Hereโs the detailed information about the cryptocurrency associated with the number 138:
Fantom (FTM)
Overview: Fantom (FTM) is a high-performance, scalable blockchain platform designed to support decentralized applications (dApps) and enterprise blockchain solutions. It uses a unique consensus mechanism called Lachesis, which is based on Asynchronous Byzantine Fault Tolerance (aBFT), offering high scalability, speed, and low transaction costs. Fantom aims to provide a solution to the limitations of existing blockchain platforms, such as Ethereum, by offering faster and more efficient transactions.
Key Features:
Lachesis Consensus Protocol: Fantomโs Lachesis is a highly scalable, decentralized consensus mechanism that allows for faster and cheaper transactions compared to traditional proof-of-work (PoW) or proof-of-stake (PoS) systems. Unlike other blockchain protocols, Lachesis operates asynchronously, meaning it doesnโt require nodes to be synchronized before validating transactions, allowing for higher throughput and reduced transaction times. Speed and Scalability: Fantom is known for its fast transaction finality. Transactions on the Fantom network are confirmed within 1-2 seconds, significantly faster than many other blockchains. The network can handle thousands of transactions per second (TPS), making it suitable for high-volume applications such as decentralized finance (DeFi), gaming, and supply chain management. Low Fees: One of the main advantages of Fantom is its low transaction costs. The network is designed to keep fees affordable for users, especially when compared to platforms like Ethereum, which often experiences congestion and high gas fees during periods of heavy demand.
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