The Fantom blockchain is a high-performance, scalable, and permissionless distributed ledger technology. It utilizes a unique consensus mechanism called Lachesis, designed to achieve fast transaction finality and low fees. Fantom aims to support decentralized applications (dApps) and smart contracts, offering an alternative infrastructure for the development of the decentralized web.
Context
Discussions surrounding the Fantom blockchain often revolve around its technological advancements, ecosystem growth, and its competitive positioning against other layer-1 protocols. News coverage typically highlights new dApp deployments, partnerships, and developments in its consensus mechanism. The ongoing evolution of Fantom’s infrastructure and its adoption rate are key factors influencing its market relevance and future prospects.
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