Fantom Details

Asset Overview

Fantom

Fantom

Scalable protocol layer solution

About Fantom

As a Layer-1 blockchain, Fantom, like Bitcoin or Ethereum, has its own native coin and can power applications and protocols. Unlike those two assets, however, Fantom runs on a unique independent consensus mechanism called the “Lachesis Protocol” that allows it to perform an incredible number of unrelated functions while still remaining secure and unchangeable. It uses a single consensus layer to power multiple execution chains. The first layer added to the Fantom ecosystem was Opera, a smart contract platform that launched in December 2019. This Proof-of-Stake (PoS) layer uses Lachesis to validate transactions and produce new blocks, and it features several DeFi applications, including SushiSwap and Curve.

Fantom News

Fantom Hits New All-Time High as Rally Continues

Crypto BriefingPublished October 19, 2021

Current price:$3.12

Economic Details

Fantom Details

Ticker
FTM
Max Supply
3,175,000,000 FTM

Fantom Resources