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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LIFI Integration with Extra Finance, users can move their existing assets from 17+ EVM-compatible chains directly into Optimism to start earning yields without the need to leave the...
AlephZero Nodes now on Onfinality, OnFinality will provide a one-click node solution for builders to join and help scale the network faster than ever! OnFinality, a multi-chain...
Mummy Finance Launches The Trollbox, a self-developed chat room or messaging platform where users can engage in discussions, often anonymously, where users may discuss topics in real time,...
Subquery Partnership with Comdex, DeFi infrastructure layer for the Cosmos ecosystem, creating an ecosystem of interoperable solutions. Comdex developers will benefit from the superior...
Bounce Finance Integration with Fantom, users will benefit from nearly instant transaction speeds, minimal transaction fees, and top-notch security. This will represents a crucial...
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ThirdFi Integration with Chainlink, providing users with stronger assurances that in accessing highly accurate and reliable price data for a wide range of digital assets. Chainlink already...
Keystone Collaboration with Unipass, both parties is on a mission to democratize access to Web3 products, making the future of the internet accessible to everyone. At the heart of Account...
Voltage Finance Partnership with Artrific, the world’s first non-fungible tokens (NFTs) marketplace on Fuse Network. Buy, sell, and discover exclusive digital items. Voltage brings...
Onfinality Integration with DFK Chain to provide easy to use, reliable and scalable API endpoints for builders to deploy and run their dApps on the DFK Chain quickly and easily! What is DeFi...
Flux Exchange Trading Contest on Fantom with a $10,000 prize pool to showcase your trading strategies and win fantastic prizes. Flux Exchange Trading Contest will feature two leaderboard...
Mises Partnership with Moonbase Alpha, both teams will work together for mutual promotion, possible farming additions, and business development. MoonBase Alpha will also work with Mises for...
Elk Finance Partnership with Xion Global, to create a streamlined payment and settlement process for multi-chain payments. The following features have been created and updated to accommodate...
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