Description: 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 protocols. 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.
Who Are the Founders of Fantom?
What Makes Fantom Unique?
How Many Fantom (FTM) Coins Are There In Circulation?
How Is the Fantom Network Secured?
By removing leadership among network participants, Fantom avoids low-cost attack risk, while staking adds further user incentives to secure operations using FTM token holdings.
Algorithm: ETH Token