Fasttoken (FTN)
Loading...
Loading...

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
News
Fibonacci Retracement: A Trader’s Compass in the Bitcoin Market
In the world of bitcoin trading, identifying key price levels can be the difference between a profitable decision and a costly error. Among the arsenal of tools available to technical analysts, Fibonacci retracement stands out for its mathematical elegance and…

Telegram’s Durov Calls out French ‘Manipulation’ Over Censorship Demand
Telegram fiercely rejects alleged French intel pressure to censor conservatives, exposing explosive claims of European election meddling and reaffirming its uncompromising stance on free speech. Telegram Refuses to Be Europe’s Political Weapon Telegram founder Pavel Durov revealed on May 19…

Ripple Expands in UAE With License Powering Blockchain Payment Surge
Ripple is revolutionizing cross-border finance in the UAE, launching with Zand and Mamo just months after securing groundbreaking regulatory approval, unleashing real-time blockchain-powered payments. Ripple Payments Gains First Major Foothold in UAE with Zand and Mamo Integration Ripple announced on…

SEC Chair Unleases Plan to Merge Crypto and Securities Under One Roof
A sweeping regulatory revolution is underway as the SEC unveils bold plans to unify crypto and securities oversight, slashing red tape and embracing market innovation. SEC Chair Declares New Crypto Era With Push for Unified Market Rules U.S. Securities and…

JPMorgan Will Allow Clients to Buy Bitcoin, CEO Jamie Dimon Confirms
JPMorgan, the largest U.S. bank, is preparing to provide its clients with direct access to bitcoin, signaling a major move toward broader institutional adoption of the cryptocurrency. Wall Street Giant Opens Bitcoin Gateway: JPMorgan Greenlights Bitcoin Access JPMorgan Chase CEO…

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.