Fantom (FTM): A Scalable Smart Contract Platform Built on DAG Technology
Fantom (FTM) is a cryptocurrency and a smart contract platform that aims to address the scalability issues of traditional block ledger-based storage infrastructure. Utilizing an improved version of DAG-based protocols, Fantom distinguishes itself by adopting the "Lachesis Protocol" for consensus on the Fantom OPERA Chain. This allows for instant transactions and near-zero transaction costs for all users.
- Symbol: FTM
- Name: Fantom
- Market Cap Rank: 65
- Price Change Percentage (30 days): 65%
- Website: http://fantom.foundation
- Listed Exchanges:
- CoinTR Pro
- BtcTurk | Kripto
- AscendEX (BitMax)
- ProBit Global
- Crypto.com Exchange
Fantom is designed as a new DAG-based smart contract platform that addresses scalability concerns in the world of distributed ledgers. By implementing the Lachesis Protocol on the Fantom OPERA Chain, Fantom aims to provide instant transactions and low-cost data sharing for real-time transactions on a global scale. The platform's mission is to create a compatible ecosystem for all transaction bodies, allowing seamless interactions and data exchange.
What is Fantom (FTM)?Fantom (FTM) is a cryptocurrency and smart contract platform that aims to solve scalability issues in distributed ledgers by utilizing an improved version of DAG-based protocols. It implements the Lachesis Protocol on the Fantom OPERA Chain, enabling instant transactions and near-zero transaction costs for all users.
How does Fantom address scalability concerns?Fantom addresses scalability concerns by adopting the Lachesis Protocol, a DAG-based consensus mechanism, on the Fantom OPERA Chain. This protocol allows for instant transactions and significantly reduces transaction costs, making it an ideal platform for real-time transactions and data sharing.
What is the mission of Fantom?The mission of Fantom is to provide compatibility between all transaction bodies worldwide. It aims to create an ecosystem that enables real-time transactions and data sharing with low costs, ultimately revolutionizing the way transactions are conducted on a global scale.