What currency is FxS (what currency is fsn)
What currency is FxS? According to data on the FxS official website, the current network computing power is 30.9P. FxS is a public chain project that adopts the PoW mining model; Based on the DPoS consensus algorithm, the total number of FXS tokens remains constant at 100 million (approximately 20% of the total issuance), and all existing circulation supply is destroyed through a deflationary mechanism; At the same time, after holding a portion of the equity of the main node, one can also obtain voting rights and dividend income. The specific distribution plan is as follows: the first method is to invite users to purchase mining rewards; The second method is to use 50% of the transaction fee income for repurchase and destruction of FTs, and the other 50% is governed by the community without any adjustment at a fixed proportion. The third method involves the use of pledge functions, liquidity mining, and transaction fee deduction
What currency is fsn
According to official news, fsn is the abbreviation of Decentralized autonomous organization (DAO). The foundation was established in 2017 and is primarily responsible for maintaining a community driven and scalable digital economy ecosystem
FSN is a Open-source software project based on Ethereum launched by FinTechLabs, a blockchain company. It uses Cryptography tools such as Zero-knowledge proof and multi-party computing to solve user data security problems in the Internet. Its goal is to provide a decentralized solution for the network without exposing sensitive information and achieve peer-to-peer transmission.
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