Fantom Review, Rating, and Architecture

The architecture of Fantom

Fantom is a modular design that allows for total customization of blockchain networks in terms of digital assets, with dynamic qualities that change depending on the use case. It is a parent network that hosts and manages a variety of dynamic dApps through its architecture and ecosystem.

With aBFT and the PoS consensus method, Fantom's operational efficiency remains high but security grows exponentially. It comprises several fundamental components, including:

• Opera's fantom mainnet

• FTM token

• fUSD stablecoin

• fSwap trading platform

• fLend liquidity pool

Fantom's consensus algorithm

Fantom adds an extra layer of security to the blockchain network by using a leaderless Proof-of-Stake consensus method. Its Asynchronous BFT consensus, dubbed Lachesis, has the ability to scale to multiple nodes worldwide in an open and permissionless environment with a high level of decentralisation. It does not operate according to delegated Proof-of-Stake and has no idea of a masternode on the network.

Fantom's main characteristics

Network open source

Encourages participation in ope-participation

Has a stablecoin that is network-based: fUSD

Capable of smart contracts

fLend has a liquidity pool.

High scalability modular architecture based on aBFT consensus

Fantom's creator

Mr. Michael Kong

Fantom's common Use Cases

• SpookySwap DEX

• ParaSwap DEX

• ChainPort Cross-chain bridge

• Xpollinate Cross-chain bridge

Check Fantom Review and Rating to learn more about Fantom Blockchain on Scortik.