Category Archives: Polygon news

Key Points: Polygon zkEVM Mainnet Milestone Polygon has successfully completed a network rehash and resync. The Polygon zkEVM Mainnet Beta has resumed full activities after the successful completion of these processes. This marks an important milestone for Polygon 2.0, a proposed upgrade set to revolutionize the Polygon ecosystem. Polygon 2.0: Scaling Ethereum Polygon 2.0 aims[Read more…]

Base Network Surpasses 1.88 Million Daily Transactions Base Network, Coinbase’s layer-2 blockchain, recently achieved a remarkable milestone by recording 1.88 million daily transactions. This impressive feat surpassed its previous record set during its launch month in August, as reported by the blockchain explorer BaseScan. Outperforming Optimism and Arbitrum On September 14, Base Network outperformed its[Read more…]

Introduction Polygon has revealed important updates for its network, including zkEVM Mainnet Beta Network Rehashing and a resynchronization of the Polygon Bridge. These changes are scheduled to occur on September 18, 2023 (Monday). Rehashing Details The decision to conduct a rehashing of the network was prompted by the discovery of a bug in an early[Read more…]

Base Network Surpasses Transaction Milestone Base Network, the Coinbase layer-2 solution, recently achieved a significant milestone in terms of daily transactions. According to data sourced from the blockchain explorer BaseScan, the network broke its previous transaction record established upon its launch in August. New Transaction Record On September 14, Base Network recorded an impressive 1.88[Read more…]

Introduction to Polygon 2.0 In June, Polygon Labs made a groundbreaking announcement, revealing the forthcoming transition to Polygon 2.0. The primary objective of Polygon 2.0 is to transform the platform into the “value layer of the internet,” ushering in an era of unlimited scalability and unified liquidity. Phase 0 and Polygon Improvement Proposals (PIPs) As[Read more…]

DeFi’s Week in Review Coinbase CEO Champions DeFi Coinbase CEO Brian Armstrong has expressed his endorsement of DeFi protocols. In a recent social media post, Armstrong urged DeFi protocols to consider legal proceedings in court to set a precedent, as the legal system has consistently demonstrated its dedication to upholding the rule of law. The[Read more…]

Three Pivotal PIPs Polygon, a prominent player in the blockchain space, has taken a significant stride by revealing its comprehensive roadmap for Polygon 2.0. This eagerly awaited upgrade encompasses a migration from MATIC to POL tokens and the deployment of a staking layer. The publication of this roadmap signals a new chapter in the evolution[Read more…]

Coin 1: Quickswap Quickswap is the leading DEX on Polygon. There are a few of us here at Altcoin Buzz that use Polygon as our preferred EVM network. We use it for holding stablecoins, doing DeFi, NFTs, games, and the like. And if you do, then you need to know Quickswap. It has everything you[Read more…]

ANZ Bank’s Transaction with Tokenized Assets One of Australia’s ‘Big Four’ banks, Australia and New Zealand Banking Group Limited, recently completed a transaction with tokenized assets utilizing its A$DC stablecoin and Chainlink’s CCIP (Cross-Chain Interoperability Protocol). CCIP functions on two separate Oracle networks. One network caters to transferring value and sending messages. The other examines[Read more…]

The Crypto Market’s Milestones and Momentum The crypto market is witnessing a series of significant milestones as well as surges in momentum for different tokens. For one, Litecoin (LTC) recently achieved a milestone as its long-term holders surpassed the 5 million mark. On the other hand, projects like Polygon (MATIC), EOS (EOS), and InQubeta (QUBE)[Read more…]