Polygon, a scaling solution compatible with the Ethereum Virtual Machine (EVM), achieved a significant breakthrough with its Dragon Fruit upgrade (ForkID5) on Wednesday. The upgrade introduces support for Ethereum's latest opcode, PUSH0, a feature that promises developers seamless cross-platform work and expands possibilities for decentralized applications (dApps).
The Dragon Fruit upgrade also addresses RLP parsing, rectifying a noncritical bug related to transaction parsing and fortifying the network's overall reliability and security. The meticulous attention to detail reflects Polygon's dedication to providing a robust environment for developers and users.
In addition to these developments, the Polygon network has reached a significant milestone with the commencement of the Polygon 2.0 implementation. The first set of Polygon Improvement Proposals (PIPs), totaling three, outlines forthcoming changes that will begin in early Q4 of this year. PIP-18 takes center stage as it defines Phase 0 of Polygon 2.0.
This phase encompasses several essential changes, including the transition from MATIC to POL as the native gas and staking token for Polygon PoS, along with the initiation of the staking layer and subsequent migration. These changes mark a critical evolution of the Polygon network, positioning it for further growth and development.
The native token of the protocol, MATIC, has displayed a modest performance. Over the past two days, MATIC has remained within a range-bound price range, currently trading at $0.5377. However, MATIC has experienced substantial gains over the past seven days, with a 5.9% increase.
In another notable development, Polygon and Uniswap may soon collaborate if a proposal for a “friendly fork” between Uniswap DAO and Zero Protocol on Polygon zkEVM gains community approval. This initiative could lead to exciting synergies between these prominent players in the blockchain space.
On a separate note, SubQuery, a renowned data indexing provider, has approved Mantle Network to utilize its data indexer. Mantle Network is an Ethereum blockchain Layer 2 scaling solution compatible with the Ethereum Virtual Machine. This cooperation is field-defining and may expedite consumer data retrieval. This integration accelerates developer data access.
SubQuery provides open-source SDK, tools, documentation, and developer support. These resources help programmers index for better software development. SubQuery supports Mantle Network with its enterprise-grade managed service, which can handle many queries every day.
In the future, SubQuery plans to decentralize its activities through the SubQuery Network. Publicizing project data through this network will encourage openness through audits. The connected network would enable SubQuery projects across networks, including Mantle. This offers a huge exploring area.
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