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COFFE TOKEN (CFF)

COFFE TOKEN (CFF)

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TimelineTable: Further ResourcesReferences
Is a
Cryptocurrency
Cryptocurrency

Cryptocurrency attributes

Ticker Symbol
CFF
Block Explorer URL
bscscan.com/token/0xd...df51ddaf51

Other attributes

ICO Date
October 2022
Medium URL
medium.com/coffe-multichain
Start Date
August 24, 2020
Stock Symbol
CFF

COFFE blockchain is developing the infrastructure for creating atomic swaps with other blockchains. The swaps mechanism allows conducting transactions from one blockchain to another. When transferring a coin from some other blockchain to the COFFE blockchain, it remains on the swap wallet, which is managed by a smart contract. At that, the coin is issued in the COFFE blockchain, with the help of the same smart contract, and then is sent to the end recipient. In the case of a reverse transaction from the COFFE blockchain to another blockchain, the coin is erased in the COFFE blockchain, and the coin remaining on the smart contract wallet is sent to the end recipient of the transaction. Generally speaking, the COFFE blockchain can include as many coins as there are on the swap wallet, no more and no less.

A user will be charged a smart contract swap fee for the use of swaps in the COFFE network and a fee for conducting a transaction in the corresponding network.

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Further Resources

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