Speed: Fantom boasts a processing speed of around 2,000 transactions per second (TPS) with near-instant finality. This makes it significantly faster compared to other blockchains.
Security: Fantom utilizes a Proof of Stake (PoS) consensus mechanism, which ensures network security while being energy efficient.
Scalability: Unlike some blockchains that rely on layer 2 solutions for scalability, Fantom achieves this through its unique asynchronous Byzantine Fault Tolerant (aBFT) consensus mechanism. This enables the network to handle an increasing number of transactions without compromising speed or security.
Low Fees: Transaction fees on the Fantom network are extremely low, making it an attractive option for users and developers.
On-Chain Governance: FTM token holders have the right to participate in network governance by voting on proposals that shape the future of Fantom.
Market Overview
Price: $0.9.
Market Cap: ~$2.5 billion
