The Currency Hub
FIO BLOCK PRODUCER
Simplify the crypto-exchange process and make it accessable to everyone.
We recognize that having to use a complicated address for every every trade across every cryptocurrency is a barrier to entry for the novice trader. We believe that being able to use a FIO address for transactions will make our platforms and the user expirence better, it’s that simple.
Why Currency Hub?
At Currency Hub our goal as a block producers is to meet the technical demands of validating blocks on the network with a reliable, resilient and secure platform, while also providing an ongoing commitment to growing the FIO community. Working together, we can improve the entire crypto ecosystem.
Our Node Technology
We run 100% bare metal servers located entirely within the United States. Our servers are equipped with the very latest AMD technology with Ryzen 5 3600X – 6 cores at 3.8GHz which when combined with the speed of NVMe SSD storage, and water cooling guarantees optimal performance.
What is a Block Producer?
Block producers (BPs) are the decentralized entities governing the FIO blockchain. FIO uses a mechanism called Delegated Proof of Stake (DPoS) to come to an agreement on blocks; which transactions are applied to the blockchain, and, as a result, which state or data is stored in the blockchain. For a block producer to produce blocks, those who hold FIO tokens must vote for them. The more tokes a person has, the more influence their votes have on the block provider selection process. The process is continual. Every 63 seconds, the FIO blockchain nodes reschedule the block producers based on the votes accumulated until that point. The top 21 are then selected to produce blocks. Block producers are rewarded for their efforts and they need to be reliable and trustworthy. Having a solid reputation is key to being a successful block producer. It is our goal at Currency Hub to support the FIO community through, our interactions with the FIO Foundation, other block producers and through community outreach & evangelism. We would like thank everyone who has voted for us, your continued support is very much appreciated.
Why Vote for Currency Hub?
Unlike many block producers Currency Hub dedicates its efforts to the FIO network only. We believe that FIO will fundamentally change the way the world views, adopts and uses cryptocurrency. To that end, we are focused on the reliability and security of the FIO network. We monitor our nodes to ensure that we always have the more than enough computing and throughput capacity.
Our behavior, actions and interactions must be beyond reproach and these are the principals guide us. For us to be successful, the FIO Foundation, community and network must thrive. We joined the FIO Foundation in January of 2019 and believe that supporting and evangelizing FIO will be the key to our success.
Please vote for us, we appreciate your support!
Who is FIO?
The Foundation for Interwallet Operability, is a consortium of blockchain organizations and community members supporting the ongoing development, integration, and promotion of the FIO Protocol.
The FIO protocol
The FIO Protocol is a decentralized service layer that bridges the gap between crypto endpoints such as wallets, exchanges, crypto payment processors, and any other application in which crypto assets are held and/or transferred.
The FIO Protocol is not a wallet. Rather, it integrates into existing products as a usability layer that creates an improved, homogeneous user experience for all blockchain tokens and coins by providing a layer of data and confirmations about transactions on other blockchains. The FIO Protocol does not compete with, integrate with nor interfere with any other blockchain. And it does not send transactions to or from other blockchains. Technically speaking, other blockchains are not aware of the FIO Protocol’s existence.
goals of the FIO Protocol
From the Foundation: The FIO Protocol reimagines and enables a better way of sending and receiving blockchain-based value, regardless of the wallet, exchange, token or coin used. This is achieved in a manner which is:
Decentralized: powered by a public blockchain that does not require a centralized solution of a trusted third party
Secure: enables transactions to be exchanged between parties in a secure way. All FIO Protocol transactions require a FIO private key, which is stored in the user’s wallet
Private: sensitive counter-party information, including public addresses and metadata, can be encrypted on the blockchain
Interoperable: once integrated into a wallet, the FIO Protocol works with any blockchain and cryptocurrency without any integration to those chains
eCommerce ready: enables request for payment functionality (i.e. for wallet-to-wallet order cart presentation) along with robust, immutable and private metadata for every transaction and simple refund processes
Currency Hub News
Crypto industry leaders turn to FIO as they look towards the future. Cryptocurrency has long been heralded as a technology that can change the world. But the fact is that it is largely only understood or trusted by those who understand the technology. This is because...
May 16, 2020 Currency Hub continues to add support for meaningful blockchain projects and today we are happy to announce that the TOMO token is now available for quick crypto swaps from, and into the 150+ top cryptocurrencies already offered on CurrencyHub.io The...
April 29, 2020 Currency Hub continues to add support for meaningful blockchain projects by adding DOV from Dovu Ltd to its list of 150+ top cryptocurrencies. When users exchange their crypto and pick DOV as the destination currency they will not only become...
Supporting our Global Community
Currency Hub has committed to donating 10% of its Net Profits to Doctors without Borders & Mercy Corps.
Doctors without Borders
Since its founding in 1971, Doctors Without Borders/Médecins Sans Frontières (MSF) has operated with a fierce—and challenging—commitment to independence, impartiality, and neutrality. These principles are what make it possible for them to respond rapidly to emergencies and provide lifesaving medical care in situations where many other organizations can’t or won’t. Learn more…
Mercy Corps began as The Refugees Fund and was founded in 1979 with the mission of alleviating the suffering of Cambodians Refugees. Since then, they have been providing lifesaving aid to refugees around the world. Their mission is to provide the essentials for refugees/low-income people, so that they improve their lives. Learn more…