Fantom Details

Asset Overview

Fantom

Fantom

About Fantom

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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

Polygon, Fantom Poised for Significant Price Action

Polygon, Fantom Poised for Significant Price Action

Crypto BriefingPublished August 14, 2022

Current price:$0.3962

Economic Details

Fantom Details

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

Fantom Resources