Ferrum Network : The First High-Speed Interoperability Network

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As you may have known for the past few years, a new word has begun to appear in our dictionary, such as: cryptocurrency, blockchain, bitcoin, etc. And all this is not in vain, because over the past few years, the market for digital assets has gained tremendous popularity and, according to experts, the increasing popularization of cryptocurrency among the general population will only increase every year. But the sharp jump in interest and demand in this field has caused many people to jump on the moving train, that is, to enter the crypto market without adequate knowledge. And such behavioral concepts lead to the fact that, as a result of their misunderstandings, these people make bad decisions that require losing money. Actually, because of the appearance and scale of the problem.

Introducing: Ferrum Network: First High-Speed Interoperability Network



Ferrum Network is a decentralized DAG-based infrastructure
platform that is designed to achieve the following functions: a
mechanism for importing and exporting value from other networks; a
fiat gateway (the Kudi.Exchange); a decentralized exchange (the
Infinity DEX); decentralized wallet (UniFyre Wallet); a cold-storage
application (Sub-Zero Wallet); a protocol for tokenizing fiat currencies;
a payment solution for the everyday use of cryptocurrencies.

Ferrum Advanced Features Overview :

Ferrum Network was designed with the following vision: to be
the first interoperability network to facilitate the seamless transaction
and exchange of both cryptocurrencies and fiat currencies, and to
remove the barriers that have impeded the use of cryptocurrencies for
everyday transactions. In furtherance of this vision, we have
developed products that run on the network including the UniFyre
Wallet, Infinity DEX, and fiat gateway protocol (Kudi Exchage), and will
be implementing additional protocols such as low latency transactions,
dApps, and sub networks.

Our Solution: The Ferrum Network :

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.

Advantages and features :

FERRUM NETWORK will be a kind of exchange in which users will be able to quickly manage their assets by buying and selling some coins to others, no matter on what blockchain they are created. All FERRUM payment gateways are designed to provide the highest speed at the lowest possible cost. Which in turn will lead to more highly efficient decentralized exchanges throughout the cryptographic world.
Also, to increase the reliability and security of all exchange processes, the developers of 
FERRUM NETWORK intend to use their own internal token on the created blockchain, with which all functions of exchanging one cryptocurrency for another will be carried out. The whole process is aimed only at eliminating any fraudulent activity on the part of the participants. All operations will proceed as quickly as possible, so there will be no difficulties and hitches for users.

TECHNOLOGY UNDERLYING FERRUM NETWORK :

Innovative technology built for high-speed P2P trading from any virtual asset is the backbone of FERRUM Network and its products.

DAG ledger: D-ledger that is the same as a block but is specifically designed for fast trading, minimal network costs and no miners.

Network Interoperability: super innovation on cross-chain solutions, platforms can operate with each block.

Decentralized Proxy Tokens (DPT): DPT with guaranteed stability allows trading, exchanging any virtual assets including virtual money.

High Frequency Trading: Original helps move money from the chain and makes extreme frequency transactions and trades nominal fees.

FRM Tokens: Project gas, FRM is spent & burned for every trade on the network.

Value of Import / Export: The FERRUM network is designed to import and export values, including fiat money.

Token

As I wrote earlier, to implement all types of cryptocurrency transactions on FERRUM NETWORK, the internal FRM token will be available, which will make it possible to make all transactions quickly, with minimal costs and the most reliable way. It is important to note that FRM conversions will be available for digital currencies and Fiat. Using FRM is easy and accessible.


Roadmap

Team


Advisors


Official information from the project founding team:

Author: Joseph cristian
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2122240
ETH:
0x8f0A94f868871EE4ccd00AFaAe3AcB3f0c2A27aA

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