The Great Update of Fuloos Chain From POW |POS Scrypt to GEN 4 Quark Protocol With Master nodes

in #fuloos6 years ago (edited)

It has been an exciting couple of months following Fuloos chain and seeing the progress they've made throughout their existence. Few of what they've accomplished include; getting listed on small and medium exchanges, developing web and mobile wallets.

Before I go further, here's a brief description of what Fuloos chain entails. Fuloos is a peer-to-peer digital currency with zero processing fees. It runs on decentralized automotive layers allowing merchants and users across the globe to send transactions with low fees. Fuloos promises a secure, faster and improved payment processing system where individuals can manage their finances on their own.

Screenshot (51).png

Their main infrastructure is backed by multiple dedicated nodes to ensure their network never goes down and allowing users to use Fuloos Coin any time of the day providing a secure and reliable environment for merchants with no downtime what's so ever.

Fuloos chain recently completed yet another milestone; they successfully renewed their brand from POW |POS scrypt to Gen 4 Quark protocol with master nodes and proof of stake. Users can still use their old wallet as it's supported by the new network and can be quickly loaded by moving AppData |Fuloos to AppData |FuloosCore; you can as well download fuloos latest wallet.

In other to use the master node, you will need 111,000 FLS. Once you've acquired 111,000 FLS, follow the step listed below.
• When prompted to Enter your fuloos Master node GEN Key.
• Paster your Master node GEN Key and press enter
• Wait till Node is fully Synced with blockchain. For check enter below command.
fuloos-cli getinfo
• When Node Fully Synced enter below command for check master node status.
fuloos-cli master node status
The recent achievement was welcomed with open hands by the community as lots of transactions are made daily as you can see in the picture below.

Screenshot (53).png

I'm glad I caught wind of Fuloos when they were at their infant stage and watching them gradually soar higher makes me feel somewhat of a proud father from a distant. However, I do hope this is only just the starting point for Fuloos team, and I wish them success moving forward.

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