Pros
- high volume
Cons
- low price relative to the market
Fantom Review
22
·
Followers 2
·
Average
Rating
3.8
Crypto Projects, ERC20
Description of Fantom
Fantom (FTM) is a cryptocurrency launched in 2018. Fantom has a current supply of 3,175,000,000 with 2,784,524,091.5509458 in circulation. The last known price of Fantom is 0.45717892 USD and is down -3.42 over the last 24 hours. It is currently trading on 439 active market(s) with $274,898,086.30 traded over the last 24 hours. More information can be found at https://fantom.foundation/.
Pros
- Although ERC is a 20-digit number, unlike Ethereum, it is fast enough to do a lot of exchanges every second;
Cons
- No flaws
Pros
- Ethereum-based DApps can run on the Phantom platform.
- Security: The platform is very secure
Cons
- The platform is a bit new
Pros
- Suitable for new AI developments and smart urban communities.
- Concerned neo-hippies and their global warming, i'll tell ya.
- Advancing the issue with consistent information through individual media outlets.
Cons
- Your organization has not yet been sent.
Pros
- In front of the project, present a solid team of experts.
- Presenting many partnerships with prestigious organizations.
- Scalable alternative to other stagnating projects with increased market liquidity.
- Dag technology was the first to accept smart contracts.
Cons
- None.
Pros
- There is a sizable following for the project.
- It can be bought and sold on major exchanges such as Kucoin and Binance.
- It has a high throughput and can process millions of transactions per second.
Cons
- There are no major drawbacks.
Pros
- It makes it simple for engineers to make decentralized applications through its open source.
- It consolidates three advances on a solitary stage to furnish clients with quick and secure exchanges.
Cons
- Being a digital currency it is dependent upon the instability of the crypto market.
Pros
- Ghost code is a totally open source. Anybody can understand it, look at it, remark on it and help assemble a biological system.
Cons
- I have not encountered flaws in the Phantom
Pros
- Although it is an ERC 20-based token, it is fast enough to process thousands of transactions per second compared to the Ethereum network.
- It is a completely open source blockchain. Anyone can read codes and processes and control progress, while contributing to the ongoing building of the ecosystem.
- They try to be compatible with all transactions that can be done using DAG-based technology. They have created a highly secure infrastructure that enables data sharing and real-time transactions.
- DApps in the Ethereum network can run on the Phantom platform.
- For maximum flexibility in accessing price feeds, industry-leading oracle providers have integrated Chainlink and Band Protocol into Fantom.
Cons
- It's bad that it doesn't have the ability to work with more blockchains
Pros
- The project has a large community of followers and users on twitter and telegram
- it has high throughput and completes hundreds of thousands of transactions per seconds
- it supports crosschain transaction
- it can communicate accross multiple service providers
- The use case cut accross multiple areas of life like smart cities, smart home, healthcare and many more
- It supports creation of dapps
- it is open source
- It is traded on major exchanges like kucoin and binance
Cons
- The project is still new so a little can be said about its prospects
Pros
- Open Source: The project is open source on GitHub, so you can always follow the development of the project
- Security: The platform is extremely secured
- Scalable: Fantom is very scalable
- Faster: Fantom promises and currently runs transactions within 2 seconds
- Cheaper: The transaction fee on fantom is about $0.0000001
Cons
- The platform is relatively new
- Fantom does not have a wide range of adoption yet
Pros
- It makes it easy for developers to create decentralized applications through its open source.
- It combines three technologies on a single platform to provide users with fast and secure transactions.
- It allows the exchange of digital assets in a wide range of recognized exchange houses.
- Their transactions are low cost.
Cons
- Being a cryptocurrency it is subject to the volatility of the crypto market.
Pros
- It is a good project so staining great technical support, and modern designs for the Artificial Intelligence consensus.
- It permits to develop, build, and create new sources to the open protocols available on it. They are all designed with excellent APIs.
- It is a good partner for data improvements and management. It provides technical support, but also solutions for real-life commerce through digital ecosystems.
- It permits users to start the process through the staking stage with simple steps. After that, they can integrate the support to many blockchains.
- It is supported by a wide diversity of projects around the world.
- The platform has a competitive, concise content that holds all sections available in the page.
Cons
- It was totally released a couple of months ago. So some of their services are still waiting to be experienced and assessed.
- It has unique features that are really a reinvention of old projects with higher outcomes.
Pros
- In terms of network features, it is much stronger than Bitcoin (of course, Bitcoin is the first blockchain network, and it is natural that new networks have upgraded different sections)
Cons
- It currently ranks 168th in the CMC, which in my opinion means that although it has very good features, it is still not up to par with the top currencies.
Pros
- Instant payments and transactions in the most effective way currently possible.
- Virtual Machine on their Opera platform from where developers can build and run dApps because of the network’s smart contract capability.
- It also allows cross-chain asset interoperability by building bridges that ensure seamless swapping from one chain to another.
- The team has set a first throughput target at 20.000 - 25.000 transactions per second.
Cons
- It faces big competition in the DAG space, such as IOTA. More will follow when this technology proves to be an improvement to current blockchains.
Pros
- Excellent team with lots of experience, clear roadmap
- Good product, gain a lot of investment
- Good community, the team always cares about the community
Cons
- FTM's price is losing against ico's price
Pros
- Compatible with new AI technologies and smart cities.
- Handling large data with improved speed.
- Development of the project with constant information through the different media.
- Supports smart contracts.
Cons
- Relatively new project
- It has a large number of competitors, from NANO to ETH.
- Your network has not yet been launched.
Pros
- understandable road map and idea of this project.
Cons
- The project doesn't provide anything new for the industry. I mean a real breakthrough here.
Pros
- Present a good team of professionals in front of the project
- He currently presents various associations with distinguished organizations
- Scalable solution to other stagnant projects with more liquidity in the market
- It does not depend on a network of miners for transaction confirmation in its network
- First to admit smart contracts through Dag technology
Cons
- Several competitors in the market, can break the project
- The platform token shows high market volatility
Pros
- Fantom is a DAG(Directed Acyclic Graph) based smart contract platform that intends to solve the scalability issues of existing public distributed ledger technologies.
- The FANTOM platform adopts a protocol “Lachesis Protocol” to maintain consensus. This protocol is intended to be integrated into the Fantom OPERA Chain. The aim is to allow applications built on top of the FANTOM OPERA Chain to enjoy instant transactions and near zero transaction costs for all users.
- • Nodes do not need to be aware of the existence of all other nodes in the network when joining the network
- • Uses Lamport timestamps to achieve topographical ordering of event blocks
- Token Fantom can be used for staking with a validator node: To secure the network in return for block and transaction rewards.
- Paying transaction fees with FTM
- Each token holder is able to vote on on-chain governance proposals:
- The FTM token is currently listed on severalexchanges
- Fantom has a wallet available on iOS and Android.
Cons
- Fantom token continues to search for its cryptomarket space. The competition is big with hundreds of other tokens. After a good appreciation in the middle of this year, the currency depreciated strongly again. It generates little investor confidence.
