Fantom


FANTOM is a new DAG based Smart Contract platform that intends to solve the scalability issues of existing public distributed ledger technologies. The platform intends to distinguish itself from the traditional block ledger-based storage infrastructure by attempting to employ an improved version of existing DAG-based pro-tocols. The FANTOM platform adopts a new protocol known as the “Lachesis Protocol” to maintain consensus. This protocol is intended to be integrated into the Fantom OPERA Chain. The aim is to allow applications built on top of the FANTOM OPERA Chain to enjoy instant transactions and near zero transaction costs for all users. The mission of FANTOM is to provide compatibility between all transaction bodies around the world, and create an ecosystem which allows real-time transactions and data sharing with low cost.

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by COINS NEWS - 2 years ago

Fantom (FTM) surpasses 1,000,000 DAILY transactions

Even with this volume and price surge, transaction are still completed in under 1 second (fastest in the market) and only have an average cost of $0.017. To put it in context, only ETH, BSC, and MATIC have more transactions and protocols. More exci...

Cryptocoins News / NewsBTC - 2 years ago

Why Fantom CBDC Could Be a Game Changer

After the success of stablecoins, more and more banks are developing their native Central Bank Digital Currency (CBDC) solutions. Fantom CBDC is a solution to upgrade the existing banking infrastructure. In Jan 2021, the Bank of International Settlem...