FIO Protocol price today, FIO to USD live, marketcap and chart | CoinMarketCap

FIO Price Live Data

The live FIO Protocol price today is $0.059346 USD with a 24-hour trading volume of $3,568,724 USD. We update our FIO to USD price in real-time. FIO Protocol is up 11.30% in the last 24 hours. The current CoinMarketCap ranking is #477, with a live market cap of $35,791,299 USD. It has a circulating supply of 603,096,153 FIO coins and a max. supply of 1,000,000,000 FIO coins.

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FIO Protocol (FIO) is a blockchain protocol that aims to enable a better way of sending/receiving coins and tokens. The FIO token is the native utility token of the project’s blockchain infrastructure, FIO Chain, and is used for transaction gas fees and on-chain governance. The FIO Chain uses a Delegated Proof-of-Stake (DPoS) to achieve network consensus. Block Producers are elected by FIO token holders via on-chain voting. Anyone can register to become a BP and produce blocks if they receive enough votes.

  • FIO addresses act as a human-readable wallet identifier (username@domain) for users on the FIO Protocol. The registration of a FIO Address can be done through a FIO-integrated application or through a registration site. A FIO Address has a yearly fee in FIO tokens, and is bonded with 100 free transactions.
  • FIO Request allows users to initiate transactions using FIO Addresses. This request is stored onchain, with metadata (e.g. currency, amount) encrypted using the Diffie-Hellman key exchange.
  • FIO Data is transaction metadata. This metadata can range from a free-form memo to structured data (e.g. deposit details). The team envisages FIO Data as a means to support decentralized commerce, where transactiond data (e.g. invoices, dates) can be stored on-chain. FIO Data can also include blockchain metadata, such as transaction.