Ferrum.network Overview

in #ferrum6 years ago (edited)

p2p.jpg

Problems

P2P exchange is a naturally developed theory, aimed at eliminating the limits of how to buy and sell regular Bitcoin.

Nearly during Bitcoin's existence, online transactions have acted as gateways to the pre-algorithmic world. But with the fact that there are very few online and real-life stores that accept electronic money as a payment method, they have created the need to build an interface so that users can make interactions between the economy. International real world and Bitcoin network.

Online trading platforms such as Bitstamp, China BTC, Kraken, ... have met these needs by becoming a popular place to buy Bitcoin and other electronic currencies in cash and vice versa.

The drawback here is that unlike Bitcoin, these exchanges are managed by companies. This means that their employees have the right to monitor and manage all transactions between users, playing the role of referee in resolving disputes and charging all of the above activities to collect money. .

Seeing the disadvantages produced by the above activities, some members of the ferrum.network community have been working on creating a new solution - the first high-speed interactive network for financial applications in The real world, characterized by Cross-Chain Interoperability - a next-generation protocol designed to connect to every blockchain.

About Ferrum network



Ferrum is a decentralized interoperability network that allows to manage, trade and exchange any digital asset without storing user assets. Built on a cyclic graph network (DAG), Ferrum is faster, less expensive and more scalable than traditional block chains. Not limited to ERC-20 token; Users can send almost any digital asset to Ferrum to create a proxy token that can be traded and exchanged equally with Ferrum Wallet or Ferrum's user-friendly DEX. And soon, fiat currency can be exchanged online.

Ferrum Network is the first high-speed interactive network built for real-world financial applications. Network Ferrum's DAG-based protocol layer can connect to any blockchain and allow peer-to-peer transactions of any digital asset in milliseconds with almost zero network costs.

UniFyre wallet allows users to trade any digital risk-free partner asset and provides revolutionary capabilities such as risk-free OTC transactions, instant market transactions and features Safe to avoid accidental loss. All online transactions require a number of nominal tokens to be spent and burned.

The outstanding technology of Ferrum network

DAG ledger

A decentralized ledger is similar to a blockchain but is designed for fast transactions, minimal network fees and no operators.

Interactive network

Innovating cross-chain solutions, Ferrum can interact with any blockchain network

Decentralized proxy token

Decentralized proxy tokens with stability to allow exchange and transactions of any digital asset, including digital fiat

High frequency trading

Private support for moving assets out of the chain and performing high frequency transactions and transactions for nominal costs

FRM token

Network gas, FRM token is spent and burned for all online transactions

Import and export value

Ferrum is designed to import and export values, including fiat currencies

Token information


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Partner


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Core Team


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Roadmap


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Conclusions

Ferrum Network, designed by a distributed system specialist with more than ten years of experience at the world's largest technology companies, was built to address two fundamental issues that hinder the application of electronic money. main: slow transaction speed and lack of interoperability between networks.

Ferrum Network is an interactive, decentralized exchange network that allows almost instant and inexpensive exchange of any digital asset, regardless of whether the blockchain has its origins and never takes over User's. Please refer to the links below to view their product demos and follow their social media channels to update all Ferrum Network developments:

Whitepaper: http://whitepaper.ferrum.network/

Website: https://ferrum.network/

Telegram: http://telegram.ferrum.network

Twitter: http://twitter.ferrum.network

LinkedIn: http://linkedin.ferrum.network

YouTube: http://youtube.ferrum.network

Reddit: http://reddit.ferrum.network

Bitcoin Talk: http://bitcointalk.ferrum.network

Facebook: http://facebook.ferrum.network

Your BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1231893

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