Project Name: Fantom
Token Name: FTM
Introduction to the Project
The Fantom Foundation was founded by Dr. Ahn Byung Ik, a South Korean computer expert in 2018. Behind the Fantom project, there is a very large team of experts in the blockchain field. The team includes software developers, scientists, engineers, researchers, designers, and entrepreneurs.
Fantom (FTM) is a smart contract-based cryptocurrency that stands for “Directed Acyclic Graph” DAG. Distributed ledgers are intended to provide solutions to scalability problems.
Fantom uses the Lachesis Protocol together with the Proof of Stake algorithm, reducing the processing speed to less than two seconds. At the same time, Fantom, which uses the CryptoNode mining protocol, does not need high-end hardware and equipment to mine.
FTM can be traded and also exchanged for other cryptocurrencies. The confirmation process for trading and swapping takes under two minutes. It can be used as a means of payment.
Total Supply: 2,545,006,273
Circulation Supply: 2,545,006,273
Official Website: https://fantom.foundation/
Technical Report: https://fantom.foundation/fantom-research-papers/