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Difference between revisions of "Fantom"
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Fantom’s mainnet deployment—Fantom Opera—is built on Fantom’s consensus mechanism, Lachesis. | Fantom’s mainnet deployment—Fantom Opera—is built on Fantom’s consensus mechanism, Lachesis. | ||
== | == Purpose of the FTM token<ref>https://fantom.foundation/fantom-faq/</ref> == | ||
The FTM token has a number of use cases within the Fantom ecosystem. | The FTM token has a number of use cases within the Fantom ecosystem. | ||
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With FTM as the governance token, validators and delegators can vote on network parameters such as block rewards as well technical committees and so forth. | With FTM as the governance token, validators and delegators can vote on network parameters such as block rewards as well technical committees and so forth. | ||
== | == Lachesis<ref>https://fantom.foundation/lachesis-consensus-algorithm/</ref> == | ||
Lachesis is Fantom’s aBFT consensus algorithm. Simply put, a consensus mechanism is the engine that powers the blockchain. | Lachesis is Fantom’s aBFT consensus algorithm. Simply put, a consensus mechanism is the engine that powers the blockchain. | ||