Cryptocurrency Q&A What blockchain does FET use?

What blockchain does FET use?

KpopMelody KpopMelody Sat May 25 2024 | 7 answers 1575
Could you please elaborate on the blockchain technology utilized by FET? I'm curious to know the specific blockchain platform it's built upon and the reasons behind this choice. Additionally, how does this blockchain contribute to the functionality and security of the FET ecosystem? Would you mind providing some insights into its scalability, transaction speed, and any unique features it might offer? I'm interested in understanding how this blockchain technology aligns with the overall vision and goals of the FET project. Thank you for your clarification. What blockchain does FET use?

7 answers

CharmedEcho CharmedEcho Mon May 27 2024
Fetch.ai has established its own blockchain, utilizing FET as its inherent digital currency. This innovative step marks a significant milestone in the development of the Fetch ecosystem.

Was this helpful?

399
28
CryptoTitan CryptoTitan Mon May 27 2024
Despite the establishment of its own blockchain, a portion of FET tokens remain on the Ethereum network. This hybrid approach allows for increased flexibility and interoperability within the broader crypto landscape.

Was this helpful?

374
66
CherryBlossomDancing CherryBlossomDancing Mon May 27 2024
The Fetch wallet software serves as a crucial tool for users to manage their FET holdings. This secure and user-friendly platform enables individuals to store, send, and receive FET with ease.

Was this helpful?

384
44
KpopStarlight KpopStarlight Sun May 26 2024
The primary application of FET lies within the Fetch.ai ecosystem. As the native currency, it facilitates transactions and interactions within the platform, powering a range of innovative services and applications.

Was this helpful?

49
93
Riccardo Riccardo Sun May 26 2024
BTCC, a leading cryptocurrency exchange headquartered in the United Kingdom, offers a comprehensive suite of services to its users. These include spot trading, futures trading, and a secure wallet solution.

Was this helpful?

89
61
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts