spot_img
spot_img
HomeCOINSWhat Is Fedswap? (FED) Complete Guide Review About Fedswap.

What Is Fedswap? (FED) Complete Guide Review About Fedswap.

What Is Fedswap?

Launched in Sep 2018, the Fedswap Coin Gold Project was established to deliver real-world and mobile-first crypto solutions. The FED coin is part of the CryptoNote family, using a customized CryptoNight V7 mining algorithm. This is key to the goals of increasing the value and reach of FedoraGold, by providing a foundation for future development.

Fedora Gold (FED coin) was launched in August 2018. The FED coin is part of the CryptoNote family, using a highly customized CryptoNight V7 mining algorithm. Your wallet, and your network traffic, are yours alone to see. FED also supports in-wallet mining; earn money while you browse the network!

The Fedswap Coin Gold project is the development team behind fedswap.com – the first distributed finance platform with a privacy coin based rewards token. The fedswap.com vision is to blend the power and features of DeFI with the FED privacy coin protocol, for truly private transacting and trading.

Fedswap Coin Storage Key Points

Coin BasicInformation
Coin NameFedswap Coin
Short NameFED
Circulating Supply51.44B FED
Total Supply50,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

The FED coin CryptoNote platform supports the Fedora roadmap use cases that are essential for a state of the art crypto-currency:

  • Super Fast Transactions
  • Fully private holdings
  • 50% of hash has ASIC & Quantum Resistant Mining
  • 50% of hash uses CNv1 making ASIC mining easy and inexpensive
  • Distributed, Private Finance

Wallet

Your Fedswap Coin wallet can securely Tip, Pay and Receive FED Gold with some of the fastest network times around. Transactions will typically confirm within seconds! They have built in the best of privacy features – your wallet secures your FED coin in total privacy

Transact Instantly & Privately

The Fedora Gold network is fast. When you transact, our highly optimised CryptoNight network typically resolves transactions in under five seconds – fast enough to support real time transacting in the marketplace: where-ever you buy, sell and tip.

Transactions are visible on the blockchain, but your wallet identity remains private, as do your wallet contents. Fedswap Coin provide the best of transparency and privacy – an open network but with entirely private holdings. If you choose, you can attach payment ID’s to your transactions to ensure traceability and visibility.

Solution Outline

Fedora Gold (FED coin) is a member of the CryptoNote protocol family of coins. As such, the FED coin exhibits all of the core features and functionality that are inherent in CryptoNote, things like privacy, egalitarian proof of work, speed, adaptive network.

Highly secure

Fedswap Coin algorithm has refined the base CryptoNote ring signature components to not only prevent 51% attacks but to also prevent denial of service attacks. The CryptoNote default ring signature 51% attacks, but is susceptible to DOS attacks that can slow the network to a crawl. The FED Gold custom algorithm prevents this.

One of the strategies has been to implement a “delay function” within our network. Basically, if a side chain is created, there is a delay before that side chain can be merged into the main blockchain. The longer the delay, the longer the penalty incurred. The penalties are applied in an 10x fashion as time progresses, so a delay long enough to amass a 51% attack would incur a huge cost, making the attack pointless

Transact Instantly & Privately

The Fedswap Coin Gold network is fast. When you transact, the highly optimised CryptoNight network typically resolves transactions in under five seconds – fast enough to support real time transacting in the marketplace: where-ever you buy, sell and tip.

Egalitarian Mining

From version 2, the desktop wallets will allow for background wallet based mining, seamless to the user. No mining or technical skills will be required for all users to earn mining rewards – the wallet will become a mining node on the Fedora Gold network. Wallet based Mining is purely voluntary – users can opt in or out depending on preference. Mining will be via the official Fedora pool and will benefit from the advantages of our custom algorithm.