Scalable protocol layer solution
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.