#62. Fantom (FTM)

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.

FTM Price Analysis

The price of FTM has gone down -6.98% in the past 24 hours.

Fantom (FTM) is a cryptocurrency token and operates on the Binance Coin platform. Fantom has a current supply of 2,138,153,790.59 with 2,126,106,146.328 in circulation. The last known price of Fantom is $0.045309 USD and is up 17.62% over the last 24 hours. It is currently trading on 33 active market(s) with $28,500,479.711 traded over the last 24 hours. More information can be found at https://fantom.foundation/.