Quick Take
- The developers at Polygon PoS blockchain proposed the launch of a network hard fork on Jan. 17.
- The hard fork will target reducing the impact of transaction fee spikes and chain reorganizations on Polygon.
The developers at Polygon PoS blockchain proposed the launch of a hard fork software upgrade to address gas spikes and enhance the security of blocks on the sidechain network.
The upgrade, proposed by the developers at Polygon Labs, is planned to take place on Jan. 17, according to a note shared with The Block. If approved by the community, the hard fork will aim to reduce the impact of transaction fee spikes and chain reorganizations, thereby claiming to improve Polygon's performance and security. The upgrade has been discussed by the Polygon community for some time on the governance forum.
The upgrade is part of a broader initiative to improve the technical capabilities of the Polygon side chain, including parallelization and Polygon zkEVM. Polygon PoS runs parallel to Ethereum and hosts some of the biggest Web3 projects like Uniswap and Aave as well as major companies like Robinhood, Adobe and Stripe.
Preventing reorgs
The first goal of the hard fork is to make Polygon more secure against reorganization. A chain reorganization, also known as a "reorg," occurs when a new version of the blockchain is temporarily created by diverging from the previous version. The Polygon PoS chain is prone to reorgs, when blocks may overwrite previous ones due to different nodes reaching consensus at different times. This can lead to confusion when trying to verify if a transaction has been completed successfully or not.
To address this issue, developers plan to implement measures to help reduce the amount of time it takes for block finality with regards to verifying successful transactions. The upgrade proposes to decrease the sprint length that will lower the chances of a secondary or tertiary validator kicking in to produce blocks, resulting in fewer reorgs overall.
In the context of the Polygon PoS chain, a sprint length refers to the number of blocks that a validator can produce consecutively. By reducing the sprint length to 16 blocks from 64, it means that a single block producer will be able to produce blocks continuously for a shorter period of time (approximately 32 seconds, as opposed to the current 128 seconds), which developers said should reduce reorgs on the chain.
Reducing gas spikes
The upgrade will reduce the severity of gas spikes by changing the "BaseFeeChangeDenominator" to 16 from 8 to smooth out the rate of change of the base fee. BaseFeeChangeDenominator is a parameter that inversely determines the rate at which the base fee for a transaction changes, depending on the current demand for block space.
The current value of BaseFeeChangeDenominator on Polygon is 8, and the proposal is to change it to 16. The goal of this change is to smooth out the rate of change of the base fee, reducing severe fluctuations in gas prices during high demand periods, leading to better experience when interacting with the chain.
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