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Paragraph TyQ10o Fantom, founded in 2018, is a Layer 1 project that uses a single consensus layer to support the creation of multiple execution chains.
FTM, the project's native token, is used for payments, governance, and ongoing block rewards sent to validators and delegators who stake FTM.
The network's independent consensus layer, called Lachesis, features a novel consensus mechanism developed by the Fantom Foundation dubbed the "Lachesis Protocol."
Lachesis can provide security to multiple other layers, the first of which is Fantom's EVM-compatible smart contract chain called Opera.
The project's goal is to host an ecosystem of execution layers wh
Paragraph 2 Fantom, founded in 2018, is a Layer 1 project that uses a single consensus layer to support the creation of multiple execution chains.
FTM, the project's native token, is used for payments, governance, and ongoing block rewards sent to validators and delegators who stake FTM.
The network's independent consensus layer, called Lachesis, features a novel consensus mechanism developed by the Fantom Foundation dubbed the "Lachesis Protocol."
Lachesis can provide security to multiple other layers, the first of which is Fantom's EVM-compatible smart contract chain called Opera.
The project's goal is to host an ecosystem of execution layers wh
Paragraph 3 Fantom, founded in 2018, is a Layer 1 project that uses a single consensus layer to support the creation of multiple execution chains.
FTM, the project's native token, is used for payments, governance, and ongoing block rewards sent to validators and delegators who stake FTM.
The network's independent consensus layer, called Lachesis, features a novel consensus mechanism developed by the Fantom Foundation dubbed the "Lachesis Protocol."
Lachesis can provide security to multiple other layers, the first of which is Fantom's EVM-compatible smart contract chain called Opera.
The project's goal is to host an ecosystem of execution layers wh