Flash

Polygon

Fuse

Zero

Coin

<ul class="news-points"> 
 <li>Fuse Network boosts scalability with ZK-powered Layer 2 and Polygon CDK integration.</li> 
 <li>Deflationary token model is set to enhance FUSE value.</li> 
 <li>New maximum validator stake for improved participation.</li> 
</ul> 
Fuse Network has successfully deployed the consensus contract on its Flash testnet. With the upcoming transition to mainnet, several key updates will be implemented, including a new maximum stake requirement for validators, a deflationary token model, and the integration of Polygon’s Chain Development Kit (CDK).&nbsp;&nbsp;&nbsp; 
By integrating a ZK-powered Layer-2 using <a href="https://coinedition.com/polygon-secures-key-partnerships-with-ronin-and-fox-news-boosting-matic/">Polygon CDK</a>, the network aims to create a native Ethereum-based Zero Knowledge (ZK) rollup. Key improvements will include FUSE serving as the gas fee token, phased testnet adjustments, and an enhanced user experience through increased throughput and decentralized validation. 
Fuse Network’s <a href="https://forum.fuse.io/t/new-consensus-contract-proposal-maximum-staking-increased-to-10-m-fuse/721" target="_blank" rel="nofollow">consensus mechanism</a> will help cap the maximum supply of FUSE tokens, adopting a deflationary token model, and introducing a new maximum stake requirement for validators. This strategy aims to boost the token’s desirability and long-term value for its community members while supporting the migration to an L2.&nbsp;&nbsp;&nbsp; 
A def…
The post <a href="https://coinedition.com/fuse-network-upgrades-infrastructure-adopts-polygons-zk-rollup-tech/">Fuse Network Upgrades Infrastructure, Adopts Polygon’s ZK-Rollup Tech</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Fuse Network Upgrades Infrastructure, Adopts Polygon’s ZK-Rollup Tech

Coin Edition

Autres articles publiés le 30 juil. 2024

Solana Overtakes Ethereum in Transaction Fees After Beating BNB in Market Cap

Michael Novogratz’s Galaxy Digital Acquires $1B in Ethereum Staking Assets

Bitcoin, Ethereum ETFs take different paths amid market correction

Kamala Harris Launches $50M Ad Campaign Against Trump

70 million XRP tokens move from exchange, Bullish signal or what?

Chainlink Proof of Reserve Now Backs 21Shares Core Ethereum ETF

Join our free newsletter for daily crypto updates!