Hassan Maishera
On Tuesday, Polygon Labs announced via X that Bhilai Hardfork is now live on the Polygon blockchain. This upgrade increases throughput by 50% capacity, enabling 1000 TPS.
It also smooths out gas fees, reducing volatility during high demand. Bhilai Hardfork also integrates Ethereum’s Pectra EIPs, supporting account abstraction via EIP-7702 in the process.
Furthermore, devs and apps on Polygon can now integrate account abstraction to adopt Web2-like experiences, easily onboarding new users unfamiliar with Web3.
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. POL is down 5.9% in the last 24 hours and trades at $0.1770.
