PSN 2.0 Go-Live
Fusion is excited to announce that after 3 months of rigorous testing and reporting from the Fusion Community and Technology team, PSN 2.0 has been scheduled for release on March 28th.
PSN 1.0: The Journey so Far
PSN 1.0 introduced a powerful wallet that demonstrated Fusion’s focus on building the financial infrastructure of the future with the features of asset creation, time-lock, universal short account numbers (USAN). Furthermore, Fusion introduced a new time-lock approach to staking in combination with its complete Proof of Stake consensus engine. Since PSN 1.0 launch on the 28th of December 2018, there have been hundreds of nodes packing blocks on the network, over 1 million transactions validated and more than 300,000 transaction blocks added.
The Fusion community has played an essential role in supporting the ecosystem by setting up hundreds of nodes on the network and testing the robustness of Fusion’s innovative features.
Input from community members had a profound impact on numerous code additions and Fusion is energized by the community’s enthusiasm. Special shout-outs to community members @iruwen and @arkivix for their contributions.
PSN 2.0: A Step Closer to Mainnet
PSN 2.0 is the next evolution of Fusion’s protocol, offering both performance enhancements and new features to create a globally connected ecosystem that provides simple and seamless value transfer. These enhancements incorporate knowledge gained from Fusion’s existing partnerships with companies building the next-generation of blockchain-based financial applications, such as AXP.
PSN 2.0 will become the home of various Beta developments, and continue to be a testing ground to move Fusion closer to its Mainnet launch.
Performance & Stability — Providing a performant and stable ecosystem for applications to exchange value upon continues to be the number one focus of the Fusion Foundation. Through updates to Fusion’s consensus algorithm, optimizations in API calls, and updated discovery ports, confirmation times improved by 200% and chain synch issues were resolved.
Quantum Swap — This breakthrough technology enables instant digital asset exchange, providing users with full control of setting terms, asset pairing, and making offers publicly available or private. Paired with Fusion’s Time-Lock technology released in PSN 1.0, the applications across industries are limitless. Below, we introduce just a few of the opportunities possible
Asset Enhancements — To support non-fungible assets (for example: artwork, songs, automobiles) and also provide a richer exchange experience, users can add attributes to describe their assets. Furthermore, users can create assets with fixed or changeable supplies to better capture the nuances in their assets’ value.
Fusion provides a walkthrough of these features here:
We are excited to embark on this next step in our journey, and invite the community to continue stress-testing with us and experiencing our new features as we move closer to Mainnet.
Over the coming days we will share additional information on how to get involved with staking in PSN 2.0.
