Why is FTM gaining increasing attention in the DeFi industry?

FTM (Fantom) has become one of the most notable blockchain projects in recent years. It has entered the competition with leading smart contract platforms like Ethereum, with clear advantages. Let’s take a look at what FTM Fantom is and why it’s worth following from an investment perspective.

The core of Fantom is solving persistent issues

While most blockchain networks face challenges such as latency, high fees, and scalability difficulties, FTM Fantom offers a different approach. This platform is a permissionless (Permissionless) network designed to operate quickly, accurately, and securely for decentralized applications.

Fantom’s system is highly flexible. Developers can create and deploy their own independent networks while still benefiting from the speed, security, and stability of the main network. This modular architecture allows Ethereum developers to efficiently run their applications on FTM.

Where did Fantom originate?

In 2019, the Opera Chain network was launched, an open-source blockchain powering Fantom. This project was created as a serious alternative to Ethereum Mainnet. Korean engineer Dr. Ahn Byung Ik is the founder, with a vision to solve the Blockchain Trilemma—balancing security, scalability, and decentralization.

Currently, Michael Kong serves as CEO, leading an experienced management team. Andre Cronje, a well-known figure in DeFi, continues to assist with technical development and platform expansion. The team is diverse and skilled across various blockchain technology fields.

What makes FTM so fast – Lachesis Consensus

The main feature of Fantom is the Lachesis consensus mechanism, which uses Asynchronous Byzantine Fault Tolerant (aBFT) Proof-of-Stake (PoS) to connect different networks.

Speed: Transferring FTM across the network takes just 1 second, compared to Ethereum which requires multiple block confirmations. This is a revolutionary achievement.

Leaderless: Unlike traditional PoS systems that rely on validators, Lachesis has no leader, making the network more secure and resistant to malicious actors or errors.

Fault Tolerance: Network nodes can reach consensus even if some are malfunctioning, supporting over 100 nodes working together.

What can you do with FTM tokens?

FTM Coin, the primary digital asset of the system, has multiple uses:

Staking and earning rewards: Holders can lock tokens to validate transactions and earn FTM rewards.

Governance: FTM holders can vote on key decisions affecting the platform’s future.

Payment method: Send FTM across networks quickly and at low cost, suitable for real-world transactions.

Network fees: Use FTM to pay for transaction fees and smart contract deployments.

Types of FTM tokens you might encounter

FTM exists in various versions:

• FTM Opera: The main token on Fantom’s Opera chain, used for fees, staking, and governance.
• ERC-20: Ethereum version, enabling trading and lending on Ethereum DeFi protocols.
• BEP-20: Binance Chain version, convenient for transactions on Binance DEX.

Core features of Fantom

Modularity: Fantom’s architecture is flexible and customizable, suitable for various use cases.

Scalability: Each dApp runs on its own independent network. Congestion in one app does not affect others.

Open-source: Anyone can run nodes and modify Fantom’s code. Most code is available on Github.

Security: Lachesis Consensus balances speed, security, and decentralization.

Why is Fantom valuable?

Fantom is recognized because it effectively solves real problems. This network isn’t just talk—it has actual projects in use.

Growing ecosystem: Dozens of projects have deployed dApps on Fantom, including 1Inch for cross-chain swaps, SushiSwap—one of the largest DEXs—NFT projects like BitGem and Bitlootbox, and services like Travala that accept digital assets.

Performance: Transactions confirm in 1 second, with low costs and system stability.

Compatibility: Ethereum developers can port their applications to Fantom because it supports Solidity smart contracts.

Key points to know

Advantages:

• Excellent scalability with 100+ nodes
• Fast – 1 second per transaction
• Secure and decentralized
• Supports independent sidechains
• Low transaction costs

Limitations:

• Still relatively new compared to major options
• FTM staking is limited to the Fantom network; cannot stake on other platforms

Should you invest in FTM?

Based on fundamentals, FTM is one of the promising long-term investment coins. The Fantom blockchain addresses real issues, has active projects, and a capable team.

If you’re looking for a solid project with a developed, successful ecosystem, the FTM Fantom network is worth following and considering adding to your portfolio.