Hassan Maishera
On Friday, Polygon Labs announced via a blog post that the Heimdall V2 upgrade is now live on mainnet. The new upgrade brings transaction finality to ~5 seconds, down from 1-2 minutes, alongside other payments-focused improvements for a better user and developer experience.
Heimdall V2 also;
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Accelerates finality by decreasing time to consensus
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Cements network stability
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Modernizes and future-proofs core infrastructure
Fast finality helps users onboard to Polygon more seamlessly than ever before. Centralized exchanges can now enable user funds to move twelve times faster. Developers can build high-throughput, low-cost payments solutions onchain, leaning on Polygon’s battle-tested stability at a fraction of the time to finality. Faster finality significantly reduces the chance and depth of reorgs.
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 up 6% in the last 24 hours and trades at $0.2430.
