FANTOM is a groundbreaking DAG-based Smart Contract platform that seeks to address the scalability issues commonly associated with current public distributed ledger technologies. The project stands out from conventional block ledger-based storage infrastructures by its innovative use of advanced DAG-based protocols.
Lachesis Protocol: The Heart of FANTOM
At the core of the FANTOM platform is the pioneering "Lachesis Protocol" which is crucial in maintaining consensus across the platform. The Lachesis Protocol is designed to be implemented into the Fantom OPERA Chain, the primary aim of which is to facilitate applications constructed atop the FANTOM OPERA Chain. This implementation is expected to result in instant transactions and near-zero transaction costs for all users.
The Mission of FANTOM
One of the key objectives of FANTOM is to ensure compatibility among all transaction bodies globally. The platform is dedicated to crafting an ecosystem that enables real-time transactions and data sharing at a minimal cost. This mission powerfully demonstrates FANTOM's commitment to optimizing efficiency and reducing costs for users worldwide.
FANTOM OPERA Chain: Enabling Speed and Efficiency
As a distinctive feature of the FANTOM platform, the OPERA Chain plays a pivotal role in delivering FANTOM's promises of rapid transactions and negligible transaction costs. This chain represents a significant development in distributed ledger technology, as it allows applications to operate with more speed and efficiency than ever before. As such, the OPERA Chain is a crucial component in the push towards a future where blockchain technology can deliver on its full potential.
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