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The COFFE utility token, with ticker CFF, is part of the COFFE Network, which aims to develop infrastructure for creating atomic swaps with other blockchains. Atomic swaps enable seamless transactions between blockchains, allowing users to transfer coins from one blockchain to another. The COFFE blockchain uses a proprietary consensus algorithm called dPOS, which enhances decentralization within the network. Any user can become a block producer in the COFFE network by staking 10,000,000 CFF.
COFFE offers the COFFEmask wallet, a user-friendly wallet based on atomic swaps. With this wallet, users can create an account on the COFFE network, transact with COFFE coins, conduct coin transactions between networks, receive tokens from other networks, and exchange tokens within the COFFE network. The wallet also allows users to confirm dAPP transactions and provides a secure environment for storing keys on the user’s side. It is built on EOSIO, a highly secure blockchain.
The COFFE network offers crosschain swaps, enabling users to utilize Bitcoin, Ethereum, BSC, Tron, Polygon, and other coins on its platform. The COFFE blockchain’s security is robust, benefiting from the time-tested security of EOSIO. The network imposes smart contract swap fees and transaction fees, ensuring the system’s sustainability. COFFE is actively developing its infrastructure for gaming and gambling, aiming to provide game developers with tools to interact with their multichain via wallet API by socketsio.
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