1. How does the Fantom Foundation ensure security?

Fantom Foundation has various security measures, including the Lachesis Consensus process, greater validator participation, Proof of Stake (PoS), and reduced transaction fees.

2. When was the Fantom Foundation founded?

Fantom Foundation was established in 2018.

3. Where is the Fantom Foundation's headquarters located?

The Fantom Foundation is based in South Korea.

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Fantom Foundation

fantom is a highly scalable blockchain platform

About

Company Info

The Fantom Foundation is a platform for digital assets and decentralized applications that includes a high-throughput open-source smart contract. Fantom's Opera smart contract platform provides scalability and a streamlined user experience.

Company Details

Founded: 2018
Headquarters: South Korea

Key Features:

Uses a Directed Acyclic Graph-based mechanism named Lachesis that enables scalability and high transaction speed.
Transactions on Fantom are inexpensive, making them cost-effective for developers and users.
Supports the Ethereum Virtual Machine (EVM), which enables developers to use Ethereum-compatible smart contracts.
FTM is the native coin that can be used to receive incentives and contribute to the network's governance.
Users can connect to Fantom to access hundreds of DeFi, NFT, and GameFi dApps.