Cryptocurrency Q&A What blockchain does Fantom use?

What blockchain does Fantom use?

BusanBeautyBloom BusanBeautyBloom Fri Sep 20 2024 | 5 answers 875
I'm curious to know, what exactly is the blockchain technology that Fantom utilizes in its operations? Given the diverse landscape of blockchain platforms available, it's essential to understand the specifics of the one employed by Fantom, as it can have significant implications on its performance, scalability, and overall functionality. Is Fantom built on a custom-developed blockchain, or does it leverage an existing, well-established one? And if so, which one? Clarifying this point can help us gain a deeper understanding of the unique strengths and capabilities of the Fantom ecosystem. What blockchain does Fantom use?

5 answers

Andrea Andrea Sun Sep 22 2024
The Fantom Opera blockchain stands as the cornerstone of a revolutionary ecosystem. Designed as an open-source directed acyclic graph network, it offers unparalleled flexibility and scalability.

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Lorenzo Lorenzo Sun Sep 22 2024
One of the key features of the Fantom Opera blockchain is its compatibility with the Ethereum Virtual Machine. This integration allows for the seamless execution of existing smart contracts, ensuring continuity and compatibility across platforms.

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StormGalaxy StormGalaxy Sun Sep 22 2024
Moreover, the Fantom Opera blockchain goes beyond mere compatibility, enabling the development of new contracts tailored to interact seamlessly with Ethereum-based contracts. This functionality opens up a world of possibilities for developers and innovators.

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EtherWhale EtherWhale Sat Sep 21 2024
Among the leading cryptocurrency exchanges, BTCC stands out as a premier platform offering a diverse range of services. From spot trading to futures, BTCC caters to the diverse needs of the digital asset community.

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Andrea Andrea Sat Sep 21 2024
BTCC's wallet service is another testament to its commitment to user convenience and security. The wallet provides a secure and user-friendly platform for storing and managing cryptocurrencies, enhancing the overall experience for traders and investors.

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