Fantom FTM

Coin
Last Update:
19 minutes ago
Price
$0.344 3.61% 24H
173,778.66666667 IRR
Market Volume
254,487,488,015 IRR
1,380,404.0427 FTM
Market Cap
$965,595,046
167,799,819,625,997 IRR
Circulating Supply
2,803,634,836 FTM
Min & Max Price
173,030 IRR
174,682 IRR
Global Volume
$84,097,081
244,178,454 FTM

Description

Fantom, also known as FTM, is a blockchain platform designed for smart contract development and decentralized application (DApp) creation. It aims to provide fast and affordable transactions, high scalability, and interoperability between different blockchains.

History of Fantom:

The Fantom Foundation was founded in 2018 by Ahn Byung Ik, a former software engineer at Samsung. The project started as a fork of Ethereum, but it has since developed its own consensus mechanism and protocol. The mainnet was launched in December 2019.

Fantom Features:

Fantom uses a Directed Acyclic Graph (DAG) consensus mechanism, which enables fast and scalable transactions. DAG allows multiple transactions to occur simultaneously, improving the throughput of the network. It also has a unique feature called "Lachesis" which is a leaderless consensus algorithm that allows for quick and secure confirmation of transactions. Lachesis is designed to be Byzantine fault-tolerant, meaning it can withstand malicious attacks from bad actors.

Fantom supports the Ethereum Virtual Machine (EVM), which allows developers to write smart contracts in Solidity, the most popular programming language for Ethereum. This means that DApps built on Ethereum can easily be ported to Fantom.

Fantom also has a built-in staking mechanism, which incentivizes users to hold and stake FTM tokens. By staking, users can participate in network governance and earn rewards for helping to secure the network.

Fantom Market:

FTM has experienced significant growth since its launch, reaching an all-time high of over $0.90 in May 2021. It currently has a market capitalization of over $4 billion and is listed on major cryptocurrency exchanges such as Binance, Huobi, and Bitfinex.

Fantom Mining and Energy Consumption:

Fantom does not use a traditional proof-of-work (PoW) mining mechanism, as it instead relies on a DAG consensus mechanism. Therefore, the network does not require a significant amount of energy to operate.

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Token Info

Fantom Price: $0.344
Price Change: 3.61% 24H 12.53% 7D

Calculator

Fantom Local Markets in Iran

Source Price %24h %7d Volume (24h) Confidence Liquidity Last Update
Ramzinex 174,320 IRR 3.6% 0% 14,443,440,025 IRR
High
7/10 16 minutes ago
BitPin 173,030 IRR 0.03% 0% 16,641,912,380 IRR
High
7/10 16 minutes ago
Wallex 173,720 IRR 2.81% 11.76% 139,938,512,317 IRR
Medium
6/10 16 minutes ago
Exbito 173,600 IRR 3.39% 0% 54,067,311,371 IRR
Medium
6/10 16 minutes ago
Tabdeal 173,320 IRR 3.3% 0% 28,539,666,769 IRR
Medium
6/10 16 minutes ago
Huluex 174,682 IRR 3.49% 0% 856,645,153 IRR
Medium
5/10 16 minutes ago