Fantom (FTM)

$0.009417 (-0.58%)

CMC# Market Cap (USD) Volume (24hr) Circulating Supply NVTS Change (7d) Change (24h) Savings Per 1K
163 $17,078,800.00 $2,797,750.00 1,813,660,000 FTM 86 -0.58% -1.9% $0.05

Exchange Pair Volume (24h) Price
Binance FTM/BTC 244,800.00 0.0000011100
Binance FTM/USDT 80,072.00 0.0094700000
KuCoin FTM/BTC 67,042.00 0.0000011000
Binance FTM/BNB 7,337.61 0.0005460000
Binance DEX FTM-A64/BNB 171.25 0.0005482800
KuCoin FTM/ETH 3,665.33 0.0000578000
BitMax FTM/BTC 26,352.00 0.0000011070
Probit FTM/USDT 11,998.38 0.0094200000
BitMax FTM/USDT 27,008.00 0.0093750000
MXC FTM/USDT 148,086.00 0.0094170000
MXC FTM/ETH 137,465.00 0.0000575790
Hotbit FTM/BTC 255,780.00 0.0000011100
Hotbit FTM/ETH 89,616.00 0.0000574400
Coinone FTM/KRW 87,788.00 10.8000000000
Omgfin FTM/ETH 1,113.30 0.0000574200
Probit FTM/KRW 15,465.45 10.9000000000
Bilaxy FTM/ETH 494,886.00 0.0000574000
Bibox FTM/ETH 376,099.00 0.0000570600
Digifinex FTM/BTC 67,309.00 0.0000010700
Bibox FTM/BTC 47,238.00 0.0000011000
Omgfin FTM/USDT 628.85 0.0094770000
Omgfin FTM/UQC 403.03 0.0309960000
OKEx FTM/USDT 658.43 0.0096000000
Omgfin FTM/BTC 1,398.83 0.0000011100
Bibox FTM/USDT 32,875.00 0.0093000000
Coinpark FTM/USDT 11,153.49 0.0110210000
Coinfinit FTM/KRW 6,511.47 8,850.0000000000
Bitcratic FTM/ETH 0.66 0.1000000000
Idex FTM/ETH 268.83 0.0000560000
Gate.io FTM/USDT 32.36 0.0096240000
YoBit FTM/BTC 1.00 0.0000012400
YoBit FTM/RUR 1.11 0.4600000000
YoBit FTM/ETH 0.02 0.0000700000
Gate.io FTM/ETH 26.40 0.0000572900
OKEx FTM/USDK 11.92 0.0099000000
CoinAll FTM/BTC 13.86 0.0000009400
AirSwap FTM/ETH 2.34 0.0000523900
YoBit FTM/DOGE 3.79 4.5314979400
YoBit FTM/USD 0.45 0.0044898000

Background

The Fantom Foundation is building a new model of maintaining consensus utilizing a Directed Acyclic Graph (DAG). The proposed consensus mechanism can theoretically achieve higher throughput than existing blockchains without compromising security or decentralization. This protocol is intended to be built on the Fantom OPERA Chain to allow applications to achieve instant transactions and near zero-transaction fees. The foundation strives to apply this technology in real world use cases such as foodtech, supply chain management, payment, and smart city programs across the world. In May 2019, Fantom announced that they will be working with Binance Chain to improve interoperability through the creation of a multi asset and cross chain ecosystem, supporting a multitude of tokens including the ERC-20 standard, the native Fantom token standard, and the BEP-2 token standard coined on Binance Chain.

Technology

The Fantom OPERA Chain has three layers the Core Layer which processes transactions at scale, the OPERA Ware layer which supports Smart Contract functionality and the OPERA application layer to provide support for third party applications The OPERA Chain utilizes the Lachesis protocol which looks to create potentially infinite scalability with hundreds of thousands of transactions per second by adopting a method where a single event block verifies the previous transaction, and transactions are verified and processed asynchronously without needing approval from miners. Event blocks store information that include multiple data packages which contain transactions, Smart Contracts, historical information, reputation management and rewards. The event block that can connect a supra-majority (greater than two thirds) among event blocks will be appointed as the Clotho and utilized for the appointment of Atropos and for the consensus of other event blocks. The Atropos constitutes the main chain and is utilized in the consensus of other event blocks. Fantom OPERA Chain intends to use a high-level Scala-based functional programming language that compiles to smart contract bytecode on the Fantom Network. Scala has a large community of users and is known to be comparatively easy to learn. It was developed to remove the inconvenience of Java and allows developers to write organized and clean code. Scala provides both object-oriented and functional coding paradigms.



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