Fasttoken (FTN)

Unverified

Loading...

Loading...

FTN price prediction, FTN price today, how to buy Fasttoken coin

About FTN

Bahamut is an innovative Layer 1 EVM-based blockchain that operates on a Proof of Stake and Activity (PoSA) consensus mechanism. This unique approach ensures fair rewards for participants and robust security through random validator selection. With an impressive network of over 4,456 validators and more than $100 million in total value locked (TVL), Bahamut is strategically positioned to support a diverse ecosystem of decentralized applications (DApps), including decentralized exchanges (DEXs) like Kujata and Silkswap. These platforms enable seamless token swaps, catering to gamers, NFT traders, and DeFi enthusiasts alike. The distinct PoSA consensus not only increases security but also introduces novel monetization opportunities for enterprises, enhancing transparency and integrity within the Web3 space. FTN, the native token of Bahamut, originally emerged as an ERC20 token before transitioning to support the blockchain's mainnet launched on May 3, 2023. It plays a crucial role within the ecosystem, functioning as a payment solution across various platforms and gaming environments. As the Bahamut infrastructure continues to expand, users can anticipate the introduction of essential services such as bridges, additional DEXs, and a grant program aimed at empowering developers to contribute to a decentralized future. The upcoming Caucasus Layer 2 network promises to significantly elevate transaction speeds and scalability. With a commitment to constant growth and innovation, Bahamut stands out as a leading solution in the blockchain landscape.

Convert Fiat to Fasttoken

Loading...

Crypto Investment Calculator

$

+

%

Fact Sheet

Explorer
Exchanges
Social Media
Blockchains
Bahamut logoEthereum logo

News

Bitmine Launches $250M Ethereum Treasury Strategy With Top Crypto Investors

Ethereum takes center stage as Bitmine commits $250 million in crypto and cash to catapult into top ETH holder ranks, redefining treasury strategy with institutional firepower. Bitmine Eyes Top ETH Holder Status With $250M Crypto and Cash Investment Ethereum treasury…

Bitmine Launches $250M Ethereum Treasury Strategy With Top Crypto Investors

Circle Seeks Approval to Launch ‘First National Digital Currency Bank’

Circle’s move to create a federally regulated digital currency bank signals a massive leap toward integrating crypto infrastructure directly into the core of U.S. financial regulation. Circle Seeks OCC Approval to Establish Federally Regulated USDC Trust Bank A national charter…

Circle Seeks Approval to Launch ‘First National Digital Currency Bank’

First US Crypto Staking ETF Set to Launch Wednesday With SOL Yield Exposure

A regulated crypto staking ETF is set to debut in the U.S., unlocking yield potential and paving the way for a new era of compliant digital asset investing. New ETF Combines SOL Exposure With Staking Income in Regulated Structure A…

First US Crypto Staking ETF Set to Launch Wednesday With SOL Yield Exposure

XRP Gains Ground With Wall Street as Companies Follow Bitcoin Treasury Model

XRP is emerging as the next big institutional crypto play as public companies embrace it as a treasury cornerstone, signaling explosive mainstream adoption. Wave of Public Firms Embracing XRP Sparks Institutional Crypto Shift A growing number of public companies are…

XRP Gains Ground With Wall Street as Companies Follow Bitcoin Treasury Model

Robinhood Announces New Layer 2 Blockchain

California-based financial services firm Robinhood is in the process of building its own layer 2 blockchain on Arbitrum, according to a press release published by the company on Monday. The announcement also featured multiple products and services that will be…

Robinhood Announces New Layer 2 Blockchain

Frequently Asked Questions about Fasttoken

What is Fasttoken?

Fasttoken (FTN) is the native cryptocurrency of the Bahamut blockchain, serving as a utility token within the Fastex ecosystem for various applications, including gaming and e-commerce.

What is the Bahamut blockchain?

Bahamut is a layer-1, public, EVM-based blockchain solution featuring a novel Proof of Stake and Activity (PoSA) consensus mechanism, designed to enhance scalability and security.

How does the Proof of Stake and Activity (PoSA) consensus mechanism work?

PoSA introduces an 'activity' parameter into the validation process, measured by the amount of gas used by a validator's smart contract. This incentivizes developers to create widely used smart contracts, as higher activity increases the chances of becoming a block producer and earning rewards.

What is the Fastex ecosystem?

The Fastex ecosystem encompasses a suite of Web3 solutions, including the Fastex cryptocurrency exchange platform, the Bahamut blockchain, the Fastex Pay cryptocurrency payment system, the ftNFT marketplace, and decentralized applications tailored for partners.

Where can I buy Fasttoken (FTN)?

Fasttoken (FTN) can be purchased on various cryptocurrency exchanges, such as the native Fastex exchange, Gate.io, Bitget, XT.com, and WhiteBIT.

Where can I store Fasttoken (FTN)?

Fasttoken (FTN) can be stored in wallets compatible with the Bahamut blockchain, such as the official Fastex Wallet. Additionally, the ERC-20 token version can be stored in any Ethereum-compatible wallet such as Bitcoin.com Wallet or MetaMask.