What is a Fractal Network (FRA)? Privacy Blockchain Network with Auditability

Bittime - As blockchain technology develops, privacy and security become increasingly important. This is where Fractal Network (FRA) comes in as an innovative solution. 

Fractal Network is a Layer 1 blockchain focused on privacy and scalability, allowing users to conduct transactions anonymously and securely, while maintaining auditability and compliance.

What is a Fractal Network (FRA)?

Fractal Network, previously known as Findora, is a Layer 1 blockchain focused on privacy and scalability.

This network allows users to conduct transactions anonymously and securely, while maintaining auditability and compliance.

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Fractal Network (FRA) Key Products & Features

• Zero-Knowledge Proofs (ZKPs) : This technology allows users to prove ownership of assets or information without disclosing the details to other parties.
• Multi-party Computation (MPC) : This technology allows multiple parties to jointly perform computations on sensitive data without disclosing their data to each other.
• Fractal Ledger : A secure and scalable distributed ledger that supports private and public transactions.
• Smart Contracts : Contracts that can be programmed and executed automatically on the blockchain.
• Bridges : Connecting the Fractal Network with other blockchains, enabling interoperability and asset transfer.

Also read: What is SMILEY (SMILEY)? Solutions for Traditional Financial Systems

What is FRA Token?

The FRA token is the native utility token of the Fractal Network. This token is used for:

• Pay transaction fees on the network.
• Staking to earn rewards and secure the network.
• Participate in network governance.

Tokenomics FRA Token

• Total Supply : 21,000,000,000 FRA
• Distribution :
  • 30% - Team and Advisors
  • 25% - Public Sale
  • 20% - Ecosystem and Community Fund
  • 15% - Liquidity Mining
  • 10% - Reserve

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Fractal Network Fundamental Analysis (FRA)

• Technology : Fractal Network uses cutting-edge ZKP and MPC technology to deliver privacy and auditability.
• Team : The Fractal Network team consists of experts in the fields of blockchain, cryptography, and finance.
• Community : Fast growing Fractal Network community with active participation on social media and forums.
• Roadmap : Fractal Network has a clear roadmap with a focus on technology development, ecosystem expansion, and increasing adoption.

Comparison of Fractal Network (FRA) & Competitors

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Fractal Network (FRA) Price Prediction 2024

Predicting cryptocurrency prices correctly is difficult, because it is influenced by many factors, such as:

• Development of blockchain technology and mass adoption
• Government regulations and compliance
• Global economic conditions
• Performance and development of the Fractal Network project
• Market sentiment and speculation

However, based on data processing by Bard Google sourced from CoinMarketCap and CoinGecko, here are some price predictions for Fractal Network (FRA) for 2024:

Optimistic Scenario

• The FRA price is predicted to reach IDR 1,500 - IDR 2,000 per token.
• This is driven by:
  • Significant developments in Fractal Network technology, such as the launch of new features and increased scalability.
  • Increased mass adoption of blockchain and cryptocurrencies.
  • Positive government regulation of cryptocurrencies.

Neutral Scenario

• The FRA price is predicted to be stable in the range of IDR 500 - IDR 1,000 per token.
• This is driven by:
  • The development of Fractal Network technology is stable and according to the roadmap.
  • Moderate mass adoption of blockchain and cryptocurrencies.
  • Neutral government regulation of cryptocurrencies.

Pessimistic Scenario

• The FRA price is predicted to fall to the range of IDR 200 - IDR 500 per token.
• This is driven by:
  • Lack of development of Fractal Network technology.
  • Slow mass adoption of blockchain and cryptocurrencies.
  • Negative government regulation of cryptocurrencies.

It is important to remember that these predictions are only estimates and cannot be used as a guarantee.

Conclusion

Fractal Network is an innovative blockchain project with a focus on privacy and auditability. This network has cutting-edge technology, a solid team, and a clear roadmap.

FRA is an important utility token for Fractal Network and has the potential to provide value to its holders.

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Learn  Complete Guide How to Buy Crypto on Bittime .

Monitor price chart movements  for Bitcoin (BTC) ,  Ethereum (ETH ) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime.

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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.