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

6,307 Views · Posted 5 years ago
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
https://fantom.foundation/
Fantom Telegram
https://t.me/Fantom_English
Fantom Wallets (Testnet)
https://wallets.fantom.foundation/

Technical Documentation
https://fantom.foundation/contents/data/2018files/10/TP_arXiv_v51.pdf
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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