Fantom DAG Explained. This Coin Set To Explode💥 Structure Allows Smart Contracts & Staking


Fantom is the first DAG (Directed Acyclic Graph) based smart contract platform that solves the problems of scalability and confirmation times. Fantom is fast, with TPS reaching 300k by Mainnet launch. Transactions are instant, and final. The structure will allow Fantom to become the backbone for smart cities, as it can handle transaction load & run smart contracts needed in a robust internet of things (IOT) environment. Today, we will be examining how the Fantom DAG structure works including the: Operachain, Lachesis Consensus Algorithm, Lamport Timestamps, Mainchain & More.
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Fantom Website

Fantom Telegram

Fantom Wallets (Testnet)

Technical Documentation

https://fantom.foundation/contents/data/2018files/10/Fantom_Paper_vRelease.pdf

⏰ Time Stamps ⏰
00:08 Introduction: DAGs vs POW vs POS
01:05 General Overview of Fantom &
02:12 The Fantom Lachesis Consensus
02:37 Variation Of The DAG Structure: Operachain
02:51 What Are Event Blocks & How They Operate
03:52 Operchain Allows Time & Ordering of Transactions Through Lamport Timestamps
04:42 What Are Clotho Event Blocks?
05:21 Clotho Event Blocks Choose The Atropos Event Block
05;51 The Fantom Mainchain & What It Does
06:49 Fantom Public Testnet Is Live!
07:09 What The Testnet Contains
07:54 Fantom Coupled In Lachesis Consensus With Ethereum
08:32 Fantom Will Include Staking With Mainnet
08:54 Conclusion

****This Is A Sponsored Video***** Chico Crypto and Fantom have entered into an agreement for a sponsored review of their platform. n exchange for the review, Chico Crypto Received $2800 paid in Ethereum.

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**Disclaimer**
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results.

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30 gedachten over “Fantom DAG Explained. This Coin Set To Explode💥 Structure Allows Smart Contracts & Staking”

  1. Fantom Website

    https://fantom.foundation/

    Fantom Telegram

    https://t.me/Fantom_English

    Fantom Wallets (Testnet)

    https://wallets.fantom.foundation/

    ⏰ Time Stamps ⏰

    00:08 Introduction: DAGs vs POW vs POS

    01:05 General Overview of Fantom &

    02:12 The Fantom Lachesis Consensus

    02:37 Variation Of The DAG Structure: Operachain

    02:51 What Are Event Blocks & How They Operate

    03:52 Operchain Allows Time & Ordering of Transactions Through Lamport Timestamps

    04:42 What Are Clotho Event Blocks?

    05:21 Clotho Event Blocks Choose The Atropos Event Block

    05;51 The Fantom Mainchain & What It Does

    06:49 Fantom Public Testnet Is Live!

    07:09 What The Testnet Contains

    07:54 Fantom Coupled In Lachesis Consensus With Ethereum

    08:32 Fantom Will Include Staking With Mainnet

    08:54 Conclusion

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  2. FantomPay is going to change the world! And they just got a partnership with the government of Dubai. 4x already, lets go 40x!

  3. Seems like sacrificing fungibility/privacy/security for speed like BitcoinCash, Ethereum with future proof of stake and many others. "Smart cities" would rather use regular SQL for the majority of nonpublic data. Interesting chain structure though.. wish them luck.

  4. I’ve been seeing buy volume alerts on multiple exchanges for FTM for the last couple of days. This asset is about to move up.

  5. Rank Name Net worth

    1 Ahmed bin Saeed Al Maktoum $31.7 billion
    The partnership is about to go get ready with this guy
    Fantom can easly go to 1$ . U better dont miss this big sleeping giant coin.

  6. Again a new partnership! This time with Afghanistan!

  7. How is this different from Hedera which already has much greater corporate governance and use cases?

  8. Wish I saw this a year Ago. Lol it's blowing up now

  9. FTM will likely go to $5 in the next year or two. Maybe even by the end of 2021. Current mkt cap is only around 1B. I believe it can get to 100B eventually with a price tag of only $40. That's a nice 60x from here – or about 150 years of bank interest LOL. Quite doable, considering BTC is likely to be 10T in the coming years. Patience ……

  10. When people figure out smart cities are in fact prisons, an entirely unnatural system, controlled by the satanic elite.

  11. I did not know this crypto if only I had known it and invested in July 2020..

  12. Hey , love your channel . I accidentally sent fantom erc 20 tokens to fantom opera to stake and they never showed up in wallet . Am I able to recover them ? Would appreciate your support

  13. Finally after watching so many videos my small brain manage to understand fantom… Very well explained

  14. Is everyone posting here from 3 years ago worth $100MM now?

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