Polygon surges 10% ahead of Heimdall v2 upgrade

Polygons A network of evidence-store (POS) will undergo the main upgrade of consensus with the introduction of Heimdall V2 10 July.

Sandeep NailwalPolygon’s co -founder described it as the most technically more advanced hard fork that the chain had done since its launch in 2020.

After the announcement, the native token received almost 10% within 24 hours and rose to the highest level in the month for about $ 0.20.

Polygon’s Heimdall Update

The Heimdall V2 replaces the original Heimdall client, modernizes the polygon validator control system and improves how the network synchronizes the states between Ethereum and Pos.

This is a significant shift from Legacy Tendermint + Cosmossdk settings to newer Cometbft + Cosmossdk architecture.

The upcoming migration is followed by successful testing at Amoy Testnet 24. June. Nailwal said the upgrade has been clarifying the technical debt of the earlier Heimdall assembly, originally based on frames since 2018 and 2019.

With Heimdall V2, the polygon expects great power profits. The final time is set from 90 seconds to only 4-6 seconds. Block times also decrease from about 5-6 seconds to approximately 2 seconds, paving the path for a much smoother user experience.

Nailwal said the upgrade would unlock faster checkpoints and improve the bridging security while laying the foundations for future improvements.

He also warned against a possible three -hour delay in the final of the checkpoint during the migration period. He also urged decentralized applications for increasing the threshold values ​​of confirmation to 256 blocks per day, as there could still be a rare reorganization of the chain.

The transition will transmit exceed the application data, balances, accounts, delivery metrics and past milestones.

However, the Heimdall V2 will be launched with a new ID and Genesis block, based on the final state of Heimdall V1. Blockchain history will not be transferred during the upgrade.

Bhilai Hardfork

This threatening upgrade puts on Ethereum A recent Network of Layer-2 Bhilai HardFork, which helped the network to reach 1,000 transactions per second.

When we talk about this update, nailwal said:

“These hard bonds accelerate capacity and allow the flow of money on the polygon to move even faster and support another wave of onchain and RWAS payments. It also allows a significant improvement in account abstraction through Ethereum Pecra Upgrade, EIP-7702.”

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