Ferrum Network
FRM Ranking 1200 Ranking 1200

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] jest token bazuje na Ethereum, Binance Coin, Polygon blockchain. Najbardziej aktualna cena dla Ferrum Network [FRM] is 0,115232 zł. Ferrum Network jest notowany na 8 giełdach z sumą aktywnych rynków 12. Wolumen z 24h [FRM] jest 1 702 182 zł, podczas gdy Ferrum Network kapitalizacja jest 11 087 473 zł co klasyfikuje to jako #1200 z wszystkich kryptowalut. Możesz znaleźć więcej informacji na temat Ferrum Network [FRM] na ferrum.network