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Thứ Năm, 6 tháng 6, 2019

Key features of Ferrum network

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.


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 runs on its native token, the Ferrum Token, or FRM, as the gas of the network. As a true utility token, the FRM is necessary to prevent malicious actors from spamming the network and to present proof to the network in order to run transactions. It is also used to increase transaction speeds, activate the Sub-Zero Wallet, reduce fees on the Infinity DEX, import and export value to and from the Network, among other functions. Finally, Kudi Exchange will cost FRM to use, but Kudi has agreed to pay this cost for users up to a per-user limit for a promotional period

Key features of ferrum network


+ Cross-Chain Interoperability - a next generation protocol designed to connect with every blockchain
+ High-Speeds and Low Costs - peer-to-peer transactions that confirm in milliseconds for around 1 cent in network fees
+ Integrated Line of Financial Products - buy, exchange, transact, and store any digital asset using advanced financial applications that run on the network
+ Launching with Users and Network Utility - real products, real users, proven business practices.

Kudi Exchange


Kudi Exchange allows individuals and businesses to seamlessly transact with one another using digital assets and local currencies.
  • Built for the african market: Kudi Exchange is designed and built to serve the African market. We understand that Africa has great opportunities as well as unique challenges in the crypto / digital asset space. Through Kudi Exchange, we plan to help drive the adoption and use of digital assets across the African continent.
  • Lowest fees and cheapest transaction costs: Kudi Exchange offers the lowest fees and the cheapest transaction costs of other similar exchanges. We are able to achieve this as a result of the advanced platform upon which Kudi Exchange is built.
  • Safe and secure platform: Your funds are safe and secure on Kudi Exchange. We have a team of engineers and developers that have worked for some of the largest technology companies in the world and are dedicated to ensuring that your funds remain secure and protected at all times.
  • Advanced technology: Kudi Exchange is one of the most secure payment and exchange platforms in the digital asset space. Kudi Exchange is powered by Ferrum Network, a revolutionary blockchain protocol that keeps transactions safe, fast, and inexpensive.

UniFyre Wallet


Instantly transact any digital asset with no counter-party risk using the non-custodial UniFyre Wallet
  • Risk-free otc trading: Removes middlemen from OTC trades and enables peer-to-peer transactions with no counter-party risk through novel features like requiring counter parties to accept a transaction before it is executed.
  • Instant market trades: Because UniFyre Wallet is connected to the Ferrum Network and Infinity DEX, users can buy and sell any digital asset in milliseconds at the market price in a decentralized manner.
  • Risk-freesafety features: Unlike the Bitcoin network and others where transactions cannot be undone and accidental loss is common, UniFyre Wallet senders can request confirmation that the transaction be “accepted” before it is executed, thereby preventing accidental loss.
  • High-speed and interoperable: All transactions run on top of Ferrum Network’s high-speed interoperability network, making UniFyre Wallet the first non-custodial wallet for high-speed peer-to-peer transactions of any digital asset.

The Team


Advisors



Roadmap

More information

Website: http://ferrum.network/
Whitepage: http://whitepaper.ferrum.network/
ANN: https://bitcointalk.org/index.php?topic=5134952
Telegram: http://t.me/ferrum_network
Twitter: https://twitter.com/FerrumNetwork
Facebook: https://www.facebook.com/Ferrum-Network-2344675192486134


Author: Haudhv
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1814424

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