Fantom Information

Fantom is a high-performance, scalable, and secure blockchain platform designed to overcome the limitations of older blockchain systems. With its unique consensus mechanism, Lachesis, Fantom ensures fast transaction times and near-instant finality. This makes it an attractive option for developers seeking to build decentralized applications that require speed and efficiency.

Fantom

$0.70

Title : Fantom
Symbol : ftm
Current Price $ : 0.699578 $
High 24h : 0.720464 $
Low 24h : 0.692894 $
Price Change 24h : -0.018856362550915 $
Price Change % 24h : -2.62464 %
Market Cap : 1961569766
Whitepaper : https://fantom.foundation/research/wp_fantom_v1.6.pdf
Website : http://fantom.foundation
Community : https://www.weibo.com/FantomFoundation
Total Volume : 82345016
Market Cap Change 24h : -52364850.379944
Market Cap Change % 24h : -2.60013 %
Return on Investment (ROI) : 2231.9281530718 %
Circulating Supply : 2803634835.5266
Total Supply : 3175000000
Max Supply : 3175000000
Last Updated : 2025-01-12 23:58
All Time High (ATH) : 3.46
ATH Change % : -79.83506 %
ATH Date : 2021-10-28 05:19
All Time Low (ATL) : 0.00190227
ATL Change % : 36562.47581 %
ATL Date : 2020-03-13 02:25

more information

An Introduction to Fantom: The High-Performance Blockchain

Fantom (FTM) is a highly scalable blockchain platform designed to provide fast, secure, and cost-effective transaction solutions. With its primary focus on DeFi services, Fantom has garnered significant attention within the crypto community since its launch. This article explores the strengths and weaknesses of Fantom, its historical performance, and future outlook in the ever-evolving cryptocurrency landscape.

The Technical Backbone of Fantom

Fantom uses a directed acyclic graph (DAG) for its blockchain infrastructure, which differs from the typical linear blockchain design. This architecture allows for asynchronous and independent transaction processing, leading to faster transaction times and lower fees. Fantom also employs a unique consensus mechanism called Lachesis, which is a variation of the proof-of-stake (PoS) system. Lachesis ensures scalability and maintains security without sacrificing decentralization.

Advantages of Fantom

One of the primary advantages of Fantom is its speed. Transactions on the Fantom network typically finalize within a couple of seconds, making it an attractive option for developers looking to build decentralized applications (dApps) and services that require quick confirmation times. Additionally, Fantom boasts low transaction fees, which are a fraction of what users might experience on other major blockchain platforms, such as Ethereum. This cost-effectiveness makes Fantom an appealing choice for users and developers alike.

Potential Drawbacks

Despite its advantages, Fantom does face some challenges. As with any emerging technology, there are risks in terms of security and network integrity that come with innovation. While Fantom’s technology is promising, it is still relatively new compared to more established networks. Additionally, the platform needs to continue building its ecosystem and developer community to compete with larger, more established networks in the space effectively.

Historical Performance and Market Position

Fantom has demonstrated remarkable growth since its all-time low of $0.0019 in March 2020, achieving an all-time high of $3.46 by October 2021, representing a staggering increase. However, like many other cryptocurrencies, Fantom has experienced volatility, with prices currently around $0.69, marking a significant pullback from its peak.

The Future of Fantom

Fantom’s future looks promising, driven by its innovative technology and potential to disrupt traditional financial systems. The platform is continually expanding its partnerships and collaborations, aiming to increase adoption across various sectors, including DeFi, NFTs, and beyond. As blockchain technology continues to advance, Fantom’s high-performance network positions it well to capitalize on new opportunities.

In conclusion, Fantom is a noteworthy project within the crypto space, offering speed, affordability, and robust technology. While there are risks involved, as with any investment, Fantom's unique platform and strategic vision provide a strong foundation for potential growth and adoption in the blockchain industry.

General Information
from price $1
Title Fantom
Symbol ftm
Whitepaper https://fantom.foundation/research/wp_fantom_v1.6.pdf
Website http://fantom.foundation
Community https://www.weibo.com/FantomFoundation
Last Updated 2025-01-12 23:58

Price Data
Current Price $ 0.699578 $
High 24h 0.720464 $
Low 24h 0.692894 $
Price Change 24h -0.018856362550915 $
Price Change % 24h -2.62464 %

Market Data
Market Cap 1961569766
Total Volume 82345016
Market Cap Change 24h -52364850.379944
Market Cap Change % 24h -2.60013 %
Return on Investment (ROI) 2231.9281530718 %

Supply and Availability
Circulating Supply 2803634835.5266
Total Supply 3175000000
Max Supply 3175000000

Historical Data
All Time High (ATH) 3.46
ATH Change % -79.83506 %
ATH Date 2021-10-28 05:19
All Time Low (ATL) 0.00190227
ATL Change % 36562.47581 %
ATL Date 2020-03-13 02:25