Fantom (FTM) is a blockchain platform and its native token that works with a DAG-based distributed ledger consensus using principles called aBFT and provides a secure virtual machine for smart contracts. Fantom (FTM) aims to add a new dimension to smart contracts by using the Lachesis protocol with its main system called DAG. Nodes within the Fantom coin blockchain do not need to be aware of the presence of other nodes in the network while they join the network. The Fantom (FTM) network uses timestamps called Lamport to obtain topographic sequences of event blocks.
Fantom coin has a general framework called Lachesis that is based on DAG to create scalable and distributed systems. ONLAY, which was developed by the Fantom (FTM) developer team and stands out as a consensus protocol based on the Lachesis framework, also provides fault tolerance called "Byzantine Fault Tolerance", which works as if one third of the network participants at risk are present. One of the main focuses of Fantom (FTM) is the creation of a fast network and a reliable network for transactions.
FTM, the local token of the Fantom blockchain network, is predicted to have certain functions. These functions are:
The FTM stake process, which stands out as one of the most important transactions to be carried out with FTM coin, is based on the principle of securing the network in return for block and transaction reward. Nodes earn FTM coin rewards within the Fantom network, ranked according to their transaction confirmation speed. Using the FTM coin, users can pay the fees arising from the transfer transactions on the network, and the flow on the network can be achieved using the FTM token. Every token owner running the in-network validator nodes called "Validator Node" and / or staking their FTM tokens on a node can vote using FTM token to change the main structure of the network, block rewards and various system parameters.
Fantom (FTM) is listed in ICRYPEX Crypto Exchange. In order to perform FTM buy and sell transactions:
Fantom (FTM) is listed on the ICRYPEX Crypto Exchange for the first time in Turkey. ICRYPEX allows you a quick and secure Fantom trading with its 24/7 Customer Representatives appointed to every user and its daily and weekly analysis support.