Polygon’s Madhugiri Hardfork Enhances Network with Ethereum Fusaka EIPs

The Polygon blockchain will undergo the Madhugiri hard fork on December 9, enhancing network throughput by 33% and reducing block consensus time to one second. This upgrade aligns with the Ethereum [ETH](https://holder.io/coins/eth/) Fusaka upgrade.

Key Features of the Madhugiri Hard Fork

Introduces support for three Fusaka Ethereum Improvement Proposals: EIP-7823, EIP-7825, and EIP-7883.
Aims to enhance the efficiency and security of complex mathematical operations by capping gas consumption.
Prevents excessive computing power usage, boosting network stability and predictability.

Enhanced Applications and Market Presence

Plans to support high-frequency/high-trust applications like RWA tokenization and stablecoins.
Aishwary Gupta predicts a "stablecoin supercycle," with potential creation of 100,000 stablecoins in five years.
Calls for transparency and accountability in RWAs to unlock institutional capital.
Polygon's market expansion includes its decentralized prediction market platform, Polymarket.
Mastercard partners with Polygon Labs' POL network for verified username-based transfers across self-custody wallets.