Topic: [ANN][ICO] FUSION | Cryptofinance protocol for the Internet of Values - page 14. (Read 30757 times)

FUSION ‘Lock-In and Lock-Out (LILO)’ Function

https://medium.com/@fusionprotocol/fusion-lock-in-and-lock-out-lilo-function-79dc9a0520a9

https://github.com/FUSIONFoundation

Well it depends on the market overall. But Fsn was holding very strong even in a bear run. If we keep this little bullish trend which started this morning, Fusion will get way higher.

Don't forget that Fusion isn't mainstream yet since it's only on small exchanges.

But I think fusion will be the typical crypto fighting to be above 400 but won’t get above it easily. Above 300. Quite confident

friends, all Congratulations to this wonderful news, cвoeвpeмeннee performance of points roadmap - the right way to success! remember that we are in the beginning of this exciting way to LAMBO!!!)

https://twitter.com/FUSIONProtocol/status/1002253649047932929

Dear FUSIONites, whilst you eagerly await the Testnet launch, make sure you have a read of this paper explaining the incredibly innovative FUSION 'Time-Lock' function.

https://medium.com/@fusionprotocol/fusion-time-lock-function-2347b61d91c7

What is everyone’s opinion on why Fusion holds up so well compared to other coins when the market dips like this? I wonder if it’s because of the limited BTC/ETH pairs

On this market every project says something that can attract attention to them, but we need to judge them by their actions, will see who will be the first)

Amazing. I don’t know whether you heard about the interoperability alliance where Aion keeps saying they will be the first one who decentralizes the token swap. But no, maybe Fusion is the first one.

I really hope these goals are met ... these are tough goals ... well, everything should be clear regarding adoption and implementation as soon as the main net goes live ...  very excited about that .... This would be a jaw-breaking tech in crypto if actually implemented as explained above .... game changer

DJ Answers AMA Questions Week 21/5/18–25/5/18

Question 1: What are the benefits for the companies to lock their assets onto the Fusion Blockchain? Why are some companies already willing to put assets of over 12 billions US$ worth on Fusion?

    For Business automation. Previously ERP (Enterprise Resource Planning) tools and other systems helped companies automate their business processes but they were limited by their internal capacities. All companies have their own supply chain, customers and related business partners. These processes all function in silos and as a result cannot benefit from the efficiencies of automation. After asset digitisation, these processes can be programmed in smart contracts to achieve thorough automation, improving efficiency, scalability and reducing costs.
    Consider that each company or cryptocurrency is like a small lake or little river, they have their own limited ecosystem. Indeed, maybe there is diversity and some are relatively bigger than others. Take a company like Alipay for example, a huge company but theoretically still bound by the limitations of existing as a predominantly isolated ecosystem. Even bitcoin is the same! If you want to send RMB using Alipay to another person, that person needs to have a registered account with Alipay. If they lock-in on fusion, it is just like the lake pours into the ocean, all value in different ecosystems will be inter-connected. FUSION will be the huge ecosystem that enables all of these separate parts to interact together. Value in one ecosystem can exchange with others as long as they are locked-in on the FUSION Blockchain.
    Complicated financial instruments become feasible on FUSION. In today’s world, even agreements involving 3 different parties often makes costs unacceptably high. However, if all the assets are locked in on fusion, a programmable smart contract involving 10+ parties, handling 20+ different asset types, based on 30+ different conditions, is just some lines of codes. And importantly, code guarantees that it will be executed exactly as it is written.

The companies who have committed to lock-in assets on FUSION see the advantages which could make them unbelievably competitive when they are facing their industry competitors. That’s why they are so excited to lock-in their assets on fusion.

Question 2: Do you see the Fusion platform being used more than Ethereum and if so, how do you plan to gain marketshare?

So far, there are 2 major areas using Ethereum.

One is that Ethereum is serving as a Dapp/Smart Contract platform. Thousands of Dapp/Smart Contract are running on it. Although most of them today are useless, we can see it is as being significant in the future. Once the performance and throughput is significantly increased, we can expect it could be very amazing. Another function is issuing tokens. Fundamentally, people are using Ethereum to help them with their bookkeeping ledger for their tokens. It became very hot during ICO booming period.

Because we added a bunch of very significant functions on fusion, which is really necessary for finance, definitely, FUSION will be used more than any other platform. I can give you 2 very simple examples:

1. No other platform today including Ethereum has realized value over time. (In Ethereum, future token flows can only be expressed as a smart contract which cannot be shown as an assets in a wallet). Fusion however, has a “time lock” feature that can realize factoring, bonds and achieve bank acceptance very easily.

2. Even for ICO issuing token, people will find great advantages to issue token on FUSION compared with Ethereum. We all know Ethereum supports issuing tokens on Ethereum platform. After the project has its own main net, projects need to rely on exchanges or other centralized institution to execute a token swap (exchanges usually only support 3 months for a swap or even less). And once the tokens are swapped, they cannot interact with smart contracts on Ethereum any longer. If a issue token on the FUSION Blockchain when their Mainnet goes live one day, they don’t need to ask exchanges to execute a swap, they can use FUSION’s ‘Easy Swap’ function (Just a simple mapping process). Tokens that are issued on FUSION are just like locked-in token. If a project want to transition to their own native chain, users and holders can easily lock-out their tokens if they want at any time.

There are so many more examples to add to the points above. Just remember one thing: Fusion is targeting the Finance industry which is much much bigger than crypto today.

Question 3: If we have a supreme node do we need to run it in our machine? If so what is the expected hardware spec? Can we keep it actively running in some AWS or Azure space and if so can you give us a sample packages and costs that would satisfy this criteria?

Yes, you will need your own machine. So far any information that relates to how to run supreme nodes has not been released yet. Please stay tuned as we will release a manual for running supreme nodes including suggested hardware spec.

Question 4: Is it theoretically possible to pool together for a Supreme Node while locked-in to FUSION blockchain, or under a Fusion risk-free smart-contract?

Theoretically, it would be very difficult or maybe even impossible to pool together to run a supreme node. But for staking with POS, it will be very easy. The system accepts tokens with time-lock to stake. Which means even if you don’t know how to stake, just set a time-lock on your FSN (like from now to 3 months later) and send it to others who knows how to stake. This is not like lending, the transfer of tokens is more like a sale. The remaining part of the tokens (from 3 months to forever) in your hand will automatically become full functions of FSN 3 months later.

DJ Answers AMA Questions Week 21/5/18–25/5/18

https://medium.com/@fusionprotocol/dj-answers-ama-questions-week-21-5-18-25-5-18-31e1bb2d2146

In the short term, the rapid release of tokens is interesting, but the growth potential depends on the promotion in the period of entering the exchange. On the other hand, it is a blockchain, it can give growth in 2-3 times. In the long term, the project may not realize itself due to the inflated goals and unknown technical implementation of the project

Hello FUSION believers,

Our aim is to add value to the whole crypto community by giving the best user experience to analyse cryptocurrencies.

It would be really great help from your side if you can spend 60 seconds of your time and give us your valuable feedback for our two recent updates 1) Snapshot and 2) Colourful interface of FUSION at: https://cointopper.com/coin/fusion

Constructive criticisms are always welcome at CoinTopper.  Thank you!!

Seems like a lot of people here do not know much about our project FUSION, you should join our Telegram chat to lean more - https://t.me/FUSIONFoundation

You are right, mining not available until mainnet. Must be talking about price appreciation or something.

How could you have been mining when the mainnet isn't released yet?

ICO DROPS says that Fundraising Goal was 42,200,000 USD (51,200 ETH).

Fusion will release their testnet on May 31st. As far as I know the mainnet will follow shortly after that, by the end of Q2. Also here is another important fact: FSN still has not been listed on any of big exchanges yet. You should keep that in mind too.

do I understand correctly that more than 13,000 eth were collected during the sale of the tokens? at what stage is the project now?