FTM Coin price Prediction – The Phantom Coin project and its future – Review and Chart 2022
FTM Coin Price Prediction 2024
FTM Coin It is among the crypto coins traded on stock exchanges. FTM Coin comments and analysis, which are carefully followed by stock market investors, attract great attention. You can follow us and benefit from the information here.
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Phantom, which draws attention in the crypto money market with its project, attracts the attention of investors. As UzmanCoin , we tried to answer questions such as FTM Coin , where to buy it, the project about FTM Coin , which is on the agenda with instant price movements.
FTM Coin ?< /strong>
FTM Coin is the most frequently searched word because of price movements. To answer this question, FTM Coin , Fantom’s native utility token, uses the Proof of Stake consensus and has a structure that powers the entire Fantom blockchain ecosystem. FTM tokens are used for staking, management, payments and fees on the network. As of March 2021, there is a total supply of 3.175 billion FTM Coin s, of which 2.5 billion are in circulation. The rest will be distributed as Phantom stake rewards. FTM is available as a native mainnet token, as an ERC-20 in the Ethereum ecosystem, as a BEP-20 token on the Solana blockchain and in the Binance ecosystem.
FTM Coin
Phantom Project?
a phantom project is one of the questions that crypto money investors wonder.
It is also one of many blockchain networks created to provide an alternative to Ethereum.
The Phantom blockchain mainnet went live in December 2019, and its network architecture provides a stable balance of scalability, security, and decentralization, making it the Blockchain Trilemma. or to provide a viable solution.
Like other Ethereum alternatives, Fantom aims to provide greater scalability and lower cost than the legacy first-moving smart contract platform Ethereum could provide. A unique element of the Fantom crypto platform is that users can create and deploy their own independent networks rather than relying solely on Fantom’s main consensus layer. Every application built on Phantom runs on its own unique blockchain. While each Fantom dApp runs on its own blockchain, it also benefits from the security, speed and precision of the main Fantom blockchain. Also, standalone blockchains are modular in nature, which allows developers to configure them according to their own project’s use case.
FTM Coin project
How Phantom Project Works
Fantom runs on a “leaderless” PoS consensus mechanism called Lachesis, which secures the Fantom network and provides both transaction speed and security.
This means that transactions are confirmed and finalized in just a few seconds, without the need to wait for the tedious block confirmation as in Proof-of-Work (PoW) networks. By avoiding the relatively long block validation process, this aBFT system is much faster and more scalable than most of its Byzantine Fault Tolerant (BFT) counterparts.
The phantom network is best made from individual subnets hosting dApps of all shapes and sizes. conceptualized as a supernet. Fantom’s infrastructure is interconnected with the Asynchronous Byzantine Fault Tolerant (aBFT) Proof of Stake (PoS) consensus mechanism that maintains the operational efficiency of the entire network. The aBFT mesh fabric is designed to maintain network security while maximizing speed.
How FTM Coin works
Whose is FTM Coin ?
In 2018, Dr. Founded by Ahn Byung Ik and colleagues working together in Australia, Phantom is CEO Michale Kong and headquartered in South Korea.
How Much Was FTM Coin When It Was First Released?
FTM Coin
, with an ICO price of $0.0400, was at this price when it first came out, but later on, it saw the bottom price of $0.001953 over time, and reached the peak price of $3.48 in October 2021.
Where to Buy FTM Coin ?
FTM Coin can be purchased very simply. Binance, KuCoin , Gate.io, FTX, Huobi Global , Gemin, Bitfinex, Bybit, such as giant crypto currency exchanges USDT, BTC, ETH, USD
, EUR, BNB can be bought and sold with trading pairs.