The new ZK-powered layer two network will become the Fuse’s native network and will tap on the FUSE token for a gas fee.
The transition from the Fuse layer one to Layer two is expected to take place in several stages for the next twelve months.
Fuse (FUSE) network, an EVM-compatible layer one blockchain with about $1.54 million in Total Value Locked (TVL), has announced that it has embarked on a journey to transition to an Ethereum-based zero-knowledge (ZK) layer two network through the use of Polygon Chain Development kit (CDK).
According to the announcement, the new layer two networks will focus on scaling web3 payments with the help of Polygon and Ethereum’s established blockchain features. As a result, the FUSE token will automatically become the native token for the new zk-layer two network.
“At Fuse, we’re pioneering the future of Web3 payments by building an ecosystem for businesses that prioritizes the needs of our users and partners. Our vision includes low transact
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