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πŸ“£ Dive into the Quantum Portal Network 🌐

πŸš€ As we continue our journey with the Ferrum Network mainnet, we've crafted a special guide for you! πŸ“˜ This article is your key to understanding the Quantum Portal Network and its unique connection to Ferrum Network. 🀝

πŸ” What's Inside?

πŸ‘‰Quantum Portal Network Explained: Discover how QPN serves as the prototype version of Ferrum Network, much like Kusama is to Polkadot.
πŸ‘‰Differences & Synergies: Learn how QPN differs from Ferrum Network and the synergies between them.
πŸ‘‰The Role of QPN for Builders: Find out why QPN is a game-changer for Web3 and multichain dApp development.
πŸ‘‰Why FRM Holders Should Pay Attention: Understand the significance of QPN as an incentivized testnet and what it means for FRM holders.
πŸ‘‰A Glimpse into the Future: As QPN transitions from Kusama to Polkadot, evolving into Ferrum Network, we're excited to unveil the potential roles you can play as a builder, miner, or validator.

πŸ”— Read on Medium
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πŸ“£ Weekly Mainnet Update: Multi-Layer Multi-Signature Wallet! πŸš€

πŸ› οΈ We're excited to share a significant leap forward: the creation of a multi-layer multi-signature wallet for non-EVM chains.

πŸ” What we managed to achieve:
πŸ‘‰Multi-Layer Security: Implemented a robust infrastructure for generating multi-layer multi-signature wallets.
πŸ‘‰Enhanced Transaction Security: This innovative approach allows a layer of incentivized nodes to produce a unified threshold signature, significantly bolstering transaction security.
πŸ‘‰Validator Endorsement: Adding an extra layer of security, our QPN validators will now validate and endorse these signatures, ensuring even greater transaction integrity.

🌍 This development represents a significant stride in ensuring secure and efficient transactions across different blockchain networks, reinforcing our commitment to security and innovation in the blockchain space.

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πŸ“£ November Dev Update Video: Don't Miss It! πŸš€

Hi Ferrum Fam! We've got a lot of updates and demos in the new Dev Update Video from Taha Abbasi, Ferrum's CTO, and this one is packed with crucial insights and major progress!

πŸŽ₯ Watch on YouTube

πŸ”§ What's in this Video?
πŸ‘‰ Ferrum's Journey: We delve into Ferrum's history, how we've thrived through bear markets, and our commitment to interoperability and Web3 adoption.
πŸ‘‰ Lean Development Approach: Our shift to focused development has significantly enhanced the quality and speed of our project delivery.

βš™οΈ MultiSwap Updates:
πŸ‘‰ Mobile-First UX: We've embraced a mobile-first UX design for MultiSwap, ensuring seamless and intuitive cross-chain swaps on mobile devices.
πŸ‘‰ Enhanced Functionality: MultiSwap is nearing production deployment, promising a simplified and secure cross-chain swapping experience.

🌐 Mainnet Developments:
πŸ‘‰ Quantum Portal Explorer: A unified view for multi-chain transactions, making it easier to track complex cross-chain activities.
πŸ‘‰ Mainnet Mining Dashboard: An insightful view of the mining ecosystem, individual miner statistics, and rewards.
πŸ‘‰ Miner Experience: Detailed insights into running nodes, the importance of delegation, and the overall mining process.

πŸ›£ Looking Ahead:
πŸ‘‰ We're gearing up for significant launches in Q1 2024, including the Quantum Portal Network and mining nodes.
πŸ‘‰ Ferrum continues to focus on solving real-world problems through blockchain technology, striving for innovation and user-centric solutions.

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πŸ“£ Introducing Ferrum Network's In-Depth Development Updates Video Series πŸš€

🌐 It's Taha Abbasi, the Chief Technology Officer at Ferrum Network, and we're excited to introduce our new video series focused on giving you an insider's view of our development progress and future goals.

πŸ” In the First Episode:

πŸ‘‰Our Mission and Vision: Dive into the essence of Ferrum Network, our dedication to solving real-world problems, and more!
πŸ‘‰Development Focus: Discover how we've shifted to a more concentrated approach in development.
πŸ‘‰Core Areas of Development: Get insights into the pivotal areas we're focusing on.

πŸ“ˆ Why you should follow this series?
Gain a comprehensive understanding of the strategic direction of Ferrum Network and stay informed about the latest development updates!

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πŸ“£ Ferrum Network's MultiSwap Update: Elevating UX for Seamless Swaps!

It's Taha Abbasi again, and this time we're thrilled to unveil the latest advancements in MultiSwap, our multi-chain swap solution, focusing on an enhanced user experience for both desktop and mobile users.

πŸ” What does it include?

πŸ‘‰Revamped Mobile Experience: We've implemented a mobile-first design in MultiSwap, ensuring a smooth and intuitive experience on smaller devices.
πŸ‘‰User-Friendly Interface: The new design features full-screen options for wallet connections and token selections!
πŸ‘‰Streamlined Token Swapping: Say goodbye to the complex process of liquidating and transferring tokens across chains. MultiSwap simplifies this into a few easy steps.

🌐 MultiSwap aims to make cross-chain swaps as straightforward as possible, offering a seamless experience for all users. These updates significantly reduce the complexity traditionally associated with swapping tokens across different blockchains.

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πŸ“£ Quantum Portal Explorer Sneak Peek! 🌐

πŸŽ‰ We're thrilled to bring you a sneak peek into one of Ferrum Network's developments: the Quantum Portal Explorer. This tool is set to transform how multi-chain transactions are tracked and understood in the blockchain space.

πŸ” Quantum Portal Explorer Highlights:

πŸ‘‰Unified Transaction View: Say goodbye to the hassle of using multiple explorers for different networks.
πŸ‘‰Comprehensive Tracking: Whether your transaction starts on Ethereum and executes on BSC or any other combination, the Quantum Portal Explorer covers it all in one place.
πŸ‘‰Ease of Use: Designed for clarity and convenience, the explorer allows you to view transaction hashes, addresses, networks involved, amounts, function calls, and more with just a click.

As we aim for a Q1 2024 launch, this is just the beginning. The Quantum Portal Explorer is part of our broader mission to make blockchain interactions more seamless and intuitive.

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πŸ“£ Announcing Updated Aggregators and Token Supply Page

The supply numbers for the FRM token have been updated and are now being dynamically tracked on CoinMarketCap, CoinGecko, and our official website.

πŸ‘‰ FRM token's circulating and total supply numbers are now updated in real-time on both aggregators. This update ensures that all stakeholders have access to the most current and accurate supply data for informed decision-making.

πŸ”₯ We believe in the utmost transparency as a cornerstone of trust and integrity in the blockchain community. Upholding this principle, we have taken a significant step forward by making all company wallets used for various purposes openly visible on the token supply page of our website:

🌐 Token Supply Page:
https://ferrum.network/token-info/

πŸ” Make sure to visit CoinMarketCap, CoinGecko, and Ferrum Network's website for the latest updates on FRM token metrics.

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πŸ“£Check your inbox for Ferrum's Newsletter!🀩

πŸŽ‰We're super excited to share some of the most exciting developments of the month with you!

❗️If you’d like to stay up to date with everything Ferrum (newsletters, updates, presale links) - please add the following addresses to your email contacts:

πŸ’₯[email protected]
πŸ’₯[email protected]
πŸ’₯[email protected]

❗️Additionally, stay up to date on Ferrum's Updates by joining the Ferrum Network Announcement Telegram Channel
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πŸ“£ Mainnet Mining Dashboard Video πŸŽ₯

πŸ”₯ Join us for a deep dive into the Mainnet Mining Dashboard! Discover the robust infrastructure supporting miner registration and node deployment.

πŸ’‘ What's in the video:

πŸ‘‰ A detailed walkthrough of the Mainnet Mining Dashboard.
πŸ‘‰ Insights into how miners can track rewards, monitor the latest blocks, and manage their nodes.
πŸ‘‰ Understanding penalties and rewards mechanisms.
πŸ‘‰ Learn about the delegation feature for those who prefer a hands-off approach.

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πŸ“£ Join Ferrum Network on Twitter Spaces with JayXBT! πŸŽ™οΈ

πŸ”₯Get ready for an engaging session with JayXBT, Ferrum's ambassador! Nick Odio, Ferrum's Chief Growth Officer, will be diving into the latest updates, discussing current market trends, and exploring recent developments at Ferrum Network.

πŸ—“οΈ Date: Tuesday, November 28th
⏰ Time: 15:30 UTC
🌐 Twitter Space

πŸ’΅ $100 cFRM Giveaway: We'll be awarding 2 lucky participants with $50 in cFRM each! To qualify, make sure you're present during the twitter space. Winners will be selected live at the end of the space!

Set your reminders and be part of the conversation!

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πŸ“£ Supporting Our Community & Twitter Space

🌟 At Ferrum Network, we're committed to not just building a strong infrastructure, but also supporting meaningful causes. We're proud to back the beautiful Christmas initiative led by our Ferrum Ambassador, Crypto Alucard, who is working tirelessly to raise funds for those in need.

πŸŽ„ This season is all about coming together and making the world a better place for everyone. If you want to be a part of this noble cause, there's still time! You can contribute to the initiative until November 30th.

πŸŽ™ Tune in to the Twitter Space for a meaningful conversation about web3, community, and how we can all contribute to making the holidays brighter for everyone.

πŸ—“οΈ Date: Tomorrow, Wednesday, November 29th
⏰ Time: 19:00 UTC
πŸ“ Location: Crypto Alucard

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πŸ“£ Mainnet Weekly Update: Expanding Beyond EVM Chains 🌐

πŸ”₯ Last week marked a significant milestone for our Mainnet development! We've begun implementing the proof of concept for integrating non-EVM chains into our mainnet codebase.

πŸ’‘ What does it mean?

πŸ‘‰ This development paves the way for broader blockchain interoperability within our network.
πŸ‘‰ We've successfully implemented and tested the signing algorithm for the MVP phase.
πŸ‘‰ This enhances the flexibility and reach of our mainnet, allowing for a more inclusive blockchain ecosystem.
πŸ‘‰ We're committed to expanding our capabilities beyond the EVM framework.

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πŸ“£ Understanding the Quantum Portal Network | Part 1

Welcome to our new series where we unravel the complexities of the Quantum Portal Network and its transformative role in shaping the Ferrum Network.

🌐 Quantum Portal Network Explained:

πŸ€” Think of QPN as the Kusama to Ferrum's Polkadot. It's a prototype platform where all the architecture for the Ferrum Network mainnet is initially implemented and tested. By securing a Kusama parachain, we've established QPN as a space to trial and enhance the features destined for Ferrum Network's mainnet.

πŸ‘ The architecture and infrastructure designed for Ferrum's mainnet are first introduced in QPN, allowing us to gather valuable feedback and iterate effectively.

πŸ”₯ QPN is not just a concept; it's a live prototype giving real users, developers, and project owners early access to Ferrum's innovative features. The feedback loop from QPN ensures that the Ferrum Network mainnet will be refined, reliable, and ready for large-scale deployment.

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πŸ“£ Quantum Portal Network & Ferrum Network: Synergies & Evolution | Part 2 🌐

πŸ” In this part of our series, we delve into the unique relationship between QPN and Ferrum Network, highlighting their development journey, synergies, and how they collectively shape the future of blockchain interoperability.

πŸ”— QPN represents the initial phase of iterative development and testing on the Kusama network.
Ferrum Network, on the other hand, is set for a refined and polished launch on Polkadot, built upon the foundations laid by QPN.

πŸ”₯ A key synergy between QPN and Ferrum Network is their shared currency: both networks utilize FRM as the network coin. This unity underscores our commitment to a cohesive ecosystem.

πŸš€ The transition from QPN to Ferrum Network is not just a changeover but an evolution. Optimizations and innovations developed on QPN will be seamlessly integrated into Ferrum Network.

πŸ‘ This ensures that our journey is one of consistent development and enhancement, paving the way for a robust and versatile blockchain network.

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πŸ“£ QPN Series Part 3: Opportunities for Builders and $FRM Holders πŸš€

πŸ” In this third installment of our series, we explore how the Quantum Portal Network presents unique and valuable opportunities for both builders and FRM token holders.

πŸ“° Read the Full Article

πŸ› οΈ For Builders:
πŸ‘‰QPN offers a versatile environment for the development and testing of multichain dApps. It's a space where innovation meets practicality.
πŸ‘‰Develop on QPN with confidence. Applications built in this ecosystem are not just prototypes; they are real, value-driven solutions poised to make an impact in the blockchain world.
πŸ‘‰QPN is not just a stepping stone; it's a complete environment that empowers your applications to thrive and generate real value.

πŸ’° For $FRM Holders:
πŸ‘‰QPN goes beyond being just a testing ground; it's an incentivized network that rewards active participation, especially for node operators.
πŸ‘‰Engage as a Quantum Portal Miner (QPM) or Validator (QPV) to earn rewards, contributing to the network's strength and efficiency.

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πŸ“£ Ferrum Network Weekly Mainnet Update 🌐

We're back with another update on our Mainnet progress. Last week marked a significant milestone in our journey towards interoperability and innovation.

πŸ”— We've successfully integrated an end-to-end Proof of Concept that enables cross-chain integration between non-EVM chains and the Quantum Portal Network. This is a huge step forward in our mission to create a truly interconnected blockchain ecosystem.

πŸ” With the successful PoC integration, our next critical focus is on conducting comprehensive stress tests and security tests.

πŸ§ͺ These tests are crucial to ensure the robustness and security of the PoC implementation. This phase is all about refining and strengthening the infrastructure to ensure maximum efficiency and safety for our users.

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πŸ“£ Unlocking the Power of $FRM Token Utilities - Part 1 - Transaction Fees 🌐

πŸ”₯ Welcome to our new series where we'll be revealing the multitude of utilities packed within the Ferrum Network's $FRM token! In this series, we'll explore both existing and upcoming features that showcase the versatility and importance of $FRM.

πŸͺ™ $FRM is not just a token; it's the lifeblood of our ecosystem, fueling every aspect of the Ferrum Network.

πŸŽ‰ Let's dive in to the first $FRM utility - Transaction Fees:

πŸ‘‰ Every action on the Ferrum Network, whether it's a transaction within the Quantum Portal Network or a transfer on the Ferrum mainnet, requires a little fuel to make it happen.
πŸ‘‰ Imagine FRM as the gasoline in your car; for each transaction executed on our network, a small fee is paid in FRM.
πŸ‘‰ This utility extends beyond Ferrum Network alone – it encompasses every network we're integrated with.
πŸ‘‰ FRM ensures that our multichain infrastructure operates smoothly and efficiently.

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πŸ“£ Ferrum Network's Latest Monthly Dev Report for November 2023! πŸ“°

Dive into our latest Monthly Dev Report to discover the exciting advancements and insights we've achieved in November. Here's a sneak peek of what you'll find:

πŸ”— MultiSwap Developments:
πŸ‘‰We're finishing testing the optimized version of MultiSwap, which now integrates 1inch for expanded functionalities.
πŸ‘‰This optimization focuses on enhancing performance and user experience, promising a smoother trading journey.
πŸ‘‰Big strides in making MultiSwap more mobile-responsive, ensuring a seamless experience across various devices.

🌐 Mainnet Capabilities Expansion:
πŸ‘‰Significant progress in supporting non-EVM chains within the Quantum Portal Network.
πŸ‘‰Development of a two-layer threshold multi-sig wallet and signature generation algorithms, broadening network compatibility and ensuring crosschain security.

πŸ“° Read on Medium

Stay updated, stay ahead, and be part of Ferrum Network's journey to redefine blockchain technology!

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πŸ“£ Unlocking the Power of $FRM Token Utilities - Part 2 - Become a Quantum Portal Miner (QPM) πŸ”₯

Welcome back to our FRM Token Utility Series! In Part 2, we're excited to introduce you to another key utility of the $FRM token - Becoming a Quantum Portal Miner (QPM).

πŸ”— Become a Quantum Portal Miner
To set up your Quantum Portal Miner, you will be required to stake 25000 FRM (subject to change*).

πŸ† Rewards & Contributions
As a QPM, you will play a vital role in the Quantum Portal Network. Your staked tokens and active nodes contribute significantly to the network's strength and efficiency.
In return for your contribution, you are entitled to a proportional share of the rewards. These rewards come from two primary sources:
πŸ‘‰Expansion Periods: A significant portion of the rewards are generated during these periods.
πŸ‘‰Transaction Fees: Every transaction on the network contributes to the reward pool, from which you benefit.

Operating a Quantum Portal Miner is not just about earning rewards; it's about playing an integral role in the Ferrum ecosystem.

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πŸ“£ Unlocking the Power of $FRM Token Utilities - Part 3 - Quantum Portal Validator (QPV) 🌐

Welcome back to our FRM Token Utility Series! In Part 3, we're excited to introduce another powerful utility of the FRM token - becoming a Quantum Portal Validator (QPV).

πŸ” Step Up as a Quantum Portal Validator
πŸ‘‰For those looking to elevate their involvement in the Ferrum Network, the role of a Quantum Portal Validator is a significant leap forward.
πŸ‘‰To become a QPV, a substantial stake of 2,5M FRM on Mainnet/250K FRM on QPN is required, marking this role as one for the deeply committed.

πŸ’° Rewards & Responsibilities
πŸ‘‰Like Quantum Portal Miners (QPMs), QPVs play a critical role in maintaining the network's integrity and are rewarded for their contributions.
πŸ‘‰However, the role of a QPV comes with added responsibility. Validators are permissioned and are expected to be selected through a governance process.

πŸ—³οΈ Opportunities for Smaller Stakeholders
πŸ‘‰Recognizing the high stake requirement, we've also considered our users with smaller FRM holdings.
πŸ‘‰Those holding less FRM can participate by delegating their stake to an existing Validator, ensuring inclusivity in the network's governance and reward system.

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2025/07/04 07:49:07
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