Hassan Maishera
On Wednesday, Polygon Labs announced via a blog post that its biggest payments-focused upgrade ever is live on mainnet. The Rio upgrade brings:
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Speed, with a new block production model for 5k TPS
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Near-instant finality, better reliability
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Eliminates the risk of reorgs
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Lightweight nodes through stateless validation, lowering the barrier to entry
Rio enables 5k TPS on the network and makes nodes lightweight, slashing the cost of compute. By removing the risk of reorgs, Rio provides a step function improvement in the reliability of finality.
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 0.6% in the last 24 hours and trades at $0.2387.
