Fantom looking good with DeFi platform on the way (FTM)
Been through multiple cycles. I want to share some thoughts on a project that I believe has the components of a massive winner: Fantom
Do you foresee Ethereum rising to a 100B Market Cap again? (a 4x) Do you envision DeFi and smart contract projects leading the next bullrun?
What about a project that challenges Ethereum at its most core functionality and offering: to be a fast, affordable, scalable platform of trust? A project that could technically replace Ethereum by utilizing the same address system and allowing any Solidity dapp to be ported in less than five minutes.
Because, while Ethereum uses Layer 2 solutions to address bottlenecks, Fantom uses their aBFT Layer 1 consensus (Lachesis) with sub-second finality. Lachesis works UNDER Fantom's Opera, Xar, and other blockchain mainnets, meaning it can be further improved and upgraded over time, SEPARATE from all the complex coding at the blockchain level. And Fantom blockchains have been running on Lachesis since last year and work incredibly well.
(Read their many academically-partnered research papers: fantom.foundation
Try it yourself at supercharge.fantom.rocks
Send 50 confirmed transactions with one click.
Watch how fast it goes. Then realize those transactions are your:
- Solidity dapp's important functions being executed,
- your digital currency payments,
- or the trusted, real-time state of an autonomous car network carrying you through a congested city.
Could a project that has this combination of compatibility, capability, and possibility get to a 1 billion market cap or more? (Just 1% of Ethereum's likely 100B) I don't know, but if so, that's a 66x from today's price.
Fantom ALSO has a suite of DeFi tools going live soon. (fantom.finance)
There's much more at fantom.foundation
There are other great projects, but nothing has me more excited than Fantom right now.