What are the features of Fantom?

Fantom is a distributed ledger technology (DLT) platform that is designed to enable high-speed transactions and near-instant finality.

It is a next-generation blockchain platform that is focused on solving the scalability issues of existing blockchains. The main features of Fantom include: 1. Fast Transactions: Fantom uses a Directed Acyclic Graph (DAG) structure to enable fast and secure transactions.

Transactions are confirmed in seconds, allowing for near-instant finality. 2. Scalability: Fantom can process up to 10,000 transactions per second, making it one of the most scalable blockchains in the world.

This makes it suitable for large-scale applications such as smart cities and IoT networks. 3. Security: Fantom uses a consensus algorithm called Lachesis Protocol which ensures that all transactions are valid and secure.

It also uses advanced cryptography to protect data from malicious actors. 4. Interoperability: Fantom is designed to be interoperable with other blockchains, allowing for cross-chain communication and data sharing between different networks.

This allows developers to create applications that span multiple blockchains without having to build separate versions for each one. 5. Smart Contracts: Fantom supports smart contracts, allowing developers to create decentralized applications (dApps) on the platform with ease.

These dApps can be used for a variety of purposes such as creating digital tokens or issuing financial instruments like bonds or stocks on the blockchain.