Ferrum Network (FRM) The price of Ferrum Network is $0.0409, a -0.26% 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 $0.041)

Quick Stats about Ferrum Network

The price of Ferrum Network is currently $0.04

1 hour % 12 hour % 24 hour % 7d % 30d % 1y %
BTC 0%
USD -0.26%
ETH -0.7%
BTC -13.06%
USD -9.33%
ETH -7.27%
BTC -11.62%
USD -8.38%
ETH -9.15%
BTC 6.5%
USD 19.83%
ETH -6.72%
BTC -41%
USD -12.86%
ETH -40.93%
BTC 150.59%
USD 571.7%
ETH 63.65%

The all time high price of Ferrum Network was $0.10948346 on 2020-09-01 20:36:35

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

Circulating Supply: 96218323 FRM

Beta Value: 0.819

Blockchain Service

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Tweets about Ferrum Network

Tweet by Fara_vld about Ferrum Network
@Fara_vld retweeted: 4 hours, 13 minutes, 59 seconds ago
@FerrumNetwork @UnifyreWallet Great Job Ian & Team! We're also using @FerrumNetwork's technology with @Coretoio. 😎
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 1 day, 14 minutes, 38 seconds ago
Tweet media image Ferrum Network Progress in Numbers 📈 - Over 40 projects now use Ferrum's technology for their staking totalling to over $15mil in TVL! - Our @UnifyreWallet exceeded 8000 downloads and 60mil+ in $FRM held directly on Unifyre. We're super excited for the future ahead! https://t.co/wzI5VvqImC
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 1 day, 1 hour, 57 minutes, 39 seconds ago
Announcing the next staking project: YFiONE (@yfione) Learn more about the release: https://t.co/O8iQhJWfcb
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 1 day, 20 hours, 18 minutes, 13 seconds ago
Proud to be included on the Top 15 projects by @LunarCRUSH galaxy score! Also, big thank you for the infographic @CryptoDiffer! 👏 https://t.co/dqGja2b23j
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 2 days, 21 hours, 40 minutes, 47 seconds ago
Tweet media image $30,000 Has Been Added as @UniswapProtocol Liquidity for $FRM! Liquidity staking coming soon... Are you ready? Stay tuned! https://t.co/ubZuYO1rB1
Tweet by UnifyreWallet about Ferrum Network
@UnifyreWallet retweeted: 2 days, 22 hours, 35 minutes, 51 seconds ago
We allow you to send magic internet money with a simple link 🤯
Tweet by UnifyreWallet about Ferrum Network
@UnifyreWallet retweeted: 3 days, 16 hours, 58 minutes, 42 seconds ago
Unifyre Wallet: Staking Tutorial In this article, we’ve prepared a step by step guide on staking tokens using your Unifyre. https://t.co/wqbi7CkOjV
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 4 days, 20 hours, 12 minutes, 19 seconds ago
Tweet media image We're excited to announce upcoming staking pools for $FRM The community voted for the next two pools: Mercury and Neptune! Mercury: 30% APY, 4.5 month length, 4 million FRM cap Neptune: 60% APY, 9 month length and 3 million FRM cap More details will be announced soon! https://t.co/MKGGonbKD6
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 5 days, 42 seconds ago
Ferrum Network x Satoshi Club AMA (@esatoshiclub) Missed the live AMA? Here is a recap from the event that took place on 12th of November. https://t.co/BvzuUhKCrT
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 5 days, 2 hours, 46 minutes, 19 seconds ago
Congrats from the Ferrum Network team and community! We look forward to providing staking technology to your launchpad projects. #StakingPoweredByFerrum https://t.co/LFy14ie9Ok
When moon? Moon buggy
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