Polygon to Implement Lisovo Hardfork on March 4
Polygon will upgrade its mainnet with the Lisovo hardfork on March 4 at approximately 14:00 UTC, before block 83,756,500. The update is designed to accelerate agent-to-agent transactions, subsidize up to $1 million in gas fees, and improve wallet support and smart contract compatibility.
What is a hardfork?
The cryptocurrency mainnet operates according to certain rules. To improve network performance or correct errors, changes are periodically introduced into it. A hard fork represents changes that are not compatible with previous versions of software supporting the cryptocurrency network. In order to continue to mine the cryptocurrency, miners need to update the software.
In some cases, as a result of a hard fork, a completely new cryptocurrency may appear, as happened with Bitcoin Cash and EthereumPoW.
