Fuse Network To Launch ZK-Powered Layer-Two Using Polygon CDK

Tel Aviv, Israel

In a groundbreaking collaboration, Fuse Network, a leading layer-one blockchain player specializing in scaling Web 3.0 payments, has teamed up with Polygon Labs, a globally acclaimed blockchain technology firm.

Fuse embarks on an ambitious journey to create an innovative Ethereum-based ZK (zero-knowledge) layer-two network, utilizing the formidable capabilities of the Polygon CSK (chain development kit).

The ZK-powered layer-two 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.

Driven by its scalability enhancements for Ethereum, unparalleled customization capabilities, privacy options, compliance-friendly architecture and robust support for the Web 3.0 ecosystem, Polygon CDK is the ideal choice for Fuse, poised to become a significant catalyst for businesses embracing blockchain.

Mark Smargon, CEO of Fuse Network, underscores the significance of this initiative, and said,

“At Fuse, we’re pioneering the future of Web 3.0 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.”

Migration process to Polygon CDK

• Step one – Deployment of the ZK rollup on Fuse’s existing layer-one, allowing testing of the new stack with a mock prover to assess costs and performance.
• Step two – Integration of layer-one <> layer-two communication into Fuse’s products, ensuring seamless integration and movement between layer-one and layer-two, along with Fuse tokenomics integration into the rollup. This step will also encompass building separate pricing for services on layer-two as a bundle and bridging and liquidity integration across the Polygon ecosystem.
• Step three – Migration of the network to ZK Validium with a chosen partner – Zeeve, Gateway, Avail, etc. – migration of the validator set to the new stack, and collaboration with leading stakeholders to test the new network on a testnet. Subsequently, a quick migration option for liquidity and bridges was developed.

Looking ahead, with features like zkEVM to boost network TPS,…