FusionFSN
$0.191
Market/Exchange
FSN Price Prediction and Price Movement
FSN has been down 20.9 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that FSN's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if FSN is backed by a solid development team and whether FSN's technology has any potential to grow.
Please note that this analysis is purely base on FSN's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Fusion Price Chart
About Fusion
Fusion (FSN) bills itself as an all-inclusive blockchain-based financial platform that offers cross-chain, cross-organization, and cross-data source services through smart contracts. The project uses the Hierarchical Hybrid Consensus Mechanism (HHCM), which amalgamates elements from PoW, PoS, and parallel computing with the goal of creating an efficient and safe platform.
Notably, Fusion leverages what it dubs 'Distributed Control Right Management' as a security layer that protects cryptoassets on the Fusion blockchain. The distributed storage and sharding of a private key ensures means that no single node can gain control of assets.
Fusion also provides for multiple triggering modes, such as time and event-based triggers, into its smart contracts, which were designed to meet the demands of complex financial smart contracts.
Fusion is led by Dejun Qian, who also founded BitSE, a blockchain incubator that facilitated the rise of VeChain and QTUM.