CryptoProphet
Thu May 23 2024
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7 answers
1599
Is FTM a layer 1 coin?
Could you please clarify for me if FTM qualifies as a layer 1 coin? I'm trying to understand its position in the cryptocurrency hierarchy, and it seems that this classification is quite important. Layer 1 coins typically refer to those that operate on their own independent blockchain, so I'm wondering if FTM meets this criterion. Could you elaborate on this point and perhaps provide some additional context or features that make FTM unique or similar to other layer 1 coins? Thank you for your assistance in clarifying this matter.
