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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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  • Coin Marketcaps
  • Home
  • Crypto
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  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    NFT Sales Spike in July—but Still Miles Below 2024’s Highs

    Ethereum Collections Lead NFT Sales Today

    Ethereum Collections Lead NFT Sales Today

    how NFTs became a global brand and a Web3 “social currency”

    how NFTs became a global brand and a Web3 “social currency”

    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    Labubus have succeeded in every way that NFTs have failed

    Labubus have succeeded in every way that NFTs have failed

    CryptoPunks Floor Price Hits 3-Year High of $208,000

    CryptoPunks Floor Price Hits 3-Year High of $208,000

    NFT sales surge to $574 million in July, second-highest in 2025

    NFT sales surge to $574 million in July, second-highest in 2025

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    CryptoPunks price surges to $200k, $PUNKS loaner Gondi accused of facilitating chandelier bids

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    Ethereum NFT Sales Surge 56% in July 2025 as Alt-Chains Lose Market Share

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    The Biggest Games Releasing in August 2025

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    TaskOn Joins EPHYRA to Elevate AI-Powered Gaming Experience

    The Squid Fighter game is taking Telegram by storm — join the fight and claim your NFT before it’s too late!

    The Squid Fighter game is taking Telegram by storm — join the fight and claim your NFT before it’s too late!

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    Early Off the Grid Skin Holders Are Cashing In – Will You?

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    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

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    NFTs at Your Fingertips: Inside Japan’s NFT Vending Machine Trend

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  • Blockchain
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    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

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    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

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    ETH Daddy Discusses Ethereum and AI

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    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

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    What’s the Difference & Which Is Better to Trade?

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  • Analysis
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    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

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Home Blockchain

Fuse Flash testnet and new token model changes announced

July 30, 2024
in Blockchain
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Fuse Flash testnet and new token model changes announced
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Fuse Network has announced that the Consensus Contract on the Flash Testnet network is now live, as per the latest updates shared with Finbold on July 29.

READ ALSO

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Dedicated to advancing the network’s capabilities, stability, and decentralization, Fuse is likewise introducing several key updates, including a new maximum stake requirement for validators, a deflationary token model, and the integration of Polygon’s Chain Development Kit (CDK).

zkEVM Layer 2 Network

The transition to a ZK-powered Layer-2 (L2) network using Polygon CDK is expected to boost the network’s scalability, security, and interoperability.

As Fuse progresses towards zkEVM architecture, its mainnet launch is expedited to Q4 2024.

This aligns with the platform’s overall strategy to make Fuse a modular blockchain, supporting new financial models and business use cases in Web3.

Key improvements and features to accompany the transition include a ZK Layer-2 network leveraging Polygon CDK to create an Ethereum-based Zero Knowledge (ZK) network, which will become our native network post-launch.

Further, the team hopes for increased scalability, customization, privacy, and Web3 support, with FUSE serving as the gas fee token.

Likewise, phased testnet adjustments including ZK rollup deployment, L1 <> L2 integration, and migration to ZK Validium will improve user experiences with increased transactions per second (TPS) throughput and decentralized validation.

Finally, Fues hopes to forge strategic partnerships to drive blockchain adoption for businesses.

Upgrade to the consensus mechanism

The change to Fuse Network’s consensus mechanism means capping the maximum supply of FUSE tokens, adopting a deflationary token model, and introducing a new maximum stake requirement for validators.

See also  SynFutures launches V3 on Blast mainnet and unveils points program; plans token launch this year

This will hopefully drive token demand and long-term value for community members while supporting L2 migration.

A deflationary model will ensure more stable exchanges for businesses and consumers in need of Web3 financing and stabilize FUSE prices, adding value to all stakeholders.

Rising maximum stake amounts for validators will likewise reduce the number of nodes on Fuse, simplifying the validation process as validators can run fewer nodes.

Migration to Nethermind

Finally, Fuse is upgrading from Open Ethereum to Nethermind in a move set to boost performance, improve security, and stabilize transaction fees.

Likewise, Nethermind introduces critical new Ethereum Improvement Proposals (EIPs) to protect against potential vulnerabilities.

Tags: AnnouncedFlashFuseModeltestnetToken

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Bitcoin, XRP surge as Ethereum, Dogecoin struggle: What’s behind crypto’s latest moves?

Bitcoin, XRP surge as Ethereum, Dogecoin struggle: What’s behind crypto’s latest moves?

April 27, 2025
Crypto firm BitFuFu acquires data center in Oklahoma for $20M

Crypto firm BitFuFu acquires data center in Oklahoma for $20M

February 22, 2025
A Beginners Guide to Investing in TON Launchpad Projects

Investing in Akedo Games on Ton: The Future of Blockchain Gaming

July 16, 2024
Bitcoin Miners Reap Windfall as ‘Runes’ Debut Sends Transaction Fees to Record Highs

Bitcoin Miners Reap Windfall as ‘Runes’ Debut Sends Transaction Fees to Record Highs

April 21, 2024

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