Polygon Network Enhances Transaction Speed with Recent Upgrade

According to ChainCatcher, Polygon Foundation CEO Sandeep Nailwal has revealed that the recent Madhugiri hard fork upgrade on the Polygon network has increased its on-chain transaction processing capacity by 40%, reaching 1,400 transactions per second (TPS). Sandeep Nailwal stated that the team has outlined a clear technical roadmap, aiming to boost TPS to 5,000 within the next six months, positioning Polygon as one of the highest throughput blockchain networks in the industry. Additionally, a second phase upgrade is planned to further increase TPS to 100,000 within 12 to 24 months, with the goal of establishing it as the preferred blockchain platform for global payments. source: https://www.binance.com/en/square/post/33555259731682?utm_source=BinanceNewsRSS