Fantom
FTM
Performance & facts
About Fantom
Fantom is decentralized open-source platform for smart contracts. It was built to be compatible with Ethereum EVM (Ethereum virtual machine) enabling deployment of smart contracts written for Ethereum on a cheaper, more efficient blockchain.
Deploying a decentralized app or smart contract on Fantom is no different than deploying on Ethereum. The same Solidity language and tools like Remix and Truffle can be used.
Fantom has its own consensus mechanism called Lachesis. It is different to Ethereum because it uses a DAG (directed, acyclic graph), instead of traditional blockchain. This is why Fantom is so much faster than Ethereum.
FTM - the native token of Fantom can be staked to earn staking rewards.
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