Category Archives: Polygon news

What is ZK-EVM and How Does It Improve Ethereum?

ZK-EVM stands for Zero-Knowledge Ethereum Virtual Machine. It is a tool that uses zero-knowledge proof technology to enhance the privacy and security of transactions conducted through smart contracts on the Ethereum blockchain. In traditional blockchain systems, all transactions are recorded on a public ledger and can be viewed by anyone. This transparency is one of[Read more…]

Polygon whale sells $7.7m of MATIC in one go

A polygon whale — cryptospeak for large holder — moved $7.7 million worth of polygon (MATIC) to world’s top cryptocurrency exchange Binance, but there is still a lot more where it came from. On Jan.8, the whale’s wallet sent nine million MATIC worth about $7.7 million to an address controlled by Binance. Despite the hefty transaction, the[Read more…]

Estimating EIP-1559 Transaction Gas on Polygon with ethers.js

Pre-EIP1559 we could estimate the gasPrice from getFeeData() that is available on the provider object. Eg: const feeData = await provider.getFeeData(); const tx = await yourContract.yourMethod(yourArguments, {gasPrice: feeData.gasPrice}); await tx.wait(); console.log(tx.hash); However, the introduction of EIP-1559 deprecates gasPriceand the gas for a transaction is dictated by 3 new parameters. baseFee, maxPriorityFeePerGas and maxFeePerGas Of these, we need to send only maxPriorityFeePerGas and maxFeePerGas with our transaction. This is[Read more…]

Solana Jumps To 11th In Market Cap List, Can It Dethrone Polygon For 10th?

Solana has jumped to 11th on the top crypto by market cap list today. Can the coin continue this and dethrone Polygon from the 10th spot? Solana Continues Uptrend, Registers 25% In Gains Today This new year so far has been a fantastic time for Solana investors as the asset has constantly been moving upwards.[Read more…]

Top 5 Crypto To Watch As CPI Data Is Released This Week

The crypto market has been very bullish in the past week as the turn of the year sparked positive investor sentiment for the industry, especially to our top 5 crypto to watch this week. Since January 1st, the total market cap of crypto rose by 8.25% which shows a complete reversal of investor sentiment on the market. [Read more…]

Are merry MATIC holders in good spirits thanks to Polygon’s latest market moves?

With its recent alliances and moves in the industry, Polygon has made many appearances in the NFT and Web3 debates. In a recent release, Mastercard disclosed a collaboration with Polygon. The most recent Mastercard announcement further positioned the Polygon at the center of Web3 debate and development.  Polygon X Mastercard At the Consumer Electronics Show in Las Vegas,[Read more…]

IMX Spikes 10% In Last 24 Hours – Will It Start The Week Strong?

IMX (ImmutableX) has been on a roll lately, being one of the few altcoins to have significant gains in the past month or so. According to tracking by CoinGecko, IMX was up 10% in the daily timeframe with its biggest gain at the weekly timescale at nearly 19%. IMX: What Drove Prices Up?  Although the past[Read more…]

Polygon zkEVM Testnet Complete Guide !!

🤝 BlokDrops Socials :BlokDrops | Telegram #ANN | Community | Twitter Join Private Group — https://t.me/+_dqEiYHP7WY5N2Nl 100 days 100 Alpha Airdrop Challenge Many exclusive things are going to be covered like retroactive, nodes airdrops, incentivized TestNet, alpha airdrops, early or less popular airdrops !! 👉 How It’s Happening ? • Daily 1 detailed blog• Full Support by Team• Exclusive / Early Content What[Read more…]

Ethereum vs Polygon — The Ultimate Comparison🧐

All you need to know about transaction processing on Ethereum and Polygon🤓 Ethereum, Polygon, Solana — We’ve all heard these names either on that Whatsapp forward, from your crypto bros or on that clickbait video you saw yesterday.😬😬 But do you understand how transactions happen on these chains?🧐 What goes behind making the experience seamless[Read more…]

NFT Project Receives $3 million to Relocate Collection to Polygon

According to a January 6 announcement made by Frank III, the founder of y00ts and DeGods, the team behind these projects was paid $3 million to transfer their collections from Solana to Polygon. The announcement was shared on Discord and also posted on Twitter. On December 27, the developers of y00ts and DeGods had announced[Read more…]