What is FTM and how does it relate to the world of cryptocurrency?

3 answers

• Nov 23, 2021 · 3 years ago
  FTM, also known as Fantom, is a blockchain platform that aims to provide fast and secure transactions for decentralized applications (dApps). It utilizes a Directed Acyclic Graph (DAG) consensus mechanism, which allows for high scalability and low transaction fees. In the world of cryptocurrency, FTM serves as a platform for developers to build and deploy their own dApps, similar to Ethereum. It offers smart contract functionality and supports interoperability with other blockchains. FTM has gained attention for its potential to revolutionize industries such as finance, supply chain, and healthcare through its efficient and scalable infrastructure.
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• Nov 23, 2021 · 3 years ago
  FTM, short for Fantom, is a cryptocurrency that operates on its own blockchain platform. It aims to provide fast and secure transactions for decentralized applications (dApps). FTM holders can use the cryptocurrency to participate in the Fantom ecosystem, including staking, voting, and accessing various services offered by dApps built on the platform. FTM's value is derived from its utility within the Fantom network and its potential for adoption in the broader cryptocurrency market. As with any cryptocurrency, its value can be influenced by factors such as market demand, investor sentiment, and technological advancements.
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• Nov 23, 2021 · 3 years ago
  FTM, or Fantom, is a blockchain platform that offers a scalable and efficient infrastructure for decentralized applications (dApps). It differentiates itself from other platforms by utilizing a Directed Acyclic Graph (DAG) consensus mechanism, which allows for faster transaction processing and lower fees. FTM aims to address the scalability issues faced by many existing blockchains, making it an attractive option for developers and users alike. With its focus on speed, security, and interoperability, FTM has the potential to play a significant role in the world of cryptocurrency and contribute to the growth and adoption of decentralized technologies.
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