Fantom to Be Listed on FMCPAY
2024-09-19


FMCPAY will list Fantom (FTM) on September 18th.
 Refer to the official tweet by FTM: 
FMCPAY is pleased to announce that @FantomFDN $FTM is now available for trading and deposits on #FMCPAY Exchange! 
🔹Deposit: Opened
🔹Trading: Opened
🔹Withdrawal: 2024-09-19, 6:00 (UTC-4)
âœˆï¸ Detail: https://t.co/YeZNCOZgXh pic.twitter.com/Lstc50QtFO
FTM Info
Fantom is a high-performance, scalable, and secure smart-contract platform based on the directed acyclic graph (DAG) architecture. It’s designed to overcome limitations of traditional blockchain platforms by offering improved transaction speeds and scalability. Launched in 2018 with its mainnet OPERA released in December 2019, Fantom is an open-source platform for decentralized applications (DApps) and digital assets, positioning itself as an alternative to Ethereum. It aims to balance scalability, security, and decentralization.
Fantom operates on a unique Layer-1 blockchain, utilizing its bespoke consensus mechanism known as Lachesis. Lachesis is an Asynchronous Byzantine Fault Tolerant (aBFT) consensus engine, employing a DAG algorithm for efficient and rapid transaction processing. This engine allows for near-instant transaction finality and ensures high throughput, processing thousands of transactions per second at a fraction of the cost. Fantom’s network architecture supports the EVM-compatible Opera smart contract chain, providing a platform for application development and integration with Ethereum-based systems.
FTM is Fantom“s native utility token that powers its ecosystem. It is used for a range of purposes within the network, including payment for transactions, network fees, staking, and participating in on-chain governance. FTM token holders can engage in the network’s governance process, with each token equating to one vote. Staking FTM not only contributes to network security but also earns staking rewards for users. The token”s design emphasizes efficiency, security, and cost-effectiveness, aiming to facilitate widespread adoption for both payment and decentralized applications.