Fantom.foundation

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Fantom.foundation is a layer-1 blockchain platform that provides a fast, secure, and scalable environment for decentralized applications (dApps). It uses a novel consensus mechanism called Lachesis, which allows for near-instant transaction finality and high throughput. Fantom is also EVM-compatible, meaning that developers can easily port their existing Ethereum dApps to the Fantom platform.

Fantom was founded in 2018 by a team of experienced blockchain engineers and researchers. The team's goal was to create a blockchain platform that could overcome the limitations of existing platforms, such as slow transaction times, high fees, and lack of scalability. Fantom has since grown into a major player in the blockchain industry, with a market capitalization of over $1 billion.

Some of the key features of the Fantom blockchain include:

* **Near-instant transaction finality:** Lachesis allows for transactions to be finalized in under 2 seconds, making Fantom one of the fastest blockchains in the world.
* **High throughput:** Fantom can process over 10,000 transactions per second, making it one of the most scalable blockchains in the world.
* **EVM-compatible:** Fantom is compatible with the Ethereum Virtual Machine (EVM), meaning that developers can easily port their existing Ethereum dApps to the Fantom platform.
* **Low fees:** Fantom has some of the lowest transaction fees in the blockchain industry.
* **Secure:** Fantom uses a number of security features to protect the network, including Proof-of-Stake (PoS) consensus, smart contract auditing, and a bug bounty program.

Fantom is used by a variety of dApps, including decentralized finance (DeFi) applications, non-fungible token (NFT) marketplaces, and gaming applications. The platform is also used by a number of enterprises, including Samsung, LG, and Toyota.

Fantom is a promising blockchain platform with a number of unique features. Its near-instant transaction finality, high throughput, EVM-compatibility, low fees, and security make it an attractive option for developers and users alike.

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