What is FTM
Fantom (FTM) is a highly scalable directed acylic graph (DAG) blockchain network and smart contract platform utilizing the proprietary Lachesis Asynchronous Byzantine Fault Tolerance (aBFT) consensus mechanism to process transactions faster and cheaper than legacy blockchain networks within a permissionless, decentralized, modular, and secure execution environment. Lachesis powers Fantom’s Opera mainnet deployment, a decentralized application (DApp) development environment compatible with the Ethereum Virtual Machine (EVM). Fantom utilizes a Leaderless Proof-of-Stake (PoS) validation mechanism to achieve high speed block finality without relying on validators to decide which blocks are valid.
