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Fantom (FTM) is a decentralized smart contract platform. Fantom stands out particularly for its fast transaction times and low transaction fees. On its network, users can exchange value with each other and execute smart contracts. The technology behind Fantom is designed to provide scalability and efficiency.
Fantom was launched in 2018, and the platform uses a DAG (Directed Acyclic Graph) based consensus algorithm. This is quite effective for speeding up transaction times and increasing scalability. Fantom aims to form a foundation specifically for DeFi (decentralized finance), NFTs, and other smart contract applications. The Fantom Foundation provides resources and support for the development of the project.
The price of Fantom (FTM) is constantly changing. You can follow EgeMoney data to find out the current Fantom (FTM) price.
You can continuously follow the trading volume of Fantom (FTM) with EgeMoney and learn the current situation in cryptocurrency markets.
To buy Fantom (FTM), you can follow these steps:
The circulating supply of Fantom (FTM) refers to the amount of Fantom (FTM) available in the market. This value is currently published by EgeMoney and cryptocurrency tracking websites.
Fantom (FTM) analysis predicts future price changes in the cryptocurrency markets by examining Fantom (FTM) price movements, technical indicators, and fundamental factors. During the analysis, both fundamental analysis and technical analysis methods are used. While technical analysis focuses on predicting future price trends by examining past price movements, fundamental analysis evaluates by analyzing the basic characteristics of Fantom and market conditions.
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A Fantom (FTM) wallet is a digital device or software used to store, send, and receive FTM. Wallets securely store your private keys, providing access to your Fantom (FTM) assets. Wallets come in different types, for example:
Fantom (FTM) doesn't use the traditional concept of 'mining' because its consensus mechanism, Lachesis, is based on a DAG (Directed Acyclic Graph) algorithm. In Fantom, validators approve transactions and create new blocks. To become a validator, a certain amount of FTM tokens must be locked. These validators receive rewards for validating transactions and creating new blocks.
EgeMoney provides real-time Fantom (FTM) price information, helping you to track current prices. This allows you to examine market data and view the price of Fantom (FTM) in dollars or other currencies.
The Fantom (FTM) platform differs from Bitcoin and similar Proof of Work (PoW) based cryptocurrencies in terms of its consensus mechanism and token economy. Therefore, there is no predetermined 'halving' event for this platform. If such a halving event were to occur, it would generally create a dynamic that could trigger a decrease in token supply and, under constant demand conditions, an increase in price. However, on platforms like Fantom that use Proof of Stake (PoS) or DAG-based consensus mechanisms, the effects of a halving event on the market could differ.
Several factors affect the price of Fantom (FTM), including:
To buy Fantom (FTM), you need to register on EgeMoney, deposit money into your account, and then execute the purchase. It is important to choose a reliable cryptocurrency platform like EgeMoney to secure your account.
The Fantom network operates in a decentralized manner, enabling direct money transfers and transactions between users. All nodes in the network work together to ensure security and validate transactions, thus eliminating dependence on the traditional financial system.
EgeMoney is a secure platform that allows you to buy and sell Fantom (FTM) and other cryptocurrencies. You can create an account on EgeMoney, purchase Fantom (FTM) with Turkish Lira, or exchange your other crypto assets for Fantom (FTM).
Fantom (FTM) holds a significant position in the cryptocurrency universe and is recognized by many countries' regulatory authorities. However, cryptocurrency regulations may vary from country to country. Therefore, individuals are advised to carefully review the legal framework of their own countries before trading cryptocurrencies.
Thanks to blockchain technology, Fantom (FTM) allows for secure transactions. The blockchain is a transparent and immutable ledger that records all transactions. This makes Fantom transactions traceable and verifiable. Moreover, complex mathematical algorithms are used to ensure the security of the Fantom network, and the majority nodes in the network maintain the integrity of the network.
Fantom is not managed by any central authority or intermediary institution. This gives users full control and freedom but also increases their responsibilities. Its decentralized structure makes Fantom (FTM) assets more resilient against policies from governments, institutions, or other third parties.