Fantom (FTM)   ---   #52   ---   [$0.327]

{crypto rank & price from CoinMarketCap on 5/30/23}

Fantom (FTM) is a Layer-1 blockchain that uses a scratch-built consensus mechanism & independent consensus layer, Lachesis, to facilitate DeFi & related services on the basis of smart contracts.

The long-playing mission of the project is to “grant compatibility between all transaction bodies around the world.”

Fantom (FTM) stands out amongst other Altcoins with its strong performance & efficient transaction processing, (namely thousands of transactions per second, where transactions are settled in 1-2 seconds, & the cost is fractions of a cent per transaction). As a result, Fantom (FTM) provides higher scalability but at a lower cost.

Fantom is an open-source decentralized smart contract platform for DApps & digital assets that was created as an alternative to Ethereum (ETH). The goal of FTM is overcoming the limitations of previous generation blockchains & balancing 3 components: (scalability, security, decentralization). The project offers a set of tools to simplify the process of integrating existing DApps, as well as a detailed staking reward system & built-in DeFi instruments.

Fantom (FTM) is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.

FTM solves problems associated with smart-contract platforms, (specifically transaction speed), [which developers say they have reduced to under two seconds].

The ecosystem is based on two main technologies: Lachesis protocol and Opera:

==  The Lachesis protocol is the core consensus layer that secures the Fantom network by providing both transaction speed & security.

==  Opera is an application development layer or Fantom's mainnet deployment platform, permissionless & open-source hosting DApps. (Thanks to EVM integration & support for the Solidity programming language), Fantom has a full set of smart contract capabilities, allowing users to seamlessly interact with Ethereum platforms while maintaining the advantage of Fantom's transaction efficiency.

The Fantom Foundation concluded that removing block leaders improves network security, so Opera uses a PoS model & leaderless validators (validators do not determine which blocks are valid).

In addition to being a fast, secure, & cheap payment platform that enables fast & secure payments at minimal cost; Fantom also features on-chain governance where users vote with FTM tokens (one token equals one vote). [Of the features: users have the right to express the degree of agreement / disagreement on a scale from 0 to 4].

FTM is the native utility in-house PoS token of Fantom that powers the ecosystem & is applied for payments, network fees, staking, & governance. FTM forms the backbone of transactions, & it allows fee collection & staking activities, along with the user rewards the latter represents.

Crypto Micro-Earning Sites to Earn Fantom (FTM) Crypto:

1)  Dutchy:

https://autofaucet.dutchycorp.space/?r=CarCar1001

SITE DESCRIPTION:     This site offers the most crypto options by far to claim from, more than any other site I've found! There are over 60 different kinds of crypto to claim, (and Dutchy occasionally adds new tokens so make sure to check from time to time). Claim by either running AutoFaucet or by trading/swapping the Dutchy Tokens u earned by completing offers or won in 1 of the handful of daily/weekly/monthly contests & giveaways!

This site also doubles as a Micro-Wallet & Exchange, where you can purchase crypto or trade small amts. of coins, (this is how I found this site the most useful, as I describe how a few paragraphs below).

WAYS TO EARN:     You earn by rolling the faucet every 30min., viewing PTC ads, taking surveys, completing shortlinks, or completing other offers available to earn. There are also multiple contests & giveaways to get coins for free such as, random coin rains every hr., daily/weekly/monthly contests for things, & occasionally other random/promotional opportunities to earn! 

I've found that the quickest way to earn from this site is by completing surveys & taking advantage of any promotional claiming boosts offered for the week. Claiming from the coin of the month faucet every 30min. is also a good way to stock up on a coin quickly.

I found these sites to be an interesting resource tool for beginners interested in learning about crypto/Altcoin projects, & using Blockchain addresses/crypto wallets, & understand the volatile crypto market. I used these sites to gain hands-on experience managing crypto & to help me learn what investment strategies I prefer & earn me the most with my investment style.

Another useful tool I found is CoinMarketCap. You can use this site to create a portfolio of all your crypto assets & track you profits/losses n trades.

CoinMarketCap:

https://coinmarketcap.com/invite?ref=SIGYL2BX

{I hope you guys will find these sites just as helpful as I, to offer you a useful resource tool to help further ur self-education regarding the new & quickly growing Cryptocurrency technology!}