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

avatarMr DecoderNov 23, 2021 · 3 years ago1 answers

Can you provide a detailed explanation of the Fantom project and its connection to the cryptocurrency industry?

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

1 answers

  • avatarNov 23, 2021 · 3 years ago
    The Fantom project is a blockchain platform that aims to provide a scalable and secure infrastructure for decentralized applications. It utilizes a directed acyclic graph (DAG) consensus mechanism, which allows for fast and secure transactions. By addressing the scalability issues faced by many existing blockchain networks, Fantom aims to enable widespread adoption of cryptocurrencies. With its innovative technology and focus on user experience, the Fantom project has the potential to drive the mainstream adoption of blockchain technology.