Fantom Login
Phantom Crypto & NFT Wallet Solana | Ethereum | Polygon Login
Fantom is a high-performance blockchain platform designed for decentralized applications (dApps) and digital assets. Its unique architecture allows for high scalability and fast transaction processing. Here are some key features of Fantom:
-
Lachesis Consensus Protocol: Fantom uses a Directed Acyclic Graph (DAG) and the Lachesis consensus algorithm, which enables faster transaction confirmations and high throughput.
-
Low Transaction Fees: Transactions on the Fantom network are generally much cheaper compared to many other blockchain platforms.
-
EVM Compatibility: Fantom is compatible with the Ethereum Virtual Machine (EVM), allowing developers to easily migrate their dApps from Ethereum to Fantom.
-
Interoperability: Fantom supports cross-chain interactions, which can enhance its utility and connectivity with other blockchains.
-
Decentralized Finance (DeFi) Focus: The platform has gained popularity in the DeFi space, hosting various projects related to lending, borrowing, and yield farming.
What's Your Reaction?