Fuse Network and Polygon Labs set to create an Ethereum-based ZK Layer-2 network for enhanced Web3 payments.
FUSE token is designated for gas fees, aiming to cut transaction costs and enhance user experience on the new Layer-2 network.
The collaboration leverages Polygon CDK's scalability, customization, privacy, compliance, and robust Web3 support.
The migration plan involves ZK rollup deployment, Layer-1 <> Layer-2 integration, and migration to ZK Validium with selected partners, ensuring testing and quick options.
Anticipated enhancements include zkEVM, ZK instant transfers, a decentralized validator set, improved bridging, and partnerships, signaling a Web3 payment revolution by Fuse Network.