Polygon to Conduct Scheduled Maintenance on August 27th
Polygon plans a scheduled upgrade of the Polygon Portal on August 27th, commencing at 12:00 UTC to enable native deployment of USDT0 on the Polygon PoS network. The maintenance window is expected to last approximately six hours. Refer to the official tweet by MATIC: August 27: Planned Maintenance, USDT on Polygon PortalAt approximately 8:00AM ET/12:00 UTC, the team will be performing an upgrade on the Polygon Portal to support a native deployment of USDT0 on the Polygon PoS network for approximately 6 hours. All other Portal…MATIC InfoPolygon (previously known as Matic Network) is a layer-2 scaling solution for Ethereum that aims to provide major scalability improvements for decentralized applications by utilizing a modified version of Plasma with sidechains. The Polygon token (MATIC) is used for payment services on the network and as a settlement currency between users who operate within the Polygon ecosystem. The goal of Polygon is to overcome some of the major limitations of traditional blockchain networks, including low throughput, poor user experience, and lack of community governance, by leveraging a novel sidechain solution.