What is Fantom (FTM): The Fantom Crypto Network 2022
The Fantom Crypto Network 2022 This year, you may have heard of some popular Ethereum dApps “building out” onto new layer one platforms, including Fantom. Some of the decentralized applications that have expanded onto this relatively new blockchain include the decentralized exchange SushiSwap; Nansen, a leading blockchain data analytics project; and 0x, the DEX and liquidity provider. What is Fantom? But what is Fantom, and does it have what it takes to compete with some of the biggest names in the crypto space? Launched in 2019 by South Korean blockchain development scientists, Fantom is another 2nd generation smart contract platform that offers high scalability and extremely low fees. The developers of Fantom claim that smart contract interactions on the network have been reduced to a maximum of 2 seconds waiting time, which is pretty impressive, and makes Fantom a good potential destination for DeFi projects that are being stifled by the Ethereum gas system. Fantom is an ope...