Review on Fantom by Pedro O. Alvino M.
A more scalable and faster network
Fantom a more scalable payment alternative system, by largely utilizing the creation of smart contracts and development of Dapps through Dag technology, can succeed in the market despite the constant departures of projects with an identical vision, it could be said That fame has been consolidated to a large extent, and most of all according to various associations with renowned organizations in the field of blockchain, in such a way the Lition project, which in the present year established an association with the Fantastic project in a way strategic and technical, in which it consists of integrating the Lition privacy chain into the fantasy network to provide additional security and privacy to the network.
The fantasom ecosystem has a similar operation to Nano and IOTA, so that the network transaction confirmations are required from a previous one, in which it does not depend on a mining network that currently, however the project approach looks for a way to improve the scalability through the issuance of smart contracts and development of Dapps through Dag technology, in such a way that its network architecture based on Opera chain has drawn attention to the market.
Opera chain consists of three layers that establish the operation of the network based on the first Corey Layer layer that deals with the issuance of transactions, to the extent that it allows more than 300,000 transactions to be issued per second. Its second layer that handles smart contracts and other functions and the third layer that provides support for third-party applications.
Its consensus algorithm known as Lachesis (LCA) that for me under consideration is impossible to generate attacks on the network, in such a way that it uses a data control system between the existing blocks, that is, it maintains an arbitrary data distribution between the blocks called blocks of events that cannot be modified, avoiding attacks on the network, so that if it is intended to saturate the network, the flooding of nodes will occur, since a method similar to the delegated participation test will be used, which is responsible of identifying an incorrect node in the Opera chain ecosystem.
Without a doubt, it also has a future to project its roadmap for 2020, it could be said that it is an improved version of Nano, but the truth will have much to prove since in the next year you could see the new version of the Ethereum network and a possibility of entering the pound project, such is the case that it will not be easy.
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
