Kickstart your week with something sweet. Join @Crypto_Texa | Polygon on Binance Square

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Kickstart your week with something sweet.
Join @Crypto_Texan for another look into the world of @Polymarket and the latest predictions:
https://x.com/i/spaces/1yoKMyLOyEdKQ

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Polygon Labs and @standwithcrypto are teaming up for the next Crypto Policy Bootcamp. A two-part series (soon!) to educate the industry on the gov't and the gov't on the industry (and just in time for the U.S. elections 💥):

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Friday knowledge recap 🧠 Stay informed about the tech behind Polygon PoS! This week we talked about: 🤯 account abstraction 😵‍💫 architecture 🙃 milestones 🫨 deterministic finality 🤔 parallelization via Block STM See thread for deets:

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What’s parallelization got to do with Polygon PoS? PoS was the first scaling solution to make parallelization possible via Block STM on the Delhi hard fork upgrade. Parallelization means simultaneous, rather than sequential transactions 🤲 On PoS this enables faster ⏩ transactions and less gas price spikes during high demand times. It happens by embedding transaction dependency metadata in block headers, which reduces pending transactions in the mempool, and reduces execution time by 50%. Towards the end of 2023 (when Ethereum Inscriptions were having their moment), PoS processed 16.5M txs in one day, and handled more than 160M inscriptions, at ~240 transactions/second.

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📢 Announcing the first cohort for the @theqacc Join Polygon Labs, @Giveth, @midaods, @CoUnity_ and @seriouspeople_ for the low-down on season one of the Quadratic Acceleration, a Grant Allocator to supercharge growth for Polygon builders.

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Milestones 👉🏽 how PoS upgraded to fast, deterministic finality Since the rollout in last year’s Aalborg hardfork, milestones have reduced reorg frequency, reorg depth, and dropped the median time to finality from 10 mins to less than 2 mins 🏗️ How it works: Milestones use the network’s existing validator set for proposing each milestone, which must be at least 12 blocks (+ a 4-block buffer) from the latest block Once 2/3+ of the network agrees, the milestone is finalized with no chance of reorg for all transactions up to that block height. Note: because not all dapps require fast finality, adoption of milestones occurs at the dapp level [ For the devs that want to understand how to implement milestones, here’s your start: https://t.co/1PtQYbq5P3 ]

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