Fantom is a Directed Acyclic Graph (DAG) based Smart Contract platform.
- What is Fantom Opera Chain?
Opera is the implementation of Fantom’s Lachesis Consensus protocol with full Ethereum Virtual Machine (EVM) support. This means users have the ability to run smart contracts on top of a DAG-based, asynchronous Byzantine Fault Tolerance (aBFT). The real benefit is lower time-to-finality (the time it takes to confirm transactions) and a higher rate of transactions-per-second than synchronous networks such as Ethereum.
- How was Fantom launched?
Fantom completed it’s ICO in June 2018. Since then, we have focused a lot on the research and development of an aBFT consensus engine called “Lachesis”, and use cases for it. Two platforms we have created with it have been the Xar Network for Defi applications, and the Opera Chain, for smart contract support.
- Who is the Team behind Fantom?
The team has a strong technical background in networking, distributed systems, and application development, as well as strong marketing and experience in Finance. The current team can be found here.