Fantom (FTM)
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About FTM
Fantom (FTM) is a high-performance, scalable, and secure smart-contract platform designed for decentralized applications (dApps) and digital assets. Using its unique Asynchronous Byzantine Fault Tolerant (aBFT) consensus mechanism called Lachesis, Fantom can achieve near-instant transaction finality with minimal fees, making it ideal for DeFi and enterprise applications. FTM, the native token, is used for transaction fees, staking, and governance within the network, allowing holders to vote on important protocol decisions. Fantom aims to offer high-speed blockchain solutions that bridge the gap between security, scalability, and decentralization. For live FTM prices, historical data, and market insights, visit our Fantom Markets page to stay updated on this innovative blockchain platform.
Fact Sheet
News
Major Swiss Bank Expands Crypto Offerings With Ethereum Staking
Swiss state-owned bank Post Finance AG has expanded its digital-asset offering by introducing staking for ethereum (ETH), allowing holders to earn passive income. The bank plans to add staking for other tokens soon. Post Finance, which started trading and custody…
Bitcoin Miners Bask in a 16% Hashprice Jump Amid BTC’s Triumphant Rally
As bitcoin’s valuation experiences a notable upswing, miners are deriving substantial financial advantages from an elevated hashprice—the metric denoting daily revenue earned per petahash per second (PH/s) of computational power devoted to the Bitcoin network. BTC Mining Revenues Soar as…
Tron-Established DSA Backs Trump’s Crypto Ball As World Liberty Financial Eyes TRX Treasury Integration
On Jan. 17, the Digital Sovereignty Alliance, a nonprofit established by Tron DAO, formally announced its sponsorship of President-elect Donald Trump’s Crypto Ball. In parallel, a source with knowledge of the situation informed Bitcoin.com News that World Liberty Financial, the…
Litecoin ETF Inches Closer to Potential Approval Following Regulatory Filings
Nasdaq filed a 19b-4 and an amended S-1 form on Wednesday on behalf of Canary Capital seeking approval from the SEC to launch the Canary Litecoin exchange-traded fund (ETF). The move comes a year after the regulator’s historic approval of…
Wintermute Predicts US Bitcoin Reserve Consultations Will Spark Global Crypto Race
A fresh report from Wintermute, a global leader in algorithmic market-making and high-frequency trading (HFT), reveals a staggering 313% growth in the company’s over-the-counter (OTC) trading volumes, outpacing the broader 142% uptick in crypto exchange activity. Alongside these figures, the…
Frequently Asked Questions about Fantom
What is Fantom (FTM)?
Fantom (FTM) is a high-speed, scalable blockchain platform designed for decentralized applications and digital assets, featuring the Lachesis consensus mechanism for fast and secure transaction finality.
How does Fantom work?
Fantom uses an aBFT consensus protocol called Lachesis, allowing nodes to confirm transactions independently, resulting in near-instant transaction finality and high scalability without compromising on security.
What makes Fantom unique?
Fantom’s Lachesis protocol provides high-speed, low-cost transactions with finality, making it ideal for DeFi and enterprise applications. Its focus on bridging scalability, security, and decentralization distinguishes it in the blockchain space.
Where can I buy and trade Fantom?
Fantom (FTM) is available on major exchanges, and our Fantom Markets page provides live FTM prices, historical data, and market insights for informed trading decisions.
What are the benefits of using Fantom?
Fantom offers high transaction speeds, low fees, and scalable infrastructure, making it ideal for dApps, DeFi, and digital asset use cases. Its fast finality and secure protocol enhance user experience and reliability.
How can I store my Fantom tokens securely?
FTM tokens can be securely stored in wallets compatible with Fantom, including MetaMask, Ledger, and Trust Wallet, providing flexibility and security for users.
What is Fantom staking?
Fantom allows users to stake FTM tokens to secure the network and earn rewards. Stakers contribute to network security and can participate in governance by voting on protocol proposals.
Is Fantom a good investment?
Fantom’s focus on scalability, speed, and secure DeFi applications makes it a promising project within the blockchain space. While volatile, FTM’s utility in governance, staking, and DeFi enhances its potential value.