HomeNewscoinquora.comTen Million Transactions a ‘Huge Milestone’ for Fantom

Ten Million Transactions a ‘Huge Milestone’ for Fantom

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  • Leading blockchain Company Fantom has reached the 10 million transactions.
  • Fantom has seen amazing growth in just a period of few months.
  • Digital Asset Manager HyperChain is one of its biggest supporters.

In just a few months, leading blockchain platform Fantom has seen some of the most exponential growth ever seen in a platform of its kind. It hit a total of ten million transactions today. The platform is attracting the attention of leaders all over the world.

Thousands of users utilize Fantom daily for a variety of purposes, including information security and crypto-currency transactions. It also offers the ability to complete transactions within one second, at a fraction of the cost of comparable platforms.

Moreover, the blockchain is fully EVM compatible. It gives developers the ability to deploy smart contracts just like on other platforms such as Ethereum.

It prides itself on its high-performance, scalability, and secure smart-contract platform. Its special design helps it overcome the limitations of previous-generation blockchain platforms.

Along with that, the system is fully permissionless, decentralized, and open-source. It aims to provide users with one of the most reliable and innovative blockchain systems available on the market anywhere in the world.

The ten million transactions milestone comes just days after Fantom hit three million transactions – yet another sign of the platform’s incredible growth. Not just this, but in the last week, the platform has seen an average of 500,000 transactions every day, a substantial jump on the average of 10-15,000 transactions per day seen at the beginning of April.

One of the biggest believers in Fantom from the beginning has been HyperChain. It has recently invested another $15,000,000 USD into Fantom a matter of months ago.

According to HyperChain Founder Stelian Balta, the milestone goes to show the monumental success the project has been. He added that its growth shows no sign of slowing down.

 “This is an incredible milestone for a platform that has most certainly demonstrated its potential in the crypto market,” Balta said.

“It’s not every day that such swift growth on this scale is witnessed, and it really demonstrates the potential this platform has. It’s only up from here.”

Simple word-of-mouth spread of the platform’s benefits has sparked part of the jump in transactions. Since its launch, Fantom has become one of the most talked-about new kid on the block. Developers who use it have become leading voices in talking up the platform.

To maintain its position, Fantom works with developers to ensure that their needs are met. The platform is based solely on being the most optimized experience available to developers. It allows them to get on with their work without the frustration of unnecessary hassles.

To add to that, Fantom is also a big believer in supporting developers to strive. It has given grants to SpiritSwap and SpookySwap in recent weeks as a thank-you for ongoing support. ZooCoin and HyperJump also received grants from the company.





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