Fantom (FTM)
Fantom (FTM) is a DAG-based smart-contract platform that aims to solve the scalability and transaction speed issues facing blockchain technology. The platform utilizes a directed acyclic graph (DAG) rather than a traditional blockchain, allowing for more efficient and faster transaction processing.
Fantom also implements a modified version of the Ethereum Virtual Machine (EVM) and is fully compatible with Ethereum’s smart contracts. This allows for seamless migration of Ethereum-based DApps onto the Fantom network.
The project is primarily focused on providing infrastructure solutions to enterprise clients and aims to provide a reliable and secure platform for businesses to build their DApps on.
Fantom has gained significant popularity among crypto enthusiasts and investors due to its unique technology and the potential it holds for mainstream adoption. Its fast transaction speeds, low transaction fees, and interoperability with Ethereum make it a promising contender in the cryptocurrency market.