What is Fantom? The Fast Blockchain Taking on Ethereum

In brief

  • Fantom is a layer-1 blockchain aiming to provide an alternative to the high costs and low speeds about which users of Ethereum often complain.
  • Fantom runs on a directed acyclic graph blockchain, similar to Hedera Hashgraph.

Use an Ethereum protocol on a particularly congested day and you’ll surely balk at the fees, which can easily surpass the value of your trade if you are, say, swapping crypto worth no more than the change in your pocket. Help is at hand in the form of alternative…


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