Polymarket team member claims L2 is on the way

Source Cryptopolitan

The Polymarket platform recently experienced some downtime in response to the issues Polygon, the blockchain it operates on, was facing around the same time. 

While no official statements have been made, a Discord post by a member addressing the downtime has claimed that the platform will now focus on creating its own L2 to prevent future disruptions. 

Polymarket team member claims L2 is on the way

According to posts on X, the issues that caused the crash of Polymarket have been resolved, with both the site and related functions resolved. 

While Polygon was experiencing the downtime, users who tried to log in were greeted with the message, “Polymarket is down… Oops…we didn’t forecast this.” Then it advised users to reload the page.

According to Downdetector, there was a sharp spike in Polymarket-related problem reports, with 86% of users flagging website issues, 11% reporting login troubles, and 3% noting “website test not starting.” 

The surge in reports was significantly above normal levels, which is why Downdetector’s incident alert was triggered. 

At the time, user reports and network telemetry indicated the outage was linked to a major Cloudflare disruption affecting routing and content delivery across multiple regions. Such outages usually impact large swaths of the internet, given the company’s role in DNS, CDN, and edge-network infrastructure.

To prevent this from happening again, the team has been working hard on making improvements that will ensure the constant stability of the platform. 

In fact, some community members have been told that after the repeated network issues, Polymarket has decided to treat the development of its own L2 as a current priority. The claim was made by a team member named Mustafa in their official Discord channels to reassure users, but there were no specific plans or timeline. 

He called it the “#1” priority and claimed it would happen very soon, so they could achieve the required stability and independence.

The approach makes sense. After all, a custom L2 would guarantee total control over infrastructure, reducing the risks of similar downtime happening again. The speculation about creating an L2 has also been happening among community members for quite some time and ties in to their talks about the $POLY token and an airdrop.  

Did Polygon PoS report a bug?

The technical hiccup Polygon’s PoS network faced this week, which saw some of its nodes affected, caused only a few delays for users. Polymarket appears to have suffered the most, which is not surprising, given that the platform has been the dominant driver of activity on the network. 

According to a post from The Polygon Foundation shared on X, it did not take the team long to find the bug and release a patch that allowed functionality to return fully. 

Validators are currently syncing, and the network is gradually building to achieve the required quorum. Still, there have been partial disruptions in RPC services, although the flow of transactions has not been interrupted.

The disruption primarily affected Bor, Polygon’s block-producing and transaction execution layer. Polygon admitted that multiple nodes did stall, impacting RPC availability across several providers. The team also claimed that the block producer was still operational and blocks are still being produced, “meaning the chain itself remains live.”

A war room was reportedly even activated to coordinate mitigation, and updates were shared continuously to keep users informed. 

This incident is not isolated either. There have been earlier RPC-related slowdowns like the one that occurred on December 12, when Polygon noted that some transactions appeared stuck or missing.

“We are currently investigating an issue where some transactions may appear stuck or missing,” the team wrote. “If you are affected, please try resubmitting the transaction with a gas price that is at least 10% higher than the currently stuck transaction. Once the resubmitted transaction is processed, any remaining pending transactions should be picked up automatically.”

On December 13, they implemented a fix and started monitoring results. 

A similar episode occurred in September when certain Bor and Erigon nodes delayed block finality by several minutes. This affected some validators and providers who experienced temporary interruptions, even though checkpoint validation kept up with the expected ranges. 

Fixes by the Polygon team have since been introduced among all validators and service providers. 

Get $50 free to trade crypto when you sign up to Bybit now

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
U.S. November CPI: How Will Inflation Fluctuations Transmit to US Stocks? Tariffs Are the Key!TradingKey - Inflation exerts a notable impact on the stock market. Since the Trump administration took office, it has imposed substantial tariff hikes, and the effects of this policy have gradually f
Author  TradingKey
13 hours ago
TradingKey - Inflation exerts a notable impact on the stock market. Since the Trump administration took office, it has imposed substantial tariff hikes, and the effects of this policy have gradually f
placeholder
Coinbase Builds a “Universal Exchange” — Wall Street Shrugs. Can COIN Find Its Footing?Coinbase is expanding into stock trading, prediction markets and perpetuals to build a “universal exchange,” but COIN fell over 3% to $244 as Bitcoin hovered near $85,000, even while Deutsche Bank reiterated a Buy and a $340 target amid intensifying competition.
Author  Mitrade
14 hours ago
Coinbase is expanding into stock trading, prediction markets and perpetuals to build a “universal exchange,” but COIN fell over 3% to $244 as Bitcoin hovered near $85,000, even while Deutsche Bank reiterated a Buy and a $340 target amid intensifying competition.
placeholder
Bitcoin Hits $90K as Crypto Market Surge Wipes Out $120M in Short PositionsBitcoin ascended to $90,000 before a swift correction, impacting both long and short positions.Liquidity maneuvers continue to dominate BTC's short-term price dynamics, with recent sessions squeezing short sellers.
Author  Mitrade
14 hours ago
Bitcoin ascended to $90,000 before a swift correction, impacting both long and short positions.Liquidity maneuvers continue to dominate BTC's short-term price dynamics, with recent sessions squeezing short sellers.
placeholder
Gold declines on profit-taking, USD strength ahead of US CPI releaseGold price (XAU/USD) edges lower below $4,350 during the Asian trading hours on Thursday. The precious metal retreats from seven-week highs amid some profit-taking and a rebound in the US Dollar (USD).
Author  FXStreet
15 hours ago
Gold price (XAU/USD) edges lower below $4,350 during the Asian trading hours on Thursday. The precious metal retreats from seven-week highs amid some profit-taking and a rebound in the US Dollar (USD).
placeholder
Australian Dollar deepens losses despite rising Consumer Inflation ExpectationsThe Australian Dollar (AUD) loses ground against the US Dollar (USD) on Thursday for the sixth successive day.
Author  FXStreet
21 hours ago
The Australian Dollar (AUD) loses ground against the US Dollar (USD) on Thursday for the sixth successive day.
goTop
quote