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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Announcing the strategic partnership with Tortle Ninja and Tartarus Finance to host the sale of $TORTLE, the Tortle Ninja’s governance and trade token.
Tartarus is a next-gen...
Benefits of Fantom donations for charities Accountability Transparency is at the core of every charity work. Organizations receiving donations need to keep their operations, especially...
In order to participate in the IUO you will be required to hold their token $UNDEAD Tier 1:Undead Army- 2,000 UNDEAD tokens
Tier 2: Lich King- 5,000 UNDEAD tokens
Tier 3:Demon Lord- 10,000...
Upload your project review before April 7th, 2022 and be one of the 8 winners! Tips for the article: Include Play-To-Earn / NFT / Token / Metaverse Gaming space topics into the article
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All the...
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The advantage of Homora V2 on Fantom
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NFTKEY ‒ pronounced N-F-TIKI ‒ is a secondary marketplace for people to collect and trade NFTs on a P2P basis via NFTKEY smart contracts.
NFTKEY provides galleries for people to...
Theme Fantom domains will be made available through a 3 phase process. The first phase starts with their reservations, after the reservations period there will be an auctions period. Finally...
With this latest upgrade, users can now claim $TGOLD, their in-game currency.
$TGOLD will be locked for 15 days and 100% vested afterward counting from the day you received onward. It will...
After the establishment of VRF (verifiable random function) services on Avalanche, Oraichain is excited to announce its extended support for Dapps running on Fantom Opera mainnet. For the...