FantomThe world's first DAG based smart contract platform.
Description
The world's first high-performance public chain based on DAG technology and supporting smart contracts, dedicated to solving the scalability and processing time problems of existing blockchain technologies. Unlike traditional chunk ledger-based storage, Fantom builds the underlying framework with an improved version of DAG and uses the Lachesis protocol. OPERA Chain enjoys instant processing and near-zero transaction costs for applications built on Fantom, which is benchmarked in the whitepaper against EOS, Steem, ADA and others. Fantom will run every transaction within the blockchain through a chain of automatic execution chains, providing users with faster, near-zero transaction costs; unlike EOS and Cardano, on-chain transactions are executed asynchronously with instant confirmation; its processing power increases as more nodes join the network; and the platform is open source in terms of transparency and trust.
Fantom tokens FTM is an ERC-20 tokens that is used on three major networks, including the ERC20 platform on the Ethereum network, BEP2 on the Binance Chain, and Opera FTM on Fantom's mainnet Opera chain.
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