Infrastructure, Smart Contract Platform, BNB Chain Ecosystem, Layer 1 (L1), Fantom Ecosystem, Moonriver Ecosystem, Harmony Ecosystem, Ethereum Ecosystem
Fantom is a blockchain-based platform that enables the creation of smart contracts and decentralized applications (dApps).
It is designed to be fast, secure, and scalable. The platform is powered by its native cryptocurrency, FTM. Fantom was created to solve the scalability issues that plague many existing blockchain networks.
It uses a unique consensus mechanism called “Lachesis” which allows for near-instant transaction times and high throughput. This makes it suitable for use in a variety of applications such as payments, supply chain management, and IoT. The platform also has an advanced smart contract language called “Opera” which allows developers to create powerful dApps with ease.
It also features a decentralized storage system called “Lachesis Storage” which stores data securely on the blockchain. Fantom also has an active community of developers who are constantly working on improving the platform and creating new applications. The team behind Fantom is highly experienced in blockchain technology and has already released several successful projects such as Loom Network and Aelf.