Polygon has announced a proposed hard fork to its Proof-of-stake (PoS) blockchain to address the spike in gas prices and chain reorganization. The Polygon Community started talking about this hard fork in December 2022. Following the community’s approval on January 17, the proposed hard fork will occur.
Consider the fact that the price of gas represents the fee that users must pay to Blockchain in order to complete transactions. It is hoped that a hard fork will align this tax with Ethereum gas dynamics. According to Polygon, the main goal of this fork is to change how users interact with blockchain.
Addressing reorgs is the second goal of this hard fork. Reorgs typically happen when a computer running the Polygon Blockchain creates a new version of the Blockchain. The new Blockchain makes it difficult to determine whether a transaction was successful or not. Following this reorg, it will be quick and simple for Polygon to approve a block in order to confirm a transaction.
The new hard fork will cut the length of a Polygon sprint from 64 blocks to 16. This will cut the time it takes to make a new block from 128 seconds to 32 seconds.
