# What is Fieres?

The native cryptocurrency of the Fieres Blockchain is called Fiero. In order to provide a market for computation, Fiero was created. Such a market gives participants a financial incentive to validate and execute transaction requests and gives the network computational resources.

Any participant that broadcasts a transaction request is also required to provide a bounty to the network in the form of some Fiero. Whoever completes the process of verifying the transaction, carrying it out, committing it to the blockchain, and broadcasting it to the network will ultimately receive this payout.


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