Polygon 2.0 Era Starts Today: MATIC Replaced by POL Token in Major Upgrade
TL;DR Polygon has upgraded its cryptocurrency MATIC to a new token, POL, since September 4, enhancing the token’s utility for gas transactions and staking. The upgrade
Polygon is a blockchain that aims to enable the development of Smart Contracts and Decentralized Applications (DApps), with fees much lower than those charged by Ethereum.
Polygon’s network works from a network of decentralized nodes that create a parallel network (sidechain) to Ethereum. This allows it to have a higher transaction processing speed, sensibly reducing the necessary gas fees.
In addition, Polygon uses the Proof-of-Staking (PoS) consensus system, whereby participating nodes can block MATIC tokens to earn rewards and help the operation of the network.
In this section, you will find the latest Polygon News, so as not to miss any detail of this interesting project.
TL;DR Polygon has upgraded its cryptocurrency MATIC to a new token, POL, since September 4, enhancing the token’s utility for gas transactions and staking. The upgrade
TL;DR Coinbase Supports POL: Coinbase will support the Polygon Ecosystem Token (POL) on both the Polygon and Ethereum networks, transitioning from MATIC to POL starting August
TL;DR Polygonās Migration: Polygon will replace its MATIC token with POL on September 4, aiming to enhance functionality and user experience. Utility and Expansion: The POL
TL;DR On September 4th, Polygon will officially initiate the migration of its native token MATIC to POL, solidifying POL as the primary gas and staking token.
TL;DR Polygon Labs has launched Plonky3, the latest version of its zero-knowledge proof (ZK) system aimed at enhancing security and efficiency in distributed networks like Ethereum.
TL;DR Polygon Partnerships: Polygon has partnered with Fox Corporation and Ronin Network, leveraging its zero-knowledge (ZK) technology to enhance scalability and security in blockchain gaming and
TL;DR Rebranding and Expansion: Polygon ID has transitioned toĀ Privado ID, marking a strategic expansion beyond the Polygon network to foster a new era of self-sovereign identity,
TL;DR Polygon introduces Community Grants Program unlocking 1 billion POL over 10 years. Season 01 offers 35 million MATIC to fund the best projects in the
TL;DR Polygon Labs acquires Toposware, a blockchain research and engineering company specializing in zero-knowledge (ZK) technology. This acquisition consolidates Polygon Labs as a leader in ZK
TL;DR Polygon Labs, behind MATIC, appoints Sandeep Nailwal as the new CBO to drive ZK solutions and CDK development. The company’s focus is on continuous innovation
Ads
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
Ā© Crypto Economy