Ferrum Network (FRM) The price of Ferrum Network is $0.0452, a -5.19% 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 $0.045)

Quick Stats about Ferrum Network

The price of Ferrum Network is currently $0.05

1 hour % 12 hour % 24 hour % 7d % 30d % 1y %
BTC -5.26%
USD -5.19%
ETH -5.13%
BTC -4.89%
USD -5.05%
ETH -4.31%
BTC 17.68%
USD 17.72%
ETH 16.94%
BTC 50%
USD 51.22%
ETH 44.24%
BTC 98.84%
USD 94.67%
ETH 92.87%
BTC 0%
USD 0%
ETH 0%

The all time high price of Ferrum Network was $0.05686061 on 2020-07-07 01:51:38

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

Circulating Supply: 96218323 FRM

Beta Value: 0.813

Blockchain Service

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Tweets about Ferrum Network

Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 22 hours, 15 minutes, 41 seconds ago
Tweet media image πŸ“Ί We're super excited to hear Chico's take on Ferrum Network $FRM Tune in on Wednesday at 3pm PST on his YouTube channel to learn more: Youtube: Telegram: https://t.co/7ETCt8SHZV https://t.co/UWJkJujYqq
Tweet by UnifyreWallet about Ferrum Network
@UnifyreWallet retweeted: 1 day, 2 hours, 34 minutes, 44 seconds ago
We are proud to announce the next partnership listing on UniFyre Wallet: @2keyNetwork Learn more about the partnership and what’s to come in the near future ↓ https://t.co/DBYrmCI2NY
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 2 days, 4 hours, 56 minutes, 14 seconds ago
Tweet media image πŸ›  Ferrum Network Development Update - Improved the linkdrop accept process - Improve linkdrop preview and functionality in different applications, such as twitter, facebook, facebook messenger 1/3 https://t.co/LareRpSUnI
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 3 days, 18 hours, 15 minutes ago
Glad to see Ferrum CMO, @domscrypto shortlisted for the influencer award by @binance! You can vote for Dom with the form listed in the tweet below πŸ‘‡πŸ‘‡πŸ‘‡ https://t.co/CrlAybdpUd
Tweet by UnifyreWallet about Ferrum Network
@UnifyreWallet retweeted: 5 days, 2 hours, 21 minutes, 19 seconds ago
Tweet media image πŸ“£ Introducing: Unifyre Wallet Pool Drops β†’ Send crypto to multiple people with a single link β†’ Create distribution & marketing campaigns with just a few clicks β†’ The first fun, engaging and promotional multi-sender tool in crypto! The release is VERY close, are you ready? https://t.co/hCdejnHbZO
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 1 week, 33 minutes, 59 seconds ago
Tweet media image Introducing: Pool Drops @UnifyreWallet A MAJOR UPDATE is sent to testers! Pool Drops allow users to send crypto to multiple people with a single link, complete distributions with a few clicks & run massive marketing campaigns with hundreds of participants. Excited for launch!πŸ’ͺ https://t.co/TlzNGXtnaa
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 1 week, 5 hours, 45 minutes, 36 seconds ago
Great to see @CoinMarketCap introduce the #DeFi section on their platform! By the way, can you spot the rank of $FRM? πŸ˜‰ https://t.co/TpCSgb28El
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 1 week, 20 hours, 2 minutes, 34 seconds ago
Unifyre Wallet powered by Ferrum Network is changing the crypto game forever, check it out!↓ iOS: https://t.co/eBAlnxXkHV Android: https://t.co/I15crTMHVH https://t.co/tdJNR93wQH
Tweet by UnifyreWallet about Ferrum Network
@UnifyreWallet retweeted: 1 week, 3 days, 22 hours, 48 minutes, 7 seconds ago
Tweet media image Unifyre Wallet in Numbers πŸ“ˆ Check out an overview of total numbers: - $FRM held on Unifyre - Downloads - 100k+ Accounts Thank you for the support in the past few weeks! https://t.co/3YsfsiSvgZ
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 1 week, 5 days, 23 hours, 31 minutes, 18 seconds ago
Tweet media image πŸ›  Ferrum Network Development Update - Began integrating Mobile Money for the @firstkudiapp Ghana launch - Completed preparation for @Quant_network $QNT listing on @UnifyreWallet - Unifyre Pool Drops feature moving into beta testing phase https://t.co/l24WZAKOQf
When moon? Moon buggy
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