Polygon Deploys Madhugiri Hard Fork, Aims For 33% Throughput Boost

Polygon’s hard fork cuts consensus time to one second, supports Fusaka EIPs and lays the groundwork for stablecoin and RWA-focused scaling.

Blockchain network Polygon rolled out its latest protocol upgrade, known as the Madhugiri hard fork, which aims to achieve a 33% increase in network throughput and reduce block consensus time to one second.

Polygon core developer Krishang Shah said on X that the update includes support for three Fusaka Ethereum Improvement Proposals, specifically EIP-7823, EIP-7825 and EIP-7883. These EIPs make heavy mathematical operations more efficient and secure by limiting the amount of gas they consume.

They also prevent single transactions from consuming excessive computing power, helping the network run more smoothly and predictably.

The upgrade introduces a new transaction type for Ethereum to Polygon bridge traffic and adds a built-in flexibility feature for future upgrades. Polygon previously said that the update makes throughput increases as easy as “flipping a few switches.”

“We are also decreasing the consensus time to 1 second, so blocks can now be announced in 1 second if ready, instead of waiting the full 2 seconds,” Shah wrote.

With Madhugiri now live, Polygon aims to reinforce its infrastructure while materially improving its performance. These are prerequisites for high-frequency and high-trust use cases, such as real-world asset (RWA) tokenization and stablecoins.

Aishwary Gupta, the global head of payments and RWAs at Polygon Labs, previously forecast a “stablecoin supercycle.”

Gupta said there will be a surge of “at least 100,000 stablecoins” in the next five years. He added that this would not be about just minting tokens, and must have a corresponding utility yield.

Gupta also advocated for more transparency and accountability in the RWA sector. He previously argued that RWA numbers are meaningless if the assets cannot be audited, settled or traded.

Source: CoinTelegraph