MASQ Network will integrate with Polygon for a full stack scaling solution to address the mesh-network monetisation model and scale the peer-to-peer network capabilities of MASQ Node software.
MASQ Network is building a decentralized mesh-network, allowing users to connect and route content across the internet without facing censorship in the region they are living.
The MASQ Network peer to peer incentive model needs to operate using fast, efficient and trustless transactions flowing between users, using the MASQ utility token. This model, operating on Ethereum currently, has shown significant limitations with the effect of rising gas-costs and network congestion. By utilizing Polygon for the scaling solution, testing can begin on optimising the network model, while also allowing users to operate with extremely reduced gas-fees and rapid transaction processing in future software releases.
Polygon was also chosen by popular vote within the MASQ community, in their first governance proposal (Polygon was voted unanimously)
Polygon has a rapidly growing ecosystem — this is fostered by the smooth transition for developers to move Ethereum based dapps to the Polygon side-chain.
As a popular chain with low transaction fees, Polygon is a good environment to continue to build the GEMINI software (v0.2) version, and leverage the stability and speed of network transactions in both testnets and pre-mainnet stages.
The core team has started work immediately, to develop the Polygon chain support in the software, which allows the MASQ Network users to interact on the Polygon chain, utilize the same wallet integrations for spending and earning MASQ utility tokens, and have choices of blockchain services (both public and personal RPC endpoints).
Shortly the community will see the token contracts being mapped to Polygon and Mumbai testnet, token bridge going live and other exciting developments from the software side being shared!
Benefits to MASQ Network Users
Users of the next software release will of course enjoy the choice of Polygon Network in the GEMINI software when they first set up their MASQ Node.
Choosing Polygon Network provides the user with greatly reduced gas-fees, and fast transaction times – all secured on top of the security provided by Ethereum’s consensus model by way of checkpoints on-chain.
In addition, there won’t be the risk of blockchain network congestion and users experiencing poor performance, since Polygon can operate at speeds of up to 7000 transactions per second.
Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 700+ applications hosted, ~600M total transactions processed, ~60M unique user addresses, and $5B+ in assets secured.
About MASQ Network
MASQ Network is building a censorship-resistance mesh network, allowing all global netizens access to internet content, regardless of where they live. In addition, MASQ software will offer superior privacy features and combines all the benefits of VPN and Tor technology without many of the disadvantages of those tools.