Polygon (MATIC) Shares Alternative Approach to Manage Gas Prices: Details

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Polygon (MATIC) Shares Alternative Approach to Manage Gas Prices: Details
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.0xPolygon (MATIC) spikes despite gas fee challenges

After more than a year of intense and inspiring research, development and testing, we are incredibly proud to launch the FIRST EVER zkEVM mainnet!According to an update posted by TradingStrategy co-founder Mikko Ohtamaa, the Polygon protocol has shared an insight into how it hopes to reduce this cost at the project level. One primary approach it highlighted is to build or adopt a transaction management system to help reorder events in the gas spike era.

Additionally, Polygon aims to use"retry logic" to increase gas prices by a defined and steady percentage. This way, the cushion can best be absorbed by users of the protocol. According to the plans by Polygon, it could also hire third-party transaction management tools such as those provided by Alchemy Transact and Infura ITX, among others.

Polygon as a Layer-2 blockchain protocol is more efficient than Ethereum; however, mitigating higher transaction fee charges remains a must to foster . As part of the plans, the protocol aims to set a maximum limit for gas prices in the code. This will help hold off sending transactions when the cap is exceeded.

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