Hassan Maishera
On Saturday, Polygon Labs announced via X that the Lisovo hardfork is set to go live on Wednesday, March 4th. The update subsidizes agent-to-agent gas costs for payments (PIP-82) and improves smart contract compatibility for the Count Leading Zeros (CLZ).
Lisovo also includes better support for passkey-based wallets, enables flexible fee tuning, and includes improvements for more reliable transaction delivery and stronger checks.
The team urged all node operators to upgrade Bor to v2.6.0 (or Erigon to v3.4.0) ahead of the hardfork.
Polygon (PoS) is a Proof-of-Stake scaling solution for Ethereum, and the default choice for sending money onchain. POL serves as the native gas token of this ecosystem, powering all transactions and a staking token, securing the network.
In return for staking, stakers earn rewards, incentivizing network security and participation. They can also become eligible for the Agglayer ecosystem airdrops.
A significant application of POL is in the realm of payments and tokenized assets. Businesses and individuals can use POL to make seamless payments, benefiting from its efficiency and low transaction costs. Additionally, POL supports the creation and management of tokenized assets, enabling users to issue and trade digital assets on the Polygon network. This capability is crucial for industries looking to leverage blockchain technology for asset management and transfer.
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 2.6% in the last 24 hours and trades at $0.1075.
