What is Fusion? What Does FSN Do?

What is Fusion? Fusion (FSN) is a decentralized and open-source blockchain project focused on interoperability problems. Koindeks.com In this article, we have answered the questions of investors such as what Fusion is, what it offers, what is FSN coin, what it does and how to buy it. Let’s examine this project that connects Blockchain networks together.

What is Fusion?

Fusion was founded in 2018 by the CEO of incubator BitSE, which developed both successful crypto projects QTUM and VeChain. This is a Blockchain project that provides mid-chain and mid-order services via smart contracts. The project encompasses everything from creating NFTs with smart contracts to DeFi. It also aims to solve the interoperability and scalability problems of Blockchain technology.

At the same time, Fusion enables the transfer of cryptocurrencies from different price classes to different chains. Thus, it creates a Blockchain that brings all tokens and altcoins together. In this middle, the project uses a unique Proof-of-Stake mechanism. This setup is a hybrid HHCM that takes some of the features of PoW and PoS. At the core of the setup is FSN coin, Fusion’s native cryptocurrency.

What does Fusion offer?

The Fusion network includes many features. Accordingly, by adopting Internet of Costs (IoV) technology, it relies on data transfer between chains and platforms. It stores private keys in a distributed manner with a security layer called DCRM. Thus, it ensures the safety of users. In addition, Fusion supplements its own smart contracts. With these smart contracts, users can create tokens and NFTs.

In the middle of smart contracts, there are also contracts that are used for financial processes and provide special locking facilities. All smart contracts in the network have time and event based triggers. This feature sets Fusion apart from other smart contract networks. In addition to being a highly scalable and fast network, it allows mining and staking. All of this is done with FSN’s native cryptocurrency, FSN.

What is FSN? What’s the use?

FSN, the native cryptocurrency of the Fusion network, is an altcoin with various use cases within the network. This altcoin plays a critical role in the functioning of the consensus system. Accordingly, users secure the network by locking their assets through FSN staking. In return, they earn additional FSN rewards. However, FSN is the main payment formula for network payments. This means that to run smart contracts on the network and transfer assets, it is necessary to pay with FSN.

What is Fusion? How to get FSN?

Those who want to invest in the Fusion project can access crypto exchanges such as OKX, MEXC and KuCoin, where the FSN is listed. Investors accessing these exchanges must create an account and verify their identity. That way, they can deposit money into their wallets. Those who deposit an asset suitable for FSN coin pairs in their wallets can purchase the token depending on their balance.

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