Ferrum Network (FRM) The price of Ferrum Network is $0.0086, a 0.36% 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 $0.009)

Quick Stats about Ferrum Network

The price of Ferrum Network is currently $0.01

1 hour % 12 hour % 24 hour % 7d % 30d % 1y %
BTC 0.88%
USD 0.36%
ETH 0.36%
BTC 4.55%
USD 3.23%
ETH 3.77%
BTC 9.52%
USD 9.54%
ETH 9.74%
BTC 45.57%
USD 45.46%
ETH 48.84%
BTC 85%
USD 50.69%
ETH 89.48%
BTC 0%
USD 0%
ETH 0%

The all time high price of Ferrum Network was $0.0293111 on 2019-09-18 02:22:32

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

Circulating Supply: 96218323 FRM

Beta Value: 0.805

Blockchain Service

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Tweets about Ferrum Network

Tweet by kjukju6 about Ferrum Network
@kjukju6 retweeted: 6 hours, 22 minutes, 50 seconds ago
Tweet media image Check this out got a Nigerian Bank account backed by a real bank from First Kudi powered by the #FerrumNetwork. This is what I call a perfect marriage of traditional finance and blockchain-based Fintech. It took just a second to send some NGN from the US to Asia.🀟 https://t.co/O0zRaoVicn
Tweet by kudiexchange about Ferrum Network
@kudiexchange retweeted: 1 day, 4 hours, 18 minutes, 8 seconds ago
Nigeria has been named amongst highest new users of #bitcoin and #first #kudi is proud to be an exchange platform for bitcoin https://t.co/WXRVWd0D4K #kudi #ferrum #btc
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 2 days, 22 hours, 37 minutes, 40 seconds ago
Here is a recap of the recent AMA conducted by @tehMoonwalkeR with our COO Ian Friend (@ifriend05) for those of you who missed the live event ↓ https://t.co/ULfHFiISWW
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 3 days, 23 hours, 17 minutes, 16 seconds ago
Tweet media image Join our COO Ian Friend on an AMA hosted by @tehMoonwalkeR πŸ“† Date/Time: 4th December 2019, 10:00am EST πŸ“Location: https://t.co/wpJjtymWlT https://t.co/0Ha1ao41h2
Tweet by UnifyreWallet about Ferrum Network
@UnifyreWallet retweeted: 5 days, 22 hours, 26 minutes, 47 seconds ago
Tweet media image β†’ Welcome to Our Official Twitter Page ← Here are some useful links for you to explore: ☞ Website: https://t.co/AbMmlgAkby ☞ Sign up for the waitlist: https://t.co/xTWFJvCFdA https://t.co/TDHns6jCea
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 1 week, 4 minutes, 36 seconds ago
Ferrum Network (FRM) Staking Recap In this article, we summed up the key details about the #staking campaign which came to a close on 29th Nov 19 Learn more: https://t.co/CB3oN1Uu6e
Tweet by kudiexchange about Ferrum Network
@kudiexchange retweeted: 1 week, 1 day, 8 hours, 10 minutes, 28 seconds ago
πŸ” In advance of the upcoming First Kudi app rebrand, we are thrilled to formally introduce the new First Kudi website! β†’ In this article, we highlight important aspects of the new site and discuss notable upcoming features. Enjoy! ↓ https://t.co/HBgisqTM6I
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 1 week, 1 day, 22 hours, 40 minutes, 27 seconds ago
Tweet media image Thank you to @coinpaprika for listing our FRM token and also introducing the @tradingview charts πŸ‘ β†’ Chart: https://t.co/wuIx3POdrE https://t.co/wRe9tuMKFE
Tweet by kudiexchange about Ferrum Network
@kudiexchange retweeted: 1 week, 3 days, 6 hours, 59 minutes, 35 seconds ago
Tweet media image First kudi #representatives live at The 2019 mobile money #conference. Theme : #Beyond #payment . #mobile #money #conference https://t.co/LoxsmW5gMs
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 1 week, 5 days, 2 hours, 6 minutes, 53 seconds ago
πŸ“£ We’re excited to announce a partnership with 2Key (@2keyNetwork) β†’ This will allow our community members to earn extra rewards for referrals in Staking & UniFyre Learn more about the partnership: https://t.co/sQSd3DQsNK
When moon? Moon buggy
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