Fantom (FTM) Research Project Report

  • Fantom is building a programmable platform on a directed acyclic-graph based distributed ledger.
  • Fantom uses an asynchronous byzantine fault tolerant Proof-of-Stake consensus mechanism called "Lachesis" and integrated with the Ethereum Virtual Machine (EVM) and the Web3JS stack. Users can thus write, compile, and deploy smart contracts on Fantom in the same way as they can on Ethereum.
  • According to the team, key features of Fantom relate to:
    • Speed: on Fantom, there is no need to wait for block confirmations; transactions are final and confirmed usually within 1-2 seconds.
    • Security: with the use of the Lachesis aBFT consensus protocol, Fantom can support a large number of nodes in a permissionless, open-source environment.
    • Smart-contract support: Fantom allows parties to execute smart contracts in a trustless and highly scalable environment.
  • The FTM token is required for staking, on-chain governance and as payment for network fees. Naturally, FTM can also be used to transfer FTM-denominated value.
    Ranking 71/72  
    FTM Price $0.7691  
    Price Change 24h $0.09323  
    24h Low / 24h High $0.6681 / $0.8367  
    24 Hour Trading Vol $449,129,965.29  
    Market Cap $1,958,076,229.75  
    Max Supply 3,175,000,000  
    Circulating Supply 2,545,006,273  
    FTM Price History    
      7d Low / 7d High
    $0.5635 / $0.8456
      30d Low / 30d High
    $0.2501 / $0.8456
      90d Low / 90d High
    $0.1213 / $0.8717
      52 Week Low / 52 Week High
    $0.003328 / $0.8717
    All Time High $0.8717  
    About FTM    
    Technical Analysis FTM/USDT  
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