Privacy is key in today’s digital landscape, and it’s no different for businesses operating on Fuse. With this migration to Polygon CDK, Fuse is set to enhance its offerings, making it the ultimate Web3 payment solution for businesses.
Fuse Network has teamed up with Polygon Labs. Fuse embarks on an ambitious journey to create an innovative Ethereum-based Zero Knowledge (ZK) Layer-2 (L2) network, utilizing the formidable capabilities of the Polygon Chain Development Kit (CDK). The ZK-powered Layer-2 network will become Fuse’s new native platform, providing users and developers access to the world’s most prominent blockchain ecosystems. Fuse’s native utility token, FUSE, will be the designated token for covering gas fees on this network.
Sharing the significance of this initiative, Mark Smargon, CEO, Fuse Network, said, “At Fuse, we’re pioneering the future of Web3 payments by building an ecosystem that prioritizes the needs of our users and partners. Our vision includes very low transaction costs, instant clearing and finality, high throughput, and a decentralized validator set. In our quest to achieve these goals, we’ve conducted extensive research and found that using Polygon CDK perfectly fits our ecosystem.”
Driven by its scalability enhancements for Ethereum, unparalleled customization capabilities, privacy options, compliance-friendly architecture, and robust support for the Web3 ecosystem, Polygon CDK is the ideal choice for Fuse, poised to become a significant catalyst for businesses embracing blockchain. Looking ahead, with features like zkEVM to boost network TPS, enhanced user experiences through ZK instant transfers, a decentralized validator set for heightened security, improved bridging capabilities, and valuable partnerships with ecosystem players like Zeave and Gateway.
Polygon Chain Development Kit (CDK) catalyzes blockchain innovation, empowering developers to create custom Ethereum Layer-2 (L2) solutions. It ensures instant transaction finality, limitless scalability, and unified liquidity pools. Polygon CDK is at the forefront of blockchain adoption, offering Zero-Knowledge (ZK) technology, privacy options such as Zero-Knowledge Proofs (ZKP), and robust support for the Web3 ecosystem.
Polygon CDK will empower businesses to embrace blockchain and crypto payments for Fuse Network. A prime example is Wirex, a global crypto payments leader with 6 million users, which harnesses Polygon CDK for its App Chain (W-Pay). With this development, Fuse Network aims to revolutionize Web3 payments, offering scalability, customization, privacy, and robust Web3 support. Moreover, this promises to bring low transaction costs, instant finality, high throughput, and decentralized security to blockchain payments.
