Comparison and Review: Fantom (FTM) vs Arbitrum (ARB)
Fantom (FTM)
FANTOM is a new DAG based Smart Contract platform that aims to solve the scalability issues of existing public distributed ledger technologies. It distinguishes itself from traditional block ledger-based storage infrastructure by utilizing an improved version of existing DAG-based protocols. The platform employs the "Lachesis Protocol" to maintain consensus, which is integrated into the Fantom OPERA Chain. This integration enables applications built on top of the FANTOM OPERA Chain to benefit from instant transactions and near-zero transaction costs for users. The mission of FANTOM is to provide compatibility between all transaction bodies worldwide and create an ecosystem that allows real-time transactions and data sharing with low costs.
Arbitrum (ARB)
Arbitrum is one of the leading Ethereum scaling solutions that brings cheap transactions to tens of thousands of users in an environment very similar to Ethereum. It operates as an optimistic rollup, making it the leading Layer 2 (L2) solution in terms of total value locked (TVL). Several popular decentralized applications (dApps) are hosted on Arbitrum, including GMX, Radiant, Uniswap V3, and Gains Network.
Market Cap and Performance
Fantom (FTM) currently holds the 65th rank in terms of market capitalization, while Arbitrum (ARB) holds the 39th rank. In the past 30 days, Fantom has experienced a positive price change of 65%, while Arbitrum has seen a decrease of -20.44% in the same period.
Website and Listings
For more information about Fantom, you can visit their official website: http://fantom.foundation. Fantom (FTM) is listed on various exchanges, including MEXC, Gate.io, CoinW, DigiFinex, and many others.
Arbitrum also has an official website: https://arbitrum.io/. It is listed on exchanges such as MEXC, Gate.io, CoinW, DigiFinex, and more.
Exchange Listings
- MEXC
- Gate.io
- CoinW
- DigiFinex
- BitMart
- CoinTR Pro
- Tidex
- Binance
Conclusion
Both Fantom (FTM) and Arbitrum (ARB) offer innovative solutions to address scalability issues in the blockchain ecosystem. Fantom aims to provide instant transactions and low costs through its DAG-based protocol, while Arbitrum focuses on bringing affordable transactions to Ethereum users through optimistic rollup technology. Ultimately, choosing the better investment or more powerful platform depends on individual preferences, risk tolerance, and thorough research of each project's fundamentals, partnerships, and community support.