Ferrum Network (FRM) The price of Ferrum Network is $0.42112, a -0.65% percent change for the last hour. 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.

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. (The price of Ferrum Network is $0.42112)

Quick Stats about Ferrum Network

The price of Ferrum Network is currently $0.421120

1 hour % 12 hour % 24 hour % 7d % 30d % 1y %
BTC -0.12%
USD -0.65%
ETH -0.61%
BTC -4.67%
USD -4.12%
ETH -1.39%
BTC -6.79%
USD -16.23%
ETH -6.86%
BTC -4.67%
USD -15.86%
ETH -23.23%
BTC -37.88%
USD -49.89%
ETH -71.11%
BTC 772.92%
USD 4734.92%
ETH 145.13%

The all time high price of Ferrum Network was $1.21656163 on 2021-04-11 23:42:38

Development Status: On-going development
Proof Type: Not mineable
Hash Algorithm: None
Hardware Wallet: No

Circulating Supply: 96,218,323 FRM

Beta Value: 0.978

Blockchain Service

Leave a comment in the Ferrum Network forum

Tweets about Ferrum Network

Tweet by Kenny_Unoffcial about Ferrum Network
@Kenny_Unoffcial retweeted: 3 weeks, 18 hours, 29 minutes ago
Tweet media image I am Super bullish on @ibetyouxyz Launch🔥 $IBY is a Decentralised Betting Protocol that enables users to Bet and Earn Incentives through Participation🤩 Also its launching on $FRM @FerrumNetwork anti bot launch has been always a great success💰💰 One Page Project Review👇🏻 https://t.co/GA0zXfYohG
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 3 weeks, 18 hours, 56 minutes, 22 seconds ago
Building a crypto #DeFi ecosystem - Ian Friend @ifriend05 (COO of Ferrum Network) Learn more about the roots of Ferrum and what’s coming up in the future on the Token Metrics show 👇@tokenmetricsinc
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 3 weeks, 1 day, 5 hours, 43 minutes, 56 seconds ago
Announcing the Next Staking Project: ROYALE (@Royale_Finance) Learn more about the staking of Royale through Ferrum’s flexible staking technology: https://t.co/atToZDTbiP
Tweet by UREEQA_Inc about Ferrum Network
@UREEQA_Inc retweeted: 3 weeks, 1 day, 13 hours, 47 minutes, 14 seconds ago
In collaboration w/ @FerrumNetwork, we're excited to announce the world's first #ResponsiblyMinted NFT with @bktheartist. It will be validated, backed by a robust Package of Proof & then, for the very first time, a responsibly minted NFT will be issued.🚀 https://t.co/rVYTqwIhcZ
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 3 weeks, 2 days, 5 hours, 4 minutes, 15 seconds ago
What is your favorite #FAS (Ferrum Advisory Services) project so far? 😊
Tweet by BigcoinCapital about Ferrum Network
@BigcoinCapital retweeted: 3 weeks, 2 days, 6 hours, 42 minutes, 12 seconds ago
Tweet media image Announcement: Strategic partnership between #BigcoinVietnam and #FerrumNetwork. @FerrumNetwork brings you tried and true, investment opportunities in the pre-sale realm with x20 x30 x50 x80 and beyond ROIs!!! The likes of $BONDLY, $POOLZ, $URQA, and much more!💰 https://t.co/pdiSP7O8DY
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 3 weeks, 2 days, 6 hours, 48 minutes, 42 seconds ago
The crypto markets are flooded with red but seize this opportunity by taking part in the Ferrum Story Competition! Winners take home 250FRM, 500FRM or 1000FRM every week! https://t.co/vuU7VQG2rg
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 3 weeks, 2 days, 23 hours, 4 minutes, 37 seconds ago
📣📣 Ferrum Network #NFT Division — Announcing Partnership lineup: BK The Artist (@bktheartist) & Vapor95 (@VaporFashion) in Conjunction with UREEQA & NetVRk! (@UREEQA_Inc, @NetVRk1) https://t.co/pohrjDYjIb
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 3 weeks, 3 days, 1 hour, 35 minutes, 34 seconds ago
🎙 Our COO Ian Friend (@ifriend05) interviews Project Inverse (@InverseProject) in our ‘Ferrum Network Interview Series’ discussing the next steps and future ahead.
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 3 weeks, 3 days, 15 hours, 47 minutes, 47 seconds ago
Tweet media image Ferrum removes barriers to #DeFi mass adoption. https://t.co/RGCukBlvY3
When moon? Moon buggy