Fantom (FTM)

$0.01194 (-6.22%)

CMC# Market Cap (USD) Volume (24hr) Circulating Supply NVTS Change (7d) Change (24h) Savings Per 1K
128 $21,654,900.00 $3,124,720.00 1,813,660,000 FTM 89 -6.22% 4.01% $0.74

Exchange Pair Volume (24h) Price
Binance FTM/BTC 764,754.00 0.0000016700
Binance FTM/USDT 162,772.00 0.0118200000
KuCoin FTM/BTC 57,579.00 0.0000016700
KuCoin FTM/ETH 43,609.00 0.0000836000
Binance FTM/BNB 28,919.00 0.0008230000
Probit FTM/USDT 30,944.00 0.0118200000
Binance FTM/USDC 1,395.47 0.0118000000
MXC FTM/USDT 237,929.00 0.0118965000
MXC FTM/ETH 124,129.00 0.0000842590
BitMax FTM/BTC 140,760.00 0.0000016690
BitMax FTM/USDT 150,362.00 0.0119760000
Hotbit FTM/ETH 139,100.00 0.0000848500
Coinone FTM/KRW 69,948.00 13.8000000000
Binance DEX FTM-A64/BNB 134.24 0.0008234300
Omgfin FTM/USDT 887.39 0.0118220000
Omgfin FTM/ETH 1,451.16 0.0000837500
Probit FTM/KRW 27,634.00 13.8000000000
Omgfin FTM/BTC 2,087.76 0.0000016700
Gate.io FTM/USDT 221.90 0.0120000000
Omgfin FTM/UQC 424.63 0.1177010000
Bilaxy FTM/ETH 632,990.00 0.0000832000
Hotbit FTM/BTC 228,446.00 0.0000017000
Digifinex FTM/BTC 204,743.00 0.0000016600
Bibox FTM/BTC 58,895.00 0.0000016800
Bibox FTM/ETH 47,807.00 0.0000839700
Bibox FTM/USDT 11,812.88 0.0120000000
Idex FTM/ETH 989.71 0.0000862500
OKEx FTM/USDT 1,369.56 0.0119000000
Coinpark FTM/USDT 12,111.74 0.0105270000
Coinfinit FTM/KRW 1,206.59 5,750.0000000000
YoBit FTM/BTC 8.03 0.0000016600
YoBit FTM/DOGE 0.85 9.8980000000
OKEx FTM/USDK 6.26 0.0116000000
Eterbase FTM/EBASE 0.00 0.0122000000
AirSwap FTM/ETH 14.86 0.0000816100
YoBit FTM/WAVES 0.00 0.0380000000
OKEx Korea FTM/USDT 0.00 0.0119000000
CoinAll FTM/BTC 0.00 0.0000016000
YoBit FTM/ETH 0.00 0.0002591100
Beaxy FTM/BTC 0.00 0.0000090000

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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