FGC meaning in Cryptocurrency ?

tuteeHUB earn credit +10 pts

Answer:

FantasyGold was built to become a multi-purpose platform offering Ethereum Virtual Machine based smart contracts and lightning fast transactions. It achieves this through the revolutionary Account Abstraction Layer which allows the EVM to communicate with FantasyGold’s Bitcoin-like UTXO blockchain for compatibility with most existing Solidity based smart contracts.

Unlike traditional centralized payment processing, the FantasyGold project does not charge any additional transaction or service fees to use the payment network. Senders pay a very small transaction fee in “FGC” (FantasyGold Coin) that is awarded to stakers who process the transactions and by that keep the chain running.

Using smart contracts, it is possible for anyone to make use of the FantasyGold blockchain, which significantly simplifies creating your own project with your own token. FantasyGold is constantly looking to expand by itself, adding new features to its chain, site and infrastructure.

reference

Report

Posted on 01 May 2022, this text provides information on Miscellaneous in Cryptocurrency related to Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

Take Quiz To Earn Credits!

Turn Your Knowledge into Earnings.

tuteehub_quiz

Write Your Comments or Explanations to Help Others



webstory list tuteehub
Miscellaneous in Cryptocurrency
webstory list tuteehub
Miscellaneous in Cryptocurrency


Ever curious about what that abbreviation stands for? fullforms has got them all listed out for you to explore. Simply,Choose a subject/topic and get started on a self-paced learning journey in a world of fullforms.

Important Cryptocurrency Links

open app imageOPEN APP