Ferrum Network
FRM
Ferrum Network (FRM) Metrics
Ferrum Network Price Chart Live
About Ferrum Network
At its core, Ferrum Network is a decentralized exchange and transaction network. By utilizing existing and novel technologies, Ferrum Network allows users to cryptographically represent other digital assets, which can then be used as a medium of exchange for other digital assets, whether they are backed by centralized or decentralized technologies. We propose a protocol called Ferrum and its implemented cryptocurrency proxy called Fe. The value of every Fe is pegged to another cryptocurrency, and it can be imported or exported in relation to the underlying cryptocurrencies it represents. For example, users can convert their Bitcoins to a Fe equivalent, and execute countless fast transactions on the Ferrum Network with minimal costs, thereby avoiding the slow transaction speeds and high fees experienced in the Bitcoin network. Users can further convert their Fe back to any other originating cryptocurrency supported by the Ferrum Network. We further propose an implementation of Ferrum based on a directed acyclic graph (DAG) ledger. We utilize concepts that we call Proof of Burn, External Proof, and Futures to enable this cross-chain exchange.
Ferrum Network [FRM] is a token based on Ethereum, Binance Coin, Polygon blockchain. The most actual price for one Ferrum Network [FRM] is $0.012081. Ferrum Network is listed on 5 exchanges with a sum of 8 active markets. The 24h volume of [FRM] is $295 007, while the Ferrum Network market cap is $1 162 407 which ranks it as #1424 of all cryptocurrencies. You can find more information about Ferrum Network [FRM] on ferrum.network
FRM Markets
| # | Exchange | Pair | Volume (24h) | Price | Volume (%) | Category | Fee Type | Updated |
|---|---|---|---|---|---|---|---|---|
| 1 |  C | $39 629.85 | $0.013121 | 13.450000% | Spot | Percentage | 2 minutes ago | |
| 2 |  C | $69 127.03 | $0.012037 | 23.460000% | Spot | Percentage | 2 minutes ago | |
| 3 |  C | $50 073.58 | $0.011967 | 16.990000% | Spot | Percentage | 1 minute ago | |
| 4 |  C | $134 465.27 | $0.011815 | 45.630000% | Spot | Percentage | 1 minute ago | |
| 5 |  C | $1 419.13 | $0.012255 | 0.480000% | Spot | Percentage | 2 minutes ago |
Trends Market Overview
#49
27.75%
#95
-8.73%
#4956
-6.84%
#2883
no data
News All News
Ferrum Network Basics
| Development status | On-going development |
|---|---|
| Org. Structure | Centralized |
| Open Source | Yes |
| Consensus Mechanism | Not mineable |
| Algorithm | None |
| Hardware wallet | Yes |
| Started |
1 August 2019
over 5 years ago |
|---|
| Website | ferrum.network |
|---|---|
| Wallet | Coins Mobile App |
| Source code | github.com |
|---|---|
| Asset type | Token |
| Contract Address |
| Explorers (3) | etherscan.io bscscan.com polygonscan.com |
|---|
| Tags |
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| Blog | medium.com |
|---|---|
| facebook.com | |
| Faq | ferrum.network |
