On July 13, 2021, at block number 4915200, the first ever Fusion halving will take place. At the moment, the staking reward is on average 16%, for validator nodes — 18% Yearly Earning, according to StakingRewards
the expected reward after July 13 – 1.25 FSN per block mined, as well as the commission for transactions in the blockchain,
shared by validators.
On average, the Fusion blockchain generates 6620 blocks in a full day.
according to FsnexExplorer the average block time is 13.05 seconds. …
One of Fusion’s main goals has always been to decentralize finance, and right now it is exactly this which is the focus, decentralizing traditional finance instruments such as Futures and Options in a way that can currently only be done on the Fusion Blockchain.
Chainge Finance is building the application layer to realize it, but Fusion is what provides the base layer structure on a decentralized public blockchain and what makes it all possible is Fusion Time-Locks (which are also known as Time Slices and Time Frames).
To make it work fully a new token format called FRC758 has…
The world of cryptocurrency is currently undergoing a cycle of NFT craze, when works of art related to NFT are sold for exorbitant amounts of money,
and projects focused on NFT perform quite well in “interchangeable” markets. The situation forces Fusion (and possibly any other cryptocurrency project) to explain, what they can do for NFT. The potential for NFT in Fusion is huge, but to unleash its full potential, we must either see projects focused on NFT, that choose to deploy their business to Fusion, create a cross-chain system to move NFTs between networks.
What are the benefits for NFT-focused…
I am going to address this question later but in short, the next big milestone for Fusion is that we will build a cross-chain router between three networks, Fusion, Ethereum, Binance Smart Chain. The release of this router is targeted for October and when it is released, tokens and coins on these three networks will be able move freely between one another.
Fusion and Gravity (powered by Waves) are joining forces to create a broader interoperable solution for blockchains to seamlessly exchange value and information across silos.
As blockchain matures into adoption as a legitimate technological revolution, the risk of blockchain balkanization — i.e., the phenomenon of becoming a series of unconnected systems operating alongside, but siloed from, each other — is higher than ever. Due to commercial and compliance pressures, companies are building individual blockchains within their individual ecosystems, recreating the siloed environments that blockchain was meant to replace. …
Fusion’s vision is to serve the world as the infrastructure for digital finance by solving three key problems in finance industries:
1. extract time value with financial instruments through technologically enforced time-locks
2. Break data and system silos via blockchain interoperability
3. Automate finance through data-driven smart contracts
In order to realize the multi-trigger and interoperable smart contracts discussed in Fusion’s white paper, a key requirement is to have oracles that can attest to events in the physical and digital worlds. After researching numerous oracle solutions, Chainlink stood out because of its large pool of security-reviewed Sybil resistant nodes that…
Written By: John Liu and Alg Ore
The concept of Time Value stems from Time Value of Money (TVM). This financial principle describes that money in your hand today is worth more than that at some point in the future. Fusion’s founder DJ provided a good overview of Time Value in both money and assets at DAS in 2019 (transcript here), and how Fusion’s Time Lock protocol captures time value natively at the point of asset digitization. …
It has been a couple of months since we last checked in on the progress of Fusion Open Source Community (FOSC) but that does not mean that progress has been absent which this report will clearly show.
We are excited to see all the brilliant work being done by all developers and to thank them, FOSC has issued rewards totaling 300,000 FSN (1 year Time-Lock) for all their efforts.
In an effort to make account and asset management as easy and as safe as possible @whallet has developed this mobile wallet with a focus on simplicity, making it easy for…
Fusion is pleased to welcome SolidX, one of the early innovators in the Bitcoin ecosystem, to the DCRM Alliance and its continued efforts
“We are excited to have SolidX on board, not just because of their experience with crypto, the SEC, but also their familiarity with distributed ECDSA algorithms. The Alliance will benefit from SolidX’s guidance in applications both in and outside of crypto.” — Dejun Qian, Founder and CEO of Fusion
SolidX was founded by Daniel H. Gallancy, long-time hedge fund investment professional and early bitcoin enthusiast, with the mission of providing institutional access to bitcoin. …
Time-Locks in smart contracts, EVM updates, and better APIs.
Great news Fusionites! The Fusion Mainnet 3.6 upgrade has been scheduled for block height 1,818,300, expected to occur on Tuesday, March 31, 2020 (Shanghai time).
The upgrade introduces multiple improvements and bug fixes. The highlights:
Due to the major updates introduced, this upgrade is a hard fork which renders the previous software version incompatible.
Validator nodes are required to update their node…
An Exciting New Era of Cryptofinance for the Internet of Values.