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Cirus Foundation Partners With Polygon 

by Press Release
August 13, 2021
in Industry Announcements

Cirus Foundation has announced its partnership with Polygon as the key step in enhancing the functionality of the Cirus ecosystem by using full-stack Ethereum scaling solutions.

Enhanced security, high transaction speeds, and the ability to easily bridge between different blockchains are few among the many benefits that Cirus Ecosystem will now offer its users, based on Polygon’s solution, delivering, at the same time, its users value remittances from data monetization. This development further strengthens Cirus’ stance on its mission of driving blockchain and crypto adoption, and developing the ownership economy by relying on sustainable, long-term systems.

“To ensure longevity of the Cirus Platform, we have to build the ecosystem using solutions and protocols that are the clear leaders of the field. Polygon’s full-stack scaling solutions bring vital functionality to Cirus, and ensure our users are on the largest, most compatible network – Ethereum – leading to the best user experience possible,” said Cirus co-founder Daniel Bland.

“Cirus is one of the most impressive projects being developed on Polygon, with a real use case for blockchain, and an operational need for the scaling solutions we provide. We’re pleased to see projects like Cirus coming to light, focusing on mass-adoption of blockchain technology and long-term, viable solutions,” said Polygon VP of Growth Arjun Kalsy.

Besides being a boon to data monetization, building on Polygon will put infrastructure in place that allows Cirus users to support and secure the network. This way, they will be able to participate in the generation of value on all layers of the ecosystem. This approach falls in line with the Fat Protocol Thesis whereby most of the value in blockchain networks is expected to accrue at the protocol layer.

The development team at Cirus believes that in order to close the blockchain adoption gap, plug-and-play solutions have to be built on top of robust architecture such as that offered by Polygon. In an effort to do so, it has also been at work with other projects that have integrated Polygon’s forward-looking solutions.

Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting secured chains like plasma, optimistic rollups, ZK-rollups, Validium, etc., and standalone chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 500+ DApps, ~567M+ txns, and ~6M+ daily txns.

Cirus Foundation is the development team behind the Cirus Ecosystem, an accessible onramp designed to accelerate the adoption of Web 3.0 and the ownership economy. This consists of the Cirus Device, the Cirus Core, and the Cirus Confluence Network which work together to give users true ownership over the data streams they generate, and leverage that value even further into DeFi, and other Web 3.0 protocols.

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.


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