Fuse: Sparking Change with new Blockchain Integration

Fuse: Sparking Change with new Blockchain Integration

It's been some time since our last chain integration, right? Well, buckle up, as our team is back and better than ever to provide you with the best projects in the game! Before we dive deep into our article, let's make sure you are signed up on the platform and join the freelancing revolution!

Ever wondered how easy life would be if you could integrate your passion for blockchain technology into your everyday life? Well, our 11th blockchain integration does just that! Let's meet Fuse, a public blockchain that provides low-cost Web3 payments without development headaches or vendor lock-in.

In 2023, Fuse Network experienced substantial growth and significant developments, positioning itself as a leading player in the Web3 payments and blockchain industry. As we enter 2024, Fuse Network is more vital than ever and presents an excellent opportunity for engagement within its ecosystem. Let's uncover it together!

From spark to flame...

Since its inception, Fuse has carved out a vibrant, dynamic ecosystem, transforming ambitious blueprints into tangible realities. As this project embarks on the next phase, their eyes are set on a groundbreaking mission: to democratize Web3 payments worldwide and supercharge small to medium-sized enterprises (SMEs) with an unparalleled blend of affordability, privacy, speed, scalability, and security.

A dominant force in Web3 payments, Fuse attracted more than 100 decentralized service providers, also called operators, who have launched their dApps strewn across various sectors, including gaming, mobile payments, non-fungible tokens (NFTs), decentralized exchanges (DEXs), and token bridges, among others.

Elevating SMBs with Advanced Blockchain Solutions

At the heart of Fuse 2.0 lies a commitment to empowering small and medium-sized businesses (SMBs) with cutting-edge Web3 applications, while keeping the door wide open for any visionary ready to launch or scale their decentralized apps. Thanks to its Ethereum Virtual Machine (EVM) compatibility, transitioning from Ethereum or any other EVM-friendly network is a breeze, ensuring a seamless integration process for existing applications.

Did you know?

Fuse Network is fully compatible with Ethereum, meaning that any smart contract deployed on the latter can also run on top of the Fuse Network.

Revolutionizing Consensus with Delegated Proof of Stake

Fuse 2.0's efficiency core is its innovative Delegated Proof of Stake (dPoS) consensus mechanism. This system refines the traditional Proof of Stake (PoS) by allowing transaction validators to stake their assets, thereby earning the privilege to verify transactions. The "delegated" twist means stakeholders can entrust their validating power to others, who then share the rewards, creating a collaborative ecosystem where responsibilities and benefits are shared.

Through this system, stakeholders wield the flexibility to elect delegates at their discretion, making the process of staking tokens straightforward through the user-friendly Voltage Finance app.

Defining Roles Within the Fuse 2.0 Ecosystem

Fuse 2.0 introduces distinct roles to streamline its architecture, ensuring clarity and efficiency within the ecosystem:

  • Operators - the architects of the future, utilizing the Fuse platform's seamless development process to craft Web3 apps that redefine payment facilitation.
  • Merchants - the driving force behind the dApps, employing these tools for everything from point-of-sale systems to loyalty programs, enhancing customer engagement.
  • Users - the ultimate beneficiaries of the dApps, experiencing firsthand the innovation and convenience offered by the Fuse platform.
  • Power validators - the backbone of the payment infrastructure, enabling Operators to deliver smooth, uninterrupted payment services.

The Pillars of Fuse 2.0

Beyond the robust Fuse Chain, the architecture of Fuse 2.0 is supported by four critical components, each designed to enrich the platform's functionality and user experience:

  1. Fuse SDK - a comprehensive toolkit that opens up a world of possibilities for developing and integrating Web3 applications with ease.
  2. Mobile Stack - tailored for the mobile-first world, this stack ensures that accessing and interacting with dApps is as natural as using any traditional app on your smartphone.
  3. Fuse Charge - a payment processing engine that redefines efficiency, allowing for instantaneous, secure transactions across the network.
  4. Voltage.finance - a platform that not only simplifies the staking and delegation process but also serves as a gateway to the broader DeFi ecosystem within Fuse 2.0.

Fuse 2.0 is not just an upgrade; it's a redefinition of what blockchain technology can achieve, especially for SMBs venturing into the Web3 domain. With its user-centric design, innovative consensus mechanism, and comprehensive support infrastructure, Fuse 2.0 is setting a new standard for decentralized applications and payment systems, promising a brighter, more inclusive future for digital finance.

$FUSE is now live on HYVE!

We know you waited for this moment - starting with today, $FUSE, the native token of the chain can be used on HYVE to pay for jobs, tasks or offers, thus making us appear one step closer to being a platform with universal methods of payment! Cheers to that!

The native token works on the Fuse chain just like $ETH works on Ethereum. New FUSE tokens are issued with every added block and used to pay for gas, the average block interval on Fuse being around 5 seconds with an average txn fee of <0.005 FUSE. Here's $FUSE's main utilities:

  • fuel for transactions - pay for transactions on Fuse
  • staking - support the network's security and consensus
  • governance on the Fuse ecosystem - influence decisions and directions
  • bridging - move assets to Fuse
  • last but not least, paying on HYVE!

What's new for HYVE?

Last Friday we released our Second Era of the new and updated HYVE Roadmap. If you missed it, make sure to click the link down below and get up to speed with what we'll be building between August and November this Year.

New HYVE Roadmap: Second Era
As the digital landscape continues to expand and transform - so do we. We aim to stand at the forefront of innovation as we are ready to launch our Second Era - a pivotal fourth-month period from August to November. This new phase is not just another chapter; it’s a

In short, we're adding the HYVE Store, improving browsing modes through new features and finishing our rebranding.