Cryptocurrency Q&A
What is FTM coin?
What is FTM coin?
Valeria
Tue Nov 19 2024
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7 answers
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FTM coin, also known as Fantom coin, is a cryptocurrency that serves as the native token of the Fantom network. It was launched in 2018 and is designed to provide interoperability and scalability solutions for different blockchain platforms. FTM coin aims to address the limitations of previous blockchain generations and offers a high-performance, secure, and scalable EVM-compatible smart contract network.
7 answers
ShintoBlessing
Thu Nov 21 2024
Users can stake FTM tokens to participate in the network's consensus process.
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BlockchainWizardGuard
Thu Nov 21 2024
Fantom operates as a smart-contract platform.
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Nicola
Thu Nov 21 2024
The main objective of Fantom is to address scalability issues faced by other blockchain networks.
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KatanaGlory
Thu Nov 21 2024
The Lachesis consensus mechanism is the key innovation behind Fantom's approach.
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MatthewThomas
Thu Nov 21 2024
FTM serves as the native digital currency within the Fantom ecosystem.
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