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we're diving into DePIN...and the stage is stacked! the DePIN juggernauts are cooking on polygon.
#DePINÂ
#PolygonÂ
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đ Why is reaching faster finality important? Slow deterministic finality happens when you have to wait for enough blocks to confirm as valid on top of the block with the transaction, and it can take a while. For PoS, the Aalborg upgrade solved the problem of slow finality using âMilestones.â With Milestones, block finality is established after a certain (variable) number of blocks, similar to architecture seen elsewhere in Ethereum. Faster finality + fewer reorgs makes PoS more predictable. Because Milestones are configured at the dapp level, devs can configure this feature to their use case â
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The AggLayer â designed, discussed and built in the open.
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On Polygon and Ethereum Alignment đ€ïž âïž Polygon is a leader in Ethereum alignment âŸïž đ implementing PoS upgrades to support scalability as an EVM-compatible L2, while bringing down transaction fees. Letâs zoom in on PoS and EIP-1559 upgrades đŻ 1559 gets rid of first-price auction as the main mechanism for fee calculation. Instead weâve got: đ a discrete base fee for transactions to be included in the next block đ a priority fee to speed up processing đthe base fee fluctuates depending on network congestion, and gets burned
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đȘ§Â Last call for speakers! AggSummit is coming up Nov 10-11 in bkk đčđ If youâre involved in crosschain comms, data aggregations and the future of aggregated blockchains, we would đ to hear from you <apply to speak> đ https://www.aggregated.dev/
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For nerds in the audience who were wondering - whatâs Polygon PoSâ architecture? Itâs divided into three layers: 1ïžâŁÂ Ethereum layer: a set of contracts on the Ethereum mainnet 2ïžâŁÂ Heimdall layer: a set of proof-of-stake Heimdall nodes running in parallel to the Ethereum mainnet, monitoring the set of staking contracts deployed on the Ethereum mainnet, and committing the Polygon PoS network checkpoints to the Ethereum mainnet, based on Tendermint. 3ïžâŁÂ Bor layer: a set of block-producing Bor nodes shuffled by Heimdall nodes, based on Go Ethereum
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