FON Smart Chain is an innovative solution to bring programmability and interoperability to Beacon Chain. FON Smart Chain relies on a system of 21 active validators with Proof of Staked Authority (APoS) consensus that can support short block time and lower fees. The most bonded validator candidates of staking will become validators and produce blocks. The double-sign detection and other slashing logic guarantee security, stability, and chain finality. Other than the 21 active validators, FSC will introduce more validators, e.g. another 20 inactive validators, into the validator set as backups, which will be called “Candidates”. Candidates will produce blocks and charge gas fees in FSC mainnet, but in a much less chance than the official validator set of 21 elected. The unavailable candidates will be slashed as well though in a smaller size. A decent motivation is expected to be maintained so that the candidate validators are willing to ensure the quality and help secure FSC. In an extreme case, if a majority of the active 21 validators get attacked and offline, Candidate Validators can report to Beacon Chain about the stale blocking, resume it and eventually propose a re-election of the active validator set. The FON Smart Chain also supports EVM-compatible smart contracts and protocols. Cross-chain transfer and other communication are possible due to native support of interoperability. Binance DEX remains a liquid venue of the exchange of assets on both chains. This dual-chain architecture will be ideal for users to take advantage of the fast trading on one side and build their decentralized apps on the other side.
FONSmartChain [FON] jest kryptowaluta z własnym blockchainem.Najbardziej aktualna cena dla FONSmartChain [FON] is 4,57 zł. FONSmartChain jest notowany na 1 giełdach z sumą aktywnych rynków 1. Wolumen z 24h [FON] jest 767 704 zł, podczas gdy FONSmartChain kapitalizacja jest 79 564 244 zł co klasyfikuje to jako #721 z wszystkich kryptowalut. Możesz znaleźć więcej informacji na temat FONSmartChain [FON] na fonscan.io
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45.5%
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0.18%
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How to buy FONSmartChain? How can I buy the FONSmartChain coin? FONSmartChain stock how to buy? How to get FONSmartChain?
To find out where you can buy currency FONSmartChain see the list of available exchanges.
Where to trade FONSmartChain?
Click here to see the list of available exchanges for FONSmartChain.
FON Smart Chain is an innovative solution to bring programmability and interoperability to Beacon Chain. FON Smart Chain relies on a system of 21 active validators with Proof of Staked Authority (APoS) consensus that can support short block time and lower fees. The most bonded validator candidates of staking will become validators and produce blocks. The double-sign detection and other slashing logic guarantee security, stability, and chain finality. Other than the 21 active validators, FSC will introduce more validators, e.g. another 20 inactive validators, into the validator set as backups, which will be called “Candidates”. Candidates will produce blocks and charge gas fees in FSC mainnet, but in a much less chance than the official validator set of 21 elected. The unavailable candidates will be slashed as well though in a smaller size. A decent motivation is expected to be maintained so that the candidate validators are willing to ensure the quality and help secure FSC. In an extreme case, if a majority of the active 21 validators get attacked and offline, Candidate Validators can report to Beacon Chain about the stale blocking, resume it and eventually propose a re-election of the active validator set. The FON Smart Chain also supports EVM-compatible smart contracts and protocols. Cross-chain transfer and other communication are possible due to native support of interoperability. Binance DEX remains a liquid venue of the exchange of assets on both chains. This dual-chain architecture will be ideal for users to take advantage of the fast trading on one side and build their decentralized apps on the other side.
FONSmartChain is a coin and it means this is a cryptocurrency that has its own blockchain and works independently from other cryptocurrencies. Examples of Coins: Bitcoin, Stellar, Litecoin.
What is the value of FONSmartChain coin?
1 FONSmartChain is worth $1.116536.
To get price and historical data for FONSmartChain coin, use API ID: fon-fonsmartchain for endpoints at http://api.coinpaprika.com.
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