Dubai, UAE, August 1st, 2024, Chainwire
Haust Network will be built with Polygon Chain Development Kit (CDK), the leading Layer 2 platform for Ethereum scaling, utilizing zk-rollup technology to significantly increase transaction throughput and reduce transaction costs while maintaining network security.
Haust Network aims to facilitate fast, efficient, and secure management of various digital assets through its Wallet, allowing users full control of their private keys and complete ownership of their digital assets.
Polygon distinguishes itself from other Layer 2 blockchains with its diverse scaling solutions, providing high transaction throughput and low fees. It offers a mature developer environment with advanced tools and resources, continuously seeking new solutions, such as the aggregation layer (AggLayer).
AggLayer is designed to combine multiple blockchains for safer and more effective transactions, reducing computational overhead and transaction costs, and enabling faster, more cost-effective transactions for users. By connecting to the AggLayer, a blockchain integrates with numerous other chains through a single, unified bridge to Ethereum, as seen with OKX’s X Layer, Astar zkEVM, and Polygon zkEVM.
High transaction costs can limit user participation, but by using AggLayer, Haust Network enables high-volume, low-fee transaction processing without compromising security, providing users with simple, affordable, and quick payment experiences across all blockchain levels and reducing friction in cross-chain operations.
AggLayer enhances Haust Network’s lending and borrowing solutions, offering expanded services to a broader user base. With AggLayer’s advanced blockchain applications, Haust Wallet on Haust Network is positioned as a key tool for efficient and secure digital asset management in the decentralized finance (DeFi) market.
About Haust Network
Haust Network is an Application Absolute Liquidity Layer 2 EVM based Network, powered by zk-rollap technology to improve security and using Account Abstraction from the outset. Haust implements liquidity attraction technology through its own solution called Haustoria.
About Polygon Labs
Polygon Labs is a software development company building and developing a network of aggregated blockchains via the AggLayer, secured by Ethereum. As public infrastructure, the AggLayer will bring together user bases and liquidity for any connected chain, and leverage Ethereum as a settlement layer. Polygon Labs has also contributed to the core development of several widely-adopted scaling protocols and tools for launching blockchains, including Polygon PoS, Polygon zkEVM, and Polygon Miden, which is in development as well as Polygon CDK.
Contact
Lana Kovalski
[email protected]
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