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Fantom (FTM)

Blockchain technology has provided a way to maintain consensus across all nodes with no central authority. However the technology faces fundamental issues like a lack of real-time transaction settlement and scalability. Despite improved consensus algorithms, Some blockchain implementations such Bitcoin or Ethereum synchronize one block at a time. This results in slow confirmation times, one of the biggest factors stopping blockchain technology from being widely used across many industries. Although Smart Contract platforms such as Cardano and EOS have started to emerge, public Distributed Ledgers are still not widely used.

To address these persistent issues, a new model based on the Directed Acyclic Graph (DAG) was developed. FANTOM is a new DAG based Smart Contract platform that intends to solve the scalability issues of existing public distributed ledger technologies. The platform intends to distinguish itself from the traditional block ledger-based storage infrastructure by attempting to employ an improved version of existing DAG-based pro-tocols. The FANTOM platform adopts a new protocol known as the “Lachesis Protocol” to maintain consensus. This protocol is intended to be integrated into the Fantom OPERA Chain. The aim is to allow applications built on top of the FANTOM OPERA Chain to enjoy instant transactions and near zero transaction costs for all users.

The mission of FANTOM is to provide compatibility between all transaction bodies around the world, and create an ecosystem which allows real-time transactions and data sharing with low cost.

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Cross-DAG Validation For Scalable BFT Consensus

By Michael Kong, Edited by Michael ChenHey Fantomians, we’re extremely proud to share that we lately revealed our new analysis paper, ‘ Stairdag:...
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Technical Update 13 – Fantom Foundation

Official E-mail Handle: [email protected] Web site Hyperlink: https://www.fantom.foundationOfficial Telegram Dialogue Group (English): https://t.me/fantom_englishOfficial Telegram Bulletins Channel: https://t.me/fantomfoundationOfficial Subreddit: https://www.reddit.com/r/FantomFoundation/Official Twitter: https://twitter.com/FantomFDNOfficial Medium: https://medium.com/fantomfoundationOfficial...
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Isekai Update from Sikoba and Fantom – Fantom Foundation

Michael Kong (FANTOM Basis)ObserveAug 16 · 1 min learnBy Alex KampaSikoba has been doing in depth work on Isekai,...
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Fantom Mainnet Governance Proposal – Fantom Foundation

By Alex Kampa, George Samman, Quan NguyenThe Fantom group has been quietly engaged on a governance construction for mainnet. After finding out different...
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Fantom lists on Beaxy — The All-In-One Cryptocurrency Exchange

By Michael ChenHey Fantomians! It’s been some time since our final change itemizing (properly alright, perhaps it’s been like two weeks), however we’re...
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Fantom Technical Update 12 – Fantom Foundation

Michael Kong (FANTOM Basis)Comply withAug 6 · 2 min learnBy Michael KongNew consensus implementation based mostly on modified model...
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