Blockchain network Polygon has rolled out its latest protocol upgrade known as the Madhugiri hard fork. This aims to achieve a 33% increase in network throughput and reduce block consensus time to 1 second.
Polygon core developer Krishang Shah told X that this update includes support for three Fusaka Ethereum improvement proposals, specifically EIP-7823, EIP-7825, and EIP-7883. These EIPs perform complex mathematical operations more efficiently and safely by limiting the amount of gas consumed.
It also prevents a single transaction from consuming excessive computing power, allowing the network to run more smoothly and predictably.
This upgrade introduces new transaction types for Ethereum to Polygon bridge traffic and adds built-in flexibility features for future upgrades. Polygon previously said the update would easily increase throughput with “the flip of a few switches.”
“We also plan to reduce the consensus time to 1 second, so if a block is ready, it can be announced in 1 second instead of waiting all of 2 seconds,” Shah wrote.
sauce: Krishan Shah
New update strengthens stablecoin and RWA Polygon
With Madhugiri now up and running, Polygon aims to strengthen its infrastructure while significantly improving performance. These are prerequisites for high-frequency, high-trust use cases such as real-world asset (RWA) tokenization and stablecoins.
Aishwary Gupta, Global Head of Payments and RWA at Polygon Labs, previously predicted a “stablecoin supercycle.”
Mr. Gupta said there will be a proliferation of “at least 100,000 stablecoins” over the next five years. He added that this is not just about minting a token, it also requires a corresponding utility yield.
Mr. Gupta also advocated for greater transparency and accountability in the RWA sector. He has previously argued that RWA figures are meaningless if assets cannot be audited, settled or traded.
“With transparency and accountability established, RWA will reach greater heights and trillions of dollars of institutional capital will be freed up,” he wrote.
Related: Polygon co-founder considers reviving MATIC one year after POL rebrand
Hard fork following major Heimdall upgrade
This upgrade follows previous rapid improvements. On July 10, Polygon introduced Heimdall 2.0, which Polygon Foundation CEO Sandeep Nailwal called the “most technically complex” hard fork since the network's launch.
This update reduces transaction finality time from 1-2 minutes to approximately 5 seconds.
However, on September 10th, the bug caused finality delays of 10 to 15 minutes, causing significant network disruption and impacting validator synchronization, remote procedure call services, and third-party tools. Nevertheless, the team assured the community that the block is still running.
On September 11th, the Polygon Foundation announced that consensus and finality functionality had been restored through a hard fork. With the update, the nodes were no longer stuck and checkpoints and milestones were finalized as expected.
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