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, BNB, Polygon blockchain. The most actual price for one Ferrum Network [FRM] is $0.000407. Ferrum Network is listed on 4 exchanges with a sum of 6 active markets. The 24h volume of [FRM] is $54 068.97, while the Ferrum Network market cap is $39 180.00 which ranks it as #2161 of all cryptocurrencies. You can find more information about Ferrum Network [FRM] on ferrum.network
# | Exchange | Pair | Volume (24h) | Price | Volume (%) | Category | Fee Type | Updated |
---|---|---|---|---|---|---|---|---|
1 | ![]() C | $51 628.93 | $0.000400 | 98.390000% | Spot | Percentage | 48 seconds ago | |
2 | ![]() C | $439.15 | $0.000095 | 0.840000% | Spot | Percentage | 40 seconds ago | |
3 | ![]() C | $329.33 | $0.000448 | 0.630000% | Spot | Percentage | 1 minute ago | |
4 | ![]() C | $75.95 | $0.000095 | 0.140000% | Spot | Percentage | 54 seconds ago | |
5 | ![]() C | $0.201879 | $0.000407 | 0.000400% | Spot | Percentage | 1 minute ago |
#45
19.73%
#130
-7.91%
#130
-7.67%
#2819
no data
(1 day ago), 1 min read
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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 |
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Tags |
|
---|
Blog | medium.com |
---|---|
facebook.com | |
Faq | ferrum.network |
How to buy Ferrum Network? How can I buy the Ferrum Network coin? Ferrum Network stock how to buy? How to get Ferrum Network?
To find out where you can buy currency Ferrum Network see the list of available exchanges.
Where to trade Ferrum Network?
Click here to see the list of available exchanges for 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.
Mining Ferrum Network coin
Ferrum Network coin has a consensus mechanism: . You can mint these coins with the None algorithm.
Ferrum Network is a token and it means it is a cryptocurrency, which based its activities on the blockchain of other cryptocurrencies such as Ethereum Blockchain or EOS Blockchain. Examples of Tokens: Chainlink, OmiseGo, 0x.
What is the Ferrum Network coin cap?
Circulating supply of this Ferrum Network is 96218323. Total supply of this coin/token is 331715750. Max supply is 331715750.
What is the value of Ferrum Network coin?
1 Ferrum Network is worth $0.000407.
To get price and historical data for Ferrum Network coin, use API ID: frm-ferrum-network for endpoints at http://api.coinpaprika.com.
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