Introducing Our Newest Premium Buzz Backer: Polis
The Masternode Buzz team is excited to announce its newest Premium Buzz Backer, Polis.
At the core of its innovation, Polis is building a cryptocurrency for communities. The blockchain project believes that “people thrive when they can connect and trade freely.” As such, Polis deploys advanced blockchain technology to solve major problems for the global community.
There are quite a number of projects within the Polis ecosystem, all of which point towards the team’s dream of building a digital asset for communities. These projects currently include Kindynos, Polisnodes, and PolisPay.
Kindynos was founded to create and deploy high-quality technical solutions for individuals and enterprises. Whether it is a smart contract, an API, progressive web app, decentralized system, or blockchain software, Kindynos prides itself in being able to deploy a secure and optimized solution for every technical need.
Polisnode, on the other hand, allows users to host and monitor masternode investments. The platform which is currently priced at $2.99 per month supports over 20 digital assets.
Finally, PolisPay is a non-custodial cryptocurrency wallet that simplifies the process of sending and receiving cryptos for individuals and businesses. The app supports a plethora of other digital assets and has a feature for swapping coins into fiat currency that can be spent anywhere. With PolisPay, users can purchase gift cards for over 600 supported services in more than 130 countries.
Talking about the project’s progress, Polis has made some remarkable strides in the last few months; the most notable being its efforts to migrate to its Olympus blockchain. Once released, the new protocol will become the core codebase of the Polis blockchain, marking an end of Polis being a fork of DASH.
The ETA for the Olympus protocol is Q3, 2020 and it is expected to solve the scalability and security challenges associated with legacy Proof-of-Work and Proof-of-Stake blockchains. Furthermore, the protocol will utilize Casper consensus; a partial consensus mechanism that combines Proof-of-Stake algorithms with Byzantine fault-tolerant consensus theory.
Still in Q3, the Polis Pay version 9.0.0. is expected to go live. The new update will feature a small re-design, as well as a fix on masternode withdrawal issues from mobile wallets.
Beyond exchange listing and its work on Olympus in Q2, the Polis team also elected managers for its Decentralized Autonomous Organization. Its governance model hopes to tackle challenges such as community inclusion, complete transparency, and organization structure and is based on five fundamental pillars Technology, Community, Business, Adoption, and Marketing.
With the level of progress and zeal witnessed in Q2, it is expected that the Polis team will do even more in Q3 and Q4.