FTM coin refers to Fantom (FTM), a decentralized cryptocurrency that operates on the Fantom blockchain. Here are some key details about FTM:
- Symbol: FTM
- Name: Fantom
- Blockchain: Fantom (native blockchain)
- Total Supply: 3.2 billion FTM
- Circulating Supply: 2.5 billion FTM (as of September 2024)
- Consensus Algorithm: Proof of Stake (PoS)
- Use Cases:
- Decentralized finance (DeFi) and lending
- Non-fungible tokens (NFTs) and digital art
- Gaming and virtual worlds
- Cross-border payments and remittances
- Benefits:
- Fast and cheap transactions
- High scalability and performance
- Strong focus on security and privacy
- Wide adoption and recognition
- Supports various use cases
Fantom is a decentralized platform that utilizes a unique consensus algorithm called Lachesis, which allows for fast and secure transactions. The platform aims to provide a robust and scalable infrastructure for decentralized applications (dApps) and services.
Some interesting facts about Fantom (FTM) include:
- Fantom has a high transaction throughput, processing up to 300 transactions per second.
- The platform uses a novel consensus algorithm called Lachesis, which is designed for high performance and security.
- Fantom has a strong focus on decentralization and community governance.
- The platform supports various use cases, including DeFi, NFTs, and gaming.
If you have any specific questions or topics related to Fantom (FTM) that you'd like to discuss, I'm here to help!$FTM