Market Rank | #2412 |
---|---|
Market Cap | $ 3.1M |
Volume 24h | $ 86.6K |
Circ. Supply | 77.4M |
Total Supply | 77.9M |
Max Supply | 81.9M |
The price of Fusion (FSN) is currently $ 0.04014453 and has increased by +3.18% in the last 24 hours.
Fusion is an all-incompassing financial platform powered by blockchain. The platform offers cross-chain, cross-organization, and cross-data source services through the use of smart contracts. FUSION aims to serve as an Internet of Values for secure and intermediary-free digital asset management and exchange.
FUSION was founded by BitSE, a blockchain incubation company helmed by Dejun Qian. In addition to FUSION, BitSE is also behind the successful cryptocurrency projects QTUM Blockchain and VeChain.
FUSION operates using the Hierarchical Hybrid Consensus Mechanism (HHCM), which merges elements from Proof of Work (PoW) and Proof of Stake (PoS) consensus mechanisms. It also takes advantage of parallel computing by forming groups of nodes, which results in an efficient and secure platform.
FUSION’s uniqueness lies in its comprehensive approach to digital asset management. The platform introduces the term 'Internet of Values' to denote its functionalities related to the exchange and management of digital assets securely and without intermediaries.
FUSION also presents a unique security layer, called Distributed Control Right Management, that protects all cryptocurrency assets locked in the FUSION blockchain. Further, the distributed storage and sharding of private keys ensure that no party can access the entire private key, thus eliminating the risk of a single node gaining control over digital assets.
The native token of the FUSION platform is FSN. The FSN token is primarily used to pay for network fees. In addition, executing smart contracts on the FUSION platform requires FSN, much like how ETH is used in the Ethereum network.
There are currently 77.4M FUSION tokens in circulation. The total supply of FUSION tokens is 77.9M.
The FUSION token (FSN) can be purchased on various online exchanges. The list of exchanges currently offering FSN includes Bibox, CoinEx, Huobi, Hotbit.
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