FANTOM (FTOM)

FANTOM (FTOM) widget

ICO date:
Industry: Blockchain Infrastructure
Description:

FANTOM is the DAG based smart contract platform. With FANTOM platform, team aims to solve the issue of scalability and confirmation time of the blockchain technology.

Features:

All transactions on the FANTOM platform are executed asynchronously with instant confirmation.

Transaction fee  on the FANTOM platform is less than 0.01 USD from one wallet to another.

The FANTOM platform offers infinite scalability: as more nodes participate in the network, its processing capability increases.

The FANTOM platform is fully open-sourced for transparency and trust.

FANTOM technical architecture comprises 3 key components:

  • The OPERA Chain processes a list of events asynchronously with no rights to modify previous confirmed transactions.
  • The Lachesis protocol: transactions are confirmed with a DAG to maintain consensus within the decentralized FANTOM network.
  • Story Data: Every transaction and smart contract function may store a piece of data for tracking and supply-chain management.
Website: fantom.foundation
Whitepaper: Whitepaper

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See also