What is Fantom Fantom FTM Blockchain amp Lachesis Consensus Explained

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=WSAHRc2CqD0

➤SUBSCRIBE FOR MORE CONTENT ➤ / @universityofcrypto • 💹 TRY HYPERLIQUID PLATFORM ➤ https://app.hyperliquid.xyz/join/CRYP... • 💹 START TRADING ON WOOFI ➤ https://pro.woofi.com/en/trade?ref=CR... • This video answers the questions: What is Fantom? How does Fantom work? What is Lachesis Proof of Stake Consensus? - Fantom FTM crypto blockchain will be explained, and its Lachesis PoS Consensus Mechanism. • Timestamps: • 0:00 Introduction • 0:25 What is Fantom? • 1:07 How exactly does Fantom work? • 1:35 Features of Lachesis Consensus Mechanism • 2:15 What problems is Fantom trying to solve? • 3:13 What are the core innovations of Fantom? • 4:30 Video end • Fantom (FTM) is a blockchain that supports smart contracts and is fueled by its own FTM token. In December 2019, Fantom launched their mainnet after raising $40 million. Its blockchain is inexpensive and quick, and it demonstrated in 2021 that it could sustain a decentralized finance (DeFi) sector of its own. • A directed acyclic graph (DAG), which shows blockchain transaction histories as a network of blockchain hashes, is one way the Fantom blockchain gets its speed. It shares similarities with the technology underlying Hedera Hashgraph. • Lachesis, Fantom's leaderless consensus method, is another breakthrough. The process is known as asynchronous byzantine fault tolerant, or aBFT, proof of stake. Its ability to function flawlessly even in the event that one-third of the transaction data is bogus is a benefit. This implies that Fantom's blockchain nodes don't need to go through a backlog of transactions in order to validate transactions independently—the asynchronous part of aBFT. On Fantom, transactions should clear in just two seconds, compared to many minutes on Ethereum and Bitcoin. • • Not only in this video various crypto topics will be explained. Remember to leave a like, and subscribe to the channel for more materials like this.

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