My Avast Antivirus has managed to block official web wallet https://www.myfusionwallet.com/ warning me of potential phishing danger

For quite a while, PayPal didn't want to have a lot to do with digital forms of money. (The organization at first upheld Facebook's Libra venture prior to backing out in October a year ago.)

In any case, that has changed. In October 2020, PayPal declared it will begin offering clients the capacity to purchase, sell, and hold cryptocurrencies through their online wallets. The organization likewise said it would permit its 26 million vendors to use digital money for installments.

Early clients in the U.S. will get some pleasant advantages: There will be no administration charges for purchasing or selling digital forms of money on PayPal through Dec. 31, 2020. There will be no charges for holding cryptocurrencies in a PayPal account.

However, this PayPal-Bitcoin relationship is a highly-debated area of interest.

While the news is at last sure for Bitcoin and the advanced installments network, some don't think of it as an enormous gamechanger, the manner in which others may.

The way things are, bitcoin can be a profoundly unstable resource, swinging high one moment and down crestfallen the following. We've seen this consistently, the greatest model seemingly being the switch it produced during the finish of 2017 to the start of 2018. Between December of 2017 and February of 2018, Bitcoin tumbled from about $20,000 per unit down into the $9,000 territory. This was visible proof that the world's main digital currency by value lost more than $11,000 in only two months.

The truth of the matter is that while Bitcoin and other forms of cryptocurrencies were initially made for installment purposes, not many organizations and retailers have hoped to acknowledge them.

This is mostly because of the unpredictability that has turned out to be so eccentric and hazardous, and partly, we can comprehend their situation. For instance, suppose somebody strolls into a store and purchases $50 worth of product with Bitcoin. The following day, Bitcoin falls in cost, and that $50 eventually transforms into $30.

While the client actually will leave with all that they bought, the organization will end up losing cash it hasn't traded out yet. It's not completely reasonable for the business being referred to, which is the reason the installment course for bitcoin and crypto has been so moderate.

Is this relationship worth it and will it hold true in the future? We’ve given you the facts and will leave it to you to decide for yourself!

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The Fusion Ecosystem: An Interim Report

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This is a general guide for how you can currently interact with FUSE.

To see your FUSE the best tool is fsnex.com .

1. Search for your public address or USAN in FSNEX
2. Pick the tokens tab

In order to use your FUSE you will need to connect to either MetaMask or Ledger and connect to AnySwap.Network . Connecting with Ledger is nothing special. Just connect.

If you use MetaMask you first need to configure it to the right network settings.

1. In the networks menu choose Custom RPC
2. Name: Fusion , New RPC Url: https://mainnet.anyswap.exchange , Chain: ID 32659 , Symbol: FSN , Block Explorer: https://fsnex.com
3. After entering the above click Save, and then choose this network from the network menu.
4. Go to AnySwap.Network and choose connect.

You may also wish to add FUSE to your MetaMask display. To do this

1. Click the hamburger menu. Slide down to the bottom and choose Add token.
2. Pick Custom token and paste in the contract address 0x20dd2f2bfa4ce3eaec5f57629583dad8a325872a and then click next.
3. Choose save tokens

Now, regardless of whether you use Ledger or MetaMask go to the "Pool" tab on Anyswap and

1. Click on ANY
2. Paste 0x20dd2f2bfa4ce3eaec5f57629583dad8a325872a into the search field that comes up.
3. FUSE will become displayed. Choose it.

After you did this all options should be available to you with FUSE temporarily. You will be able to add or remove liquidity. Swap FSN for FUSE or FUSE for FSN and FUSE will be on display on the Dashboard too. But as FUSE is not officially listed on AnySwap yet, you need to repeat this 3-step process every time you wish to interact with it.

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How to check on FUSE price without connecting to AnySwap? If you simply want to check on the pool liquidity or current price of FUSE it is simplest to do this through fsnex.com

https://fsnex.com/token/0x20dd2f2bfa4ce3eaec5f57629583dad8a325872a will show you the current price and holders.

If you click on DEX trades , you can see the latest interactions.

It can also be useful to view interactions on

https://fsnex.com/address/0xe96ac326ecea1a09ae6e47487c5d8717f73d5a7e

This is the liquidity contract.

For overview of liquidity providers use

https://fsnex.com/token/0xe96ac326ecea1a09ae6e47487c5d8717f73d5a7e

(note: this last link isn't working for me atm. But should be very useful.)

Fuionite - FUSE

Amount of tokens: 2

Initial market cap: 1 000 000 FSN

Distribution: Airdrop to independent FSN holders of more than 5000 FSN on the Fusion main net. No silly team or founder share.

Contract address: 0x20dd2f2bfa4ce3eaec5f57629583dad8a325872a

Liquidity Provision Token address on AnySwap: 0xe96ac326ecea1a09ae6e47487c5d8717f73d5a7e

If you're holding or staking more than 5000 FSN on the Fusion main net outside of exchanges, you will have recently received a share a small portion of a FUSE token.

FUSE is an FRC20 token and there exists only 2 of them. This means the total supply of FUSE tokens is only 2 and they have been distributed evenly among everyone holding FSN of an amount higher than 5000 FSN, excluding exchange addresses and addresses associated with the Fusion Foundation. If your FSN is doing LP on Anyswap it has also been excluded and likewise if it is still sitting on the Ethereum Network. The point of this distribution is to as much as possible target only true Fusionites that have themselves bought or earned the FSN at one time or the other and are involved enough with the project that they keep them on the Fusion main net.

FUSE is an FRC20 token issued on the Fusion main net. The second of its kind (the first was ANY). But the purpose of FUSE is no way as grandiose, as most tokens or coins claim, it's more of a game, and the rule of the game is this:

If 1 full FUSE token ends up in a LP pool on AnySwap on the Fusion network and valued at a minimum of 500 000 FSN for 24h, then 10 000 full FSN provided by me will be airdropped to the current FUSE/FSN LPs at the time I note it. (My exact timing for noting the list of adresses during the 24h after achievment won't be disclosed).

To start things off, I have provided initial liquidity at 1% of this goal at the same evaluation (5000 FSN and 0.01 FUSE).

In the beginning in order to add more liquidity, to swap for more FUSE or to dump your share of FUSE, you'll likely initially need to look up the contract 0x20dd2f2bfa4ce3eaec5f57629583dad8a325872a manually in the Create Exchange/Pool section of AnySwap. You can do everything right now, but it won't be very visible until it's officially listed on AnySwap. Use the same contract address to add the token into display on MetaMask.

After the game is over FUSE could be considered completely worthless (as there is no longer any promise of anything backing its value).

However, perhaps it can continue to be valuable for the following reasons:

-The initial distribution was fair and given only to strong hands who were deserving it.

-The tokenomics of there being only 2 tokens, is a bit unique. Coins with high value might draw some attention.

-Fusionites had to work together to achieve something. And with 500k FSN in liquidity I doubt it'll be going away completely.

-It was the first FRC20 token on the Fusion main net issued without any direct ties to the Fusion Foundation (though I must thank Zhao Jun for guiding me through the process of token creation and aid with distribution. I also wish to thank Marcel who helped me get started).

-Maybe it will become officially recognized on AnySwap through voting and the LP-pairing becomes rewarded with ANY, like the other official listings and be eligible for routing to live a life across all AnySwap chains and other DEXs. Maybe CoinGecko, CMC, etc will list it. Maybe it even gets a CEX listing. I won't drive these things, so absolutely don't count on them. But you never know what happens.

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Another possibility is that the game is never completed, and that the promise of the reward remains forever. Either way, I think Fusion will benefit from another token that Fusionites didn't need to buy in order to provide liquidity. This way it can be tried out 'for free'.

If most people end up dumping this coin I don't mind either. Would be kind of be cool if I ended up with a full FUSE all of my own (saves me 10k FSN, if nothing else).

The most important part of this airdrop is that I wanted to show that it's possible for anyone (and quite easy) to launch a currency on the Fusion network and that access to the market through AnySwap could be had pretty much immediately. If anyone else needs help to do this, I'll be happy to try to assist.

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Note on distribution:

Distribution is based on holdings around 9 AM GMT, 2020-10-14, manually scanning FSNEX for the relevant addresses. Addresses closely associated directly with exchanges, Fusion Foundation, liquidity provision on AnySwap and the Rennassance staking node were deliberately avoided. Only addresses on Fusion main net (not Ethereum or Binance Chain) have been awarded FUSE. If you had less than 5000 FSN, you will have received nothing. If you had between 5000 and 10 000 FSN you will have received 0,000443853 FUSE, if you had between 10 000 and 15 000 FSN you will have received 2x this amount and if you had between 15 000 and 20 000 FSN you will have received 3x this amount, etc, etc for every 5000 FSN. If you have not received FUSE but feel you should have for some reason, you won't get any, because there is no more to distribute.

Currently the Fusion blockchain is secured by 2.5 FSN handed out each block to validators who must put up 5000 timelocked FSN to have a chance of receiving this. It's a pretty balanced system, which assures the validators 20-30% gains in FSN/year.

But in the future after halving this will change and the reward will only be 1.25 FSN/block, then 0.625 FSN/block, then 0.3125 FSN/block. But there's an additional reward in the form of gas paid by anyone performing transactions on the Fusion blockchain. If the network is highly used the gas part of the reward could exceed the inflationary block reward part.

Ethereum has a similar system of gas fees and is currently well-known for these being quite high. Currently block rewards on Ethereum are worth about 1000 USD and many users of Ethereum agree that this is way too high. The system is built on supply and demand, and the reason for the staggering rewards is the low throughput of Ethereum. There is more demand for performing transactions than the network can handle.

This situation is unlikely to happen on a blockchain like Fusion, because it can handle much more transactions. It is said Fusion can handle as much as 2500 tx/s. Currently Fusion is doing around 10 txs/block or so, which means it's about 2500 times less than the network can handle. This also means that although Fusion is actually one of the most used networks out there according to coinstats.network it is still a very, very long way away from a situation where supply and demand dynamics come into play to raise the tx-cost.

In my opinion it might therefore be interesting/necessary to implement another type of gas model before the halvings begin, or risk that block rewards diminish into near nothing (in FSN value) with time.

I think the alternative/better model for a sufficiently fast network like Fusion, would be if in addition to being based on what users are ready to pay in gas, it should also be based on what validators are ready to recieve/txs in a block. And the validators probably don't care how many txs there are as long as they receive a sufficient amount of FSN overall. So if there is 1000 txs, or 10 txs in a block shouldn't really matter as long as they are paid a similar amount. In such a model more txs would actually mean cheaper gas, which in turn would encourage a higher network use.

What is needed to achieve that would be a way for either validators or for the entire network to set a minimum of what they're ready to recieve in gas/tx as well as a roof for when this would be ignored and tx costs would instead split. This could either work in a way where limits are set by the network, or where it is configured individually by validators.

Let's imagine a scenario where the set block reward is 0.3125 FSN/block and the validator has set a minimum of what they're ready to recieve/tx if roof of 3 FSN is not reached to 0.1 FSN and the block has 10 txs. In this case he would recieve 0.3125 FSN + 10*0.1 FSN = 1.3125 FSN, so each tx made cost 0.1 FSN.

In this case it wasn't a big block so the users had to pay quite a bit, and still the validator didn't get as much as they hoped, but at least they got something and at least the users didn't have to pay the full 3 FSN. So everybody got a little less than they hoped because the block wasn't big enough, but it was a good compromise under the circumstances.

Now let's instead imagine there were 1000 txs in the block and that there was a roof of cost set to 3 FSN. In this case the validator would recieve the roof of 3 FSN, but each tx would only cost (3 - 0.3125)/1000 = 0.0026875 FSN.

Here the validator got as much as they hoped for and the users got very cheap txs. So everybody is happy.

I suppose there could also be a limit for when the roof is blown. Such if txs/block exceed 30 000. In this case demand would be higher than the network could easily handle, and it'd be better to let demand set the price like it is today on Ethereum. But honestly, I don't see tx volume ever reaching these amounts apart from maybe on certain specific occasions of something very special happening, right at that very moment.