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).
Sturdy is a new DeFi primitive that enables interest-free loans and high-yield lending. Sturdy leverages accurate and high-quality data from Chainlink Price Feeds to provide DeFi users with...
The Bomber Punks website is here, meaning they are edging ever so close to their initial release and cannot wait to show you what they have been building in the background.
All the...
Their proposal’s main goal is to reinforce their ability to attract more trading volume and more generally to expand their ecosystem, with the obvious purpose of creating a more...
The advantage of Homora V2 on Fantom
Homora V2 seeks to be a one-stop-shop for all DeFi users, meaning that regardless of your risk profile and your level of DeFi knowledge, you’ll still...
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...
To pay tribute to the olympic gods, this collection consists of 16 artworks based on Greek mythology. The collection will have a total of 10,000 animated NFTs and each artwork comes with 5...
Based on industry standards and best practices, the Zokyo audit team and security experts reviewed the code line by line with a few different criteria in mind. This was to ensure that the...
QiDao is a protocol that allows users to hold their crypto while still being able to spend its value. Users are able to borrow stablecoins at 0% interest without needing to sell their crypto...
Metavault is a community-controlled investment platform and decentralised venture capital vehicle that allows anyone to invest in the latest and most profitable Blockchain, DeFi and...
This version introduces Binance Smart Chain and Fantom liquidity pools to the execution management system. This brings Dexible’s total liquidity sources integrated up to 57.
Integrating...
Composable Finance is pleased to announce that Mosaic — their transfer availability layer built to ensure the completion of any asset transfer — is integrating with Multichain. This...
Impermax is integrating Solidly boosted rewards through Solidex, a yield optimizer for Solidly.
There are 3 fresh innovations that Impermax is bringing to Fantom: Autocompounder for...
With the help from BlockSolFi, the plans and strategies set out will be easier to achieve, thereby making a lot of impressions in the community as well as the entire ecosystem.
Ultimately,...
By simply inputting a wallet address, Fantom users can pull all relevant transaction data from the blockchain. The ZenLedger Resolution Center helps users correctly categorize transactions,...
Hundred Finance has now been redeployed on Moonriver and they will restart $HND emissions there simultaneously with those on Gnosis Chain.
Gnosis Chain is an EVM compatible blockchain...