Polygon's Roadmap: Gigagas Initiative
The Polygon team has introduced an ambitious roadmap called Gigagas, aimed at significantly increasing the network's bandwidth. Below are the key details and development plans.
Key Goals
- Objective: Achieve 100,000 transactions per second (TPS), which will allow the network to handle a vast number of operations and improve user experience.
Development Stages
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Bhilai Hard Fork (Expected Launch: July 2025)
- Mainnet Launch: The hard fork has already successfully passed testing on the Amoy testnet.
- Improvements:
- Increase TPS to 1,000: This will significantly enhance transaction processing speed, which is especially important for high-load applications.
- Reduce finalization time from 60-90 seconds to 5 seconds: This will decrease waiting time for users and improve the overall efficiency of the network.
- Eliminate gas spikes: This will prevent sharp fluctuations in transaction fees, making the network more predictable and user-friendly.
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Future Developments (By October 2025)
- TPS Goal: Reach 5,000 TPS: This will be an important step towards achieving the long-term goal of 100,000 TPS.
- Finalization Time: Reduce to 1 second: This will ensure instant transaction processing, which is critical for many financial applications.
- Implementation: The VEBloP model will be used to optimize block production and reduce the risk of network reorganization. This will enhance the stability and reliability of the network.
Cross-Chain Integration
- Agglayer: There are plans to integrate a new layer for cross-chain liquidity, which will improve interaction between different networks and increase asset liquidity. This will allow users to easily move their assets between various blockchains, which is a key aspect for the future of decentralized finance.
Long-Term Vision
- Leadership in Stablecoins: Polygon aims to take a leading position in the field of stablecoins and the tokenization of real-world assets (RWA). This will provide users with access to a broader range of financial services and opportunities.
- Current Status:
- The capitalization of stablecoins in the Polygon PoS network exceeds $2.64 billion. This indicates a high level of trust in the network from users and investors.
- In the first quarter of 2025, Polygon ranked 5th among blockchains in terms of RWA segment volume, highlighting its growing significance in the market.
Future Direction
- End of zkEVM Support: Scheduled for 2026, with a strategic shift towards PoS and Agglayer. This will allow a focus on more efficient and scalable solutions.
- Leadership Change: A new direction was introduced after Sandeep Nailwal took over the Polygon Foundation, bringing fresh ideas and approaches to network development.
Developer Statement
"This is the path from solving current problems to creating a borderless open economy for millions of users," the developers stated, emphasizing their commitment to innovation and scalability. This vision aims to create a more inclusive and accessible ecosystem for all participants.
This roadmap highlights Polygon's strategic initiatives to enhance the capabilities of its network and position itself as a leader in the blockchain space. The Polygon team is actively working to provide users with faster, more reliable, and accessible solutions, which is an important step towards creating a more efficient and decentralized financial system.
