This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, which was originally published in Q1 2024, writer Gaz of Blocmates thoroughly examines Fantom’s major upgrade, named Sonic. For more Blocmates content, read crypto […]
Polygon Completes MATIC to POL Upgrade
Polygon has officially upgraded from MATIC to POL as its network token, marking a significant milestone in its evolution. This community-driven upgrade, effective from September 4, 2024, transitions POL to be the native gas and staking token for the Polygon proof-of-stake network. Users holding MATIC on Ethereum can seamlessly migrate to POL through the Polygon […]
Lightning Network Protocol Stacks Completes Nakamoto Upgrade With Defi Features
The Bitcoin Lightning Network’s Stacks protocol has completed its Nakamoto upgrade, finalizing a series of enhancements that began in April 2024. This latest phase, delivered on August 28, 2024, introduces stronger transaction finality guarantees, reduces miner extractable value (MEV) opportunities, and improves network resilience. Additionally, the upgrade prepares the network for the introduction of sbtc, […]
Optimism Finds Vulnerabilities in Fault Proof System, Proposes Upgrade to Patch Them
OP Labs, a software development company focusing on the Optimism ecosystem, has proposed an upgrade for the Optimism rollup called Granite, which comes to fix a series of vulnerabilities in the chain’s fault-proof system. While some high-severity vulnerabilities were encountered during external audits, OP Labs stated that none had been exploited. Optimism Proposes Network Upgrade […]
Dydx Introduces Major Chain Upgrade With New Features
Decentralized exchange Dydx has announced a significant upgrade to its chain, introducing new features designed to enhance market liquidity and security. The update, set for release this autumn, marks the largest change to the Dydx Chain since its launch. Dydx Introduces Permissionless Market Listings and Megavault in Upcoming Chain Overhaul According to the announcement, the […]