Next Generation A.I. Blockchain: FEPC
Artificial Intelligence
In twenty years, nearly all data will become digitised, making it possible to use AI for decision-making and optimization. AI and automation will replace most blue-collar work and “make” products for minimal marginal cost. Robots and AI will take over the manufacturing, delivery, design and marketing of most goods. FEPC is an innovative blockchain enabling Artificial Intelligence.
Artificial Intelligence (AI) and blockchain technology are two groundbreaking innovations that have been transforming various industries independently. However, the convergence of these two technologies holds tremendous potential to revolutionise how we harness the power of data, enhance trust, and unlock new possibilities for AI. In this article, we will explore the ways in which AI can benefit from blockchain and the promising implications it brings.
Neuromorphic Computing
Neuromorphic computing is an approach to designing computer systems that takes inspiration from the human brain. In simple terms, it aims to create computer chips that work more like our brains do. The human brain is incredibly powerful and efficient at processing information. It consists of billions of interconnected neurons that communicate with each other using electrical signals. Neuromorphic computing tries to mimic this structure and function of the brain to perform computations.
Based on the pioneering work of Dynex, our blockchain has been designed to support Machine Learning and Artificial intelligence tasks. Miners can not only contribute hashing to the blockchain, but can also run Neuromorphic computations, which are at the core of any next generation system.
FEPC Design Concept
FEPC is a complete payment settlement system developed based on blockchain DLT technology, based on the PoW consensus mechanism, using the cryptonight algorithm, so that nodes distributed globally can participate in the entire payment settlement system, jointly ensuring its efficiency and maintaining its stability and consistency, and opening a new era of cross-border payment settlement
FEPC Economic Model
The native token of the Future Economy Pay System is called FEPC and can be divided into 10^9 FEPC is crucial for the stability and security of the Future Economy Pay System platform, for the following reasons. The tokens will be issued according to a predetermined and hardcoded plan. There is no initial coin offering (ICO), no pre-mining, and no coin distribution or any other hidden incentive mechanism for developers. After the launch of the Future Economy Pay System mainnet, all FEPC tokens will be provided according to the emission plan.
FEPC Governance Structure
We will establish a foundation at block height 25,000. The foundation can be compared to a treasury, which is responsible for managing the financial funds of the entire public chain in a designated account and overseeing the income and expenditure of these funds. By reserving funds as reserves for the foundation, the foundation’s funds can be used through expenditure proposals. If the proposed funds are approved by the foundation’s board of directors, the requested funds will be transferred to the requested account after 7,500 block heights.
FEPC Features
Fair Launch
Future Proof
Fair Launch
FEPC was launched fair. No pre-mining, no ICO, no pre-sales of coins. 100% of the allocation is available to the public.
Privacy
Future Proof
Fair Launch
All transactions in FEPC are strictly private. The CryptoNote protocol ensures full privacy of all transactions.
Future Proof
Future Proof
Future Proof
Utilising the CryptoNote protocol and the CryptoNight POW algorithm to secure the blockchain, FEPC has been built on solid grounds.
FEPC Innovative Blockchain Technology
Security
Low transaction fees
Security
FEPC uses the CryptoNight algorithm to solve the privacy issues of cryptocurrency users.
Fast
Low transaction fees
Security
The “Instant Confirm” mechanism is faster than the “Lightning Network” and does not require a new payment channel network to be anchored in the blockchain.
Low transaction fees
Low transaction fees
Low transaction fees
FEPC can process 4096 transactions per block, greatly reducing block congestion and lowering the transaction fees required for each transaction.
Flexibility
Low transaction fees
Low transaction fees
FEPC’s token block validation time is relatively shorter than BTC, making it suitable for small payments and fast confirmation between cross-chains.
We are proud to announce our first CEX listing!
Nikola Tramontano, FEPCoin Developer
