The Fusion protocol is the next wave of financial innovation on the blockchain.
The Fusion protocol is the perfect technology environment to build a new forward-thinking application or cost-saving solution for your business. On Fusion, any and all digital assets become interlinked and are able to freely interact, fostering seamless integration with other businesses and technical systems.
Blockchain development is easy on Fusion, with a rich set of Finance focused APIs drastically reducing the requirement to program complex smart contracts.
If you would like to know where to buy Fusion, the top cryptocurrency exchanges for trading in Fusion stock are currently OKX, Huobi Global, Gate.io, MEXC, and Bibox. You can find others listed on our crypto exchanges page.
Fusion (FSN) bills itself as an all-inclusive blockchain-based financial platform that offers cross-chain, cross-organization, and cross-data source services through smart contracts. The project uses the Hierarchical Hybrid Consensus Mechanism (HHCM), which amalgamates elements from PoW, PoS, and parallel computing with the goal of creating an efficient and safe platform.
Notably, Fusion leverages what it dubs 'Distributed Control Right Management' as a security layer that protects cryptoassets on the Fusion blockchain. The distributed storage and sharding of a private key ensures means that no single node can gain control of assets.
Fusion also provides for multiple triggering modes, such as time and event-based triggers, into its smart contracts, which were designed to meet the demands of complex financial smart contracts.
Fusion is led by Dejun Qian, who also founded BitSE, a blockchain incubator that facilitated the rise of VeChain and QTUM.
According to the Fusion coin’s whitepaper, the developers of the project are largely concerned with a problem inherent to the blockchain industry - the isolation of the cryptocurrency platforms and the low level of interaction between them. Today, each platform is developed separately from the others, which limits its potential and use.
The Fusion project is focused on the removal of the barriers between various blockchains. The conversion of value between cryptocurrencies became a key problem of the project. In opinion of the developers, this problem can become a basis for further integration of various cryptos.
The core process of the platform’s operation is the storage of the assets on the Fusion’s blockchain. When one has a need to perform payments for services provided by any project, other than Fusion, the user does not need to use the exchange. The only thing necessary to perform a payment is to specify the required amount, the conversion will be done automatically by the platform. The project is mostly based on smart contracts. The Fusion coin platform allows to establish particular settings considering specific currency and a ratio of incoming funds.
For example, one can automatically convert received Bitcoin into 40% ETH 40% of DASH and 20% NEO, the ratio is also configured by the owner of the wallet. Such functionality facilitates the participation in ICO, as well as the active use of several platforms and their tools at the same time.
In order to provide such functions, the Fusion coin team is working on the following technologies:
Distributed Control Rights Management, distributed storage of private access keys, involves dividing them into parts between several independent nodes, which ensures high reliability of data;
Atomic Transaction - the analogue of the Lighting Network made to increase the bandwidth of the Fusion coin and to secure instant transaction;
Hierarchical Hybrid Consensus Mechanism - the hybrid model of consensus that facilitates both PoW (SHA-256) and PoS consensus mechanisms.
Off-chain data storage that allows users to store the sensible data in a cheaper and more affordable way.
With a help of the presented mechanisms, fusion developers hope to create an ecosystem that links all existing blockchains into one digital field. Such technology will provide not only the promotion of projects, but also prospects for their further development.
The project was founded by Dejun Qian. Charles Poliacof is the current Executive Director and Bret Schlussman is the current Chief Technology Officer. The project has offices in New York, Shanghai, Singapore and South Africa.
FSN Price Live Data
The live Fusion price today is $0,603100 USD with a 24-hour trading volume of $3 199 061 USD. We update our FSN to USD price in real-time. Fusion is down ,50% in the last 24 hours. The current CoinMarketCap ranking is #583, with a live market cap of $42 681 462 USD. It has a circulating supply of 70 770 169 FSN coins and a max. supply of 81 920 000 FSN coins.
Fusion (FSN) bills itself as an all-inclusive blockchain-based financial platform that offers cross-chain, cross-organization, and cross-data source services through smart contracts. The project uses the Hierarchical Hybrid Consensus Mechanism (HHCM), which amalgamates elements from PoW, PoS, and parallel computing with the goal of creating an efficient and safe platform.
Notably, Fusion leverages what it dubs 'Distributed Control Right Management' as a security layer that protects cryptoassets on the Fusion blockchain. The distributed storage and sharding of a private key ensures means that no single node can gain control of assets.
Fusion also provides for multiple triggering modes, such as time and event-based triggers, into its smart contracts, which were designed to meet the demands of complex financial smart contracts.
Fusion is led by Dejun Qian, who also founded BitSE, a blockchain incubator that facilitated the rise of VeChain and QTUM.