a time when the network is reconfiguring its block order and is not yet fully stabilized.

Polygon is building a more robust infrastructure, and Binance is ensuring that the market continues functioning without distortion while the network rebuilds its internal components.

RELATED POSTS

Ads

Follow us on Social Networks

Crypto Tutorials

Crypto Reviews