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What is FTM?

Get to know FTM

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What is Fantom (FTM)?

Fantom (FTM) is a smart contract platform with high performance, good scalability
And it's secure. Designed to overcome the limitations of previous generation blockchain platforms.
Aims to provide a robust environment for decentralized applications (dApps).
and digital assets

Blockchain nativo 

Fantom runs on its own blockchain using the Opera mainnet
which is optimized for speed and performance.
The platform uses a unique consensus mechanism called Lachesis.
which is an Asynchronous Byzantine Fault Tolerant (aBFT) protocol.
That allows for high processing and instant completion of transactions

 Protokola Konsensus 

Fantom's Lachesis protocol is a Proof-of-Stake (PoS) mechanism
That combines the advantages of the traditional consensus model and Nakamoto.
To ensure safety, well expandable
and decentralization without reducing the speed of transactions.

 Trilemma (Security, Speed, Scalability) 

Seguridad:Lachesis protocol provides strong security certification
Protects the network from attacks in the event that an attacker wants to attack simultaneously.
This protocol body can be strongly protected

Hastighet:Fantom can complete transactions in about a second.
Making it one of the fastest blockchain platforms

Scalabilità:The platform can support thousands of transactions per second (TPS)
Which is significantly higher than other blockchain platforms.

 Founder/Date Founded 

Fantom was founded by Dr. Ahn Byung Ik, South Korean computer scientist
The development of this platform was led by Ava Labs and was officially launched in December 2019.

 Objective/Use Case 

Fantom focuses on providing a platform that can be expanded
And it's secure for decentralized finance (DeFi) applications.
and various services support the creation of custom blockchain networks and dApps.
High connectivity and efficiency

 Total Supply/ Limit or Unlimited 

Fantom (FTM) has a total supply of 3.175 billion tokens, with about 2.8 billion tokens.
Current Circulation, Transaction Fees, and Governance within the Fantom Ecosystem

 Supply Deflation 

FTM uses a burning mechanism in which part of the network's operating fees is burned.
This results in a reduction of circulating supply in the long term.

Source:

Phantom whitepaper
Phantom.foundation
bitstamp/phantom
coingecko/phantom


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