My lovely people from the crypto sphere! Be aware of this thing that is on fire! 🔥 It turns out that Polygon (POL), that network that helps us keep Ethereum from collapsing with so many transactions, is skyrocketing! It shot up almost 10% in 24 hours, reaching its highest point in a month, almost at 20 cents! 💰 And why? Because an update is coming that is a real bomb: the Heimdall v2.
Imagine that the one and only Sandeep Nailwal, the co-founder of Polygon, said that this is going to be the most advanced fork they've made since the network was born in 2020. Serious stuff! 🤯 This Thursday, July 10, is D-Day.
So what does this Heimdall v2 do that has everyone in awe? Well, look, my brother, it's like turbocharging the network. It's going to replace the old validator management system and greatly improve how data connects between Ethereum and Polygon. Imagine that before it was like a bumpy road, and now they're smoothing it out! 🛣️
This is a massive change because they are moving from an old technology (from 2018 and 2019, almost prehistoric in the crypto world!) to a much more modern and powerful architecture. This means transactions, instead of taking about 90 seconds to confirm (almost a minute and a half, my people!), are now going to be validated in 4 to 6 seconds!! ⚡ And blocks will be processed in about 2 seconds! This is a speed that will leave you speechless! 💨
Nailwal himself said that this update is going to unlock faster checkpoints and make bridges more secure. Be careful! He did warn that there might be a slight delay of about three hours during the migration, so decentralized applications (DApps) need to be on alert. 🤓
The cool thing is that this move comes after another recent update, the hard fork Bhilai, which helped Polygon reach the amazing figure of 1000 transactions per second!! 🚀 Sandeep explained it clearly: this fork is going to make money flow faster in Polygon, paving the way for the next wave of on-chain payments. So stay tuned, because this is just the beginning!
Definitely, Polygon is unstoppable and is bringing the future to our fingertips! Are you ready for speed, folks? 😉$POL