About the Coin

Fusion is a comprehensive blockchain-based financial platform designed to facilitate cross-chain, cross-organization, and cross-data source services through the use of smart contracts. The project was established by the CEO of BitSE, an incubation company known for developing successful crypto projects like QTUM and VeChain.

Main Features

Fusion employs the Hierarchical Hybrid Consensus Mechanism (HHCM), which integrates elements from both Proof of Work (PoW) and Proof of Stake (PoS). This mechanism, combined with parallel computing by grouping nodes, creates an efficient and secure platform. The platform also introduces the concept of the Internet of Values, focusing on the secure exchange and management of digital assets without intermediaries.

How it Works

The security of the Fusion blockchain is enhanced by the Distributed Control Right Management, which protects all locked-in cryptocurrency assets. This is achieved through distributed storage and sharding of private keys, ensuring no single node can access the complete private key. Fusion's smart contracts incorporate time and event-based triggers, alongside traditional transaction triggers, to cater to complex financial scenarios. The native token, FSN, is used for network fees and executing smart contracts, similar to how ETH functions in the Ethereum network.