Fantom (FTM) is a Decentralised Networks crypto coin. Fantom`s origin block was generated on 2018-06-16. More information can be found at https://fantom.foundation/.
Key Technical Advantages:
Lachesis Consensus Algorithm: Lachesis is Fantom's aBFT (Asynchronous Byzantine Fault Tolerant) consensus algorithm, which is fast, scalable, and secure. It allows nodes to process commands independently, without having to rely on the exchange of finalized blocks, making the network leaderless and resistant to DDoS attacks.
FTM Token: FTM is the primary token of the Fantom ecosystem. It is used for various purposes, including securing the network through staking, paying for transaction fees, and participating in governance decisions.
Staking on Fantom: Users can stake their FTM tokens on the Fantom network to help secure the network and earn rewards. Staking allows users to contribute to the network's security while earning a return on their investment.
Opera Chain: The Opera Chain is Fantom's mainnet, which supports staking and Ethereum Virtual Machine (EVM) compatibility. This enables developers to build decentralized applications (dApps) on the Fantom platform, leveraging the benefits of Lachesis and the Ethereum ecosystem.
Fantom Wallets: Fantom provides various wallet options for users to store, send, receive, and stake FTM tokens. Wallets are available for desktop, mobile, and hardware, ensuring that users can securely manage their tokens according to their preferences.
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