Fantom crypto was launched in 2018.
What is Fantom?:
Fantom is a distributed ledger technology (DLT) platform that is scalable, secure, and lightning fast. The Fantom platform is designed to support real-time applications that require high-throughput and low-latency processing. Fantom uses a unique consensus algorithm called Opera, which is based on directed acyclic graphs (DAGs). This allows the Fantom platform to achieve extremely high transaction throughputs (up to 10,000 TPS) with very low latencies (under 1 second).
The Fantom platform also has a native token, called FTM. The FTM token is used to fuel transactions on the Fantom network.
What are the benefits of Fantom?:
There are many benefits of Fantom, including:
-Scalability: The Fantom platform is designed to be scalable. It can process up to 10,000 transactions per second (TPS).
-Security: The Fantom platform is secured by the Opera consensus algorithm, which is based on directed acyclic graphs (DAGs).
-Speed: The Fantom platform is very fast, with transaction latencies of under 1 second.
-Low costs: Transactions on the Fantom network are very cheap, with fees of just 0.01 FTM.
-Easy to use: The Fantom platform is easy to use and can be integrated into existing systems.
What are the use cases of Fantom?:
The Fantom platform can be used for a wide range of applications that require high-throughput and low-latency processing. Some potential use cases include:
-Supply chain management
Other related questions:
Q: Who invented Fantom crypto?
A: The Fantom crypto was created by a team of developers led by Michael Oved.
Q: Is Fantom a good investment 2022?
A: Fantom is a good investment in 2022. The company has a strong team with a lot of experience in the industry, and they have a solid product. They also have a good community and a strong roadmap.
Q: Will Fantom crypto go up?
A: It is difficult to predict the future of any cryptocurrency, as the market is highly volatile. However, Fantom has shown promise in the past, so it is possible that the price could go up in the future.
- Fantom (FTM) Price, Charts, and News | Coinbase
- What is Fantom? The Fast Blockchain Taking on Ethereum
- What is Fantom (FTM) | History, Roadmap, Economics | Messari
- Fantom (FTM) – DYOR Crypto Wiki – Fandom
- Fantom price prediction: Can it recover in 2022? – Capital.com