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MATIC has unveiled a new scalability solution. Miden is working to alleviate Ethereum network congestion.
Polygon Network has launched a sophisticated zk-based scaling solution that may be able to alleviate Ethereum’s network congestion.
Polygon’s Miden virtual machine will increase the MATIC network’s efficiency, allowing for speedier validation.
Approximately the last week, Polygon has produced over $610,000 in network revenue.
Analysts are positive on MATIC, predicting that the current bull run would conclude at $6.72.
Despite the fact that Ethereum transaction prices have decreased, the network is still congested. MATIC Network’s innovative scaling solution Miden is tackling the congestion.
In the most recent upgrade to the Polygon network, Miden will increase MATIC usefulness.
Polygon Network is preparing a new version to address Ethereum network congestion. The zero-knowledge (zk) rollup is Ethereum-compatible. Like previous zk rollups, the Miden virtual machine enables arbitrary logic and transactions.
The installation of the Miden virtual machine is a significant step toward addressing technological issues on the Polygon network. Developers will be able…
