Fantom
- Live from: December 2019
About
Native Token
Blockchain Score
Overview
Fantom is Proof of Stake blockchain. It is a fast, high-throughput open-source smart contract platform for digital assets and DApps. It is the first DAG-based Layer 1 blockchain that intends to solve the scalability issues of existing public ledger technologies. It differs from most Blockchains in the fact that it is not a single blockchain but a network of blockchains allowing users to build their own blockchain with scalability, speed and effectiveness.
Pros
- The aBFT consensus algorithm is designed to enhance both speed and security rather than prioritise one over the other.
- Community-governance with clear on-chain voting.
- Support for ERC-20 tokens and the Ethereum Virtual Machine for smart contracts.
- Guaranteed network security with TxFlow — an aBFT middleware protocol designed to enhance responsiveness and overall performance. Allows platform to not sacrifice speed to boost security, rather it enhances both.
Cons
- Not currently compatible with other wallets apart from official PWA wallet.
- You cannot stake FTM with other exchanges like Binance. You can only stake FTM on the platform.
Fantom Team
Fantom Total Value Locked (TVL)
Fantom Whitepaper
- Transactions Per Second (TPS)
- Transaction Speeds (Secs)
- Cost Efficiency ($USD)
- Energy Consumption (low/high)
10,000
0.50 – 1.50
0.001
Performance: 90/100
Ecosystem Maps
Ecosystem
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DEX
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NFT Exchange
Bridge
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