Fantom Crypto News
What is Fantom crypto?
Fantom is a smart contract platform that uses a directed acyclic graph (DAG) rather than a blockchain to support a network aiming at maximizing speed and scalability.
Fantom is a Layer 1 project that uses a single consensus layer to support the creation of multiple execution chains. FTM, the project’s native token, is for payments, governance, and ongoing block rewards sent to validators and delegators who stake FTM. The network’s independent consensus layer, called Lachesis, features a novel consensus mechanism developed by the Fantom Foundation dubbed the “Lachesis Protocol.”
How does Fantom work?
Fantom’s components are modules that can be linked together by dApp developers. All of the platform’s components have stand-alone utilities as well as integration links. They allow clicking together into applications on the Fantom smart contract platform at a low cost. These modules include data storage, computation power, consensus mechanism, and more.
Fantom is a full-service blockchain platform that provides the resources required to develop dApps. Fantom provides an easy-to-use interface for developers, so they don’t have to build their own blockchain or develop custom code. And Fantom uses multi-party computing to ensure transactions are performed reliably and instantly.
Fantom Network helps developers by eliminating the trade-offs of traditional blockchain platforms. With the main purpose to create high-performance applications that meet all of their goals.
Where to buy Fantom crypto?
On the official website of Fantom Foundation, you can find a full list of the exchanges that support FTM.
How to add Fantom to Metamask?
To add Fantom to MetaMask, you need to log in to your MetaMask wallet and add a new network.
In the network fields, you need to enter Fantom’s network name, RPC URL, chain ID, symbol, and blockchain explorer URL.
You can get this information on the Fantom docs website.
The network that you want to use is the Fantom Opera network (Fantom mainnet).
After you’ve added the Fantom network to MetaMask, you’ll be able to send and receive FTM tokens.
Is FTM a good investment?
The Fantom Network is a next-generation, highly scalable blockchain platform. It uses a bespoke variety of proof-of-stake algorithms to provide services and secure its network. FTM is also using as a governance token.
We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
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Apple and Google Pay on Wirex Wallet — Use it to add your choice of tokens to your wallet in a matter of minutes.
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Premia now supports Fantom to implement their initial cross-chain bridge aggregator.
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Tortle Ninja Private Beta Testing — 500 Private Beta Test Spots up for grabs!
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AlpacaFinance Removing TOMB Farms such as TOMB-FTM and TSHARE-FTM from their Fantom platform.
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Dfyn Exchange is now a Cross-Chain DEX — Announcing Router Widget Integration. Powered by Router Protocol
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Unmarshal API Suite for Fantom – adding support to Fantom for wallet explorers in the network to track their portfolios on a single platform.
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Geist Finance Spotlight – Fantom Network. Built on the Fantom Opera blockchain, Geist’s money market protocol allows users to earn interest on their deposited assets, and borrow any...
XP Network collaboration with Fantom Network. With XP.NETWORK, you can safely and cheaply bridge NFTs between any two supported networks: Ethereum, BSC, Polygon, Elrond, Aurora, Tron,...
Orion Protocol Integrates with Fantom Network. Since Orion Terminal launched its public Main Net on March 31st 2021 Ethereum and BSC chains have been part of its chain-agnostic approach....
DIA Partnership with Tomb Finance. With this new partnership, DIA will start delivering crowd-sourced data feeds to power the protocol, running on the Fantom Opera network. This new price...
API3 and the ANU launched the first Quantum Random Numbers offering free public random number utility to dApps and Web3. And now announcing API3 and the ANU launched the first Quantum Random...