FTM will remain supported on the Opera network, but to use Sonic’s features, upgrading to S is required. Major exchanges, like Binance, will delist FTM trading pairs in early 2025, making it advisable to upgrade within the initial window.

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.

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.

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.