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This video on “What is Fantom?” will take you through all the concepts of Fantom Crypto Network in just 5 mins. In this you will learn what makes Fantom crypto different from other cryptocurrencies like Bitcoin and Ethereum working on Blockchain Technology. It will also help you understand the mechanism of Fantom and how Fantom crypto uses DAG (Directed Acyclic Graph) for its functioning. After watching this video, you will be all aware about what is Fantom crypto.
In this video you will learn:
00:00 What is Fantom?
01:59 How Does Fantom Work?
03:11 Tokenomics of Fantom
04:15 How to Buy Fantom?
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What is Fantom?
Fantom (FTM) is a cryptocurrency that operates on its own blockchain platform. It aims to provide a fast, scalable, and secure infrastructure for decentralized applications (dApps) and smart contracts.
Fantom was designed to address some of the common issues associated with other blockchain platforms such as high transaction fees, slow transaction speeds, and limited scalability. It uses a technology called “Lachesis Protocol,” which enables faster consensus and allows for parallel processing of transactions.
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