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>>Vijesti

>>The Polygon Rio upgrade aims to significantly increase payment processing speed to 5,000 transactions per second, lower transaction costs, and draw in financial technology companies.

The Polygon Rio upgrade aims to significantly increase payment processing speed to 5,000 transactions per second, lower transaction costs, and draw in financial technology companies.

crypthub

4 days ago

Polygon Rio Upgrade Overview

The Polygon Rio upgrade is a significant overhaul focused on improving the network's capabilities for payments. It restructures block creation and validation, aiming to reduce transaction rollbacks, accelerate finality, and lower node operating costs. This adjustment enables near-instant settlement and is intended to attract fintechs, payment processors, and stablecoin issuers. The changes prioritize reliability and cost-efficiency to better serve payment-focused applications.

Technical Improvements & Validator Impact

Rio introduces an elected block-proposer model, replacing concurrent proposals. This streamlined approach lowers hardware and storage requirements for validators, making participation more accessible. By reducing overlaps and reorgs, the upgrade aims for near-instant confirmations and supports a target throughput of approximately 5,000 transactions per second. It addresses cost effectiveness and simplifies node operation.

Market Positioning and Future Outlook

While Polygon's TVL and stablecoin market cap currently lag behind competitors like Solana and Base, Rio aims to reclaim market share by optimizing for payments. The upgrade is a key part of Polygon’s broader roadmap, combining Ethereum security with high-throughput use cases. Successful adoption by wallets, stablecoin issuers, and payment processors is critical for long-term success and wider on-chain payments use.