Thread by @RobotDefi

What is #FVM? [🧵]

A lot of people are talking about the #Fantom Virtual Machine. Most conversations, however, simply state that “it’s the future” or “it’s gonna change the game”

But many still don’t know how or why.

So let’s discuss.

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First, if you haven’t yet, definitely listen to the latest interview from @milesdeutscher with Fantom CEO Michael Kong.



He touches on the topic of what they are trying to achieve.

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Unfortunately this is still a bit ambiguous. So let’s dive in further.

In the interview Michael talks about research done by university students and professors. Well, here is a publication outlining some of the EVM limitations he discusses: arxiv.org/pdf/1910.11143…

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These are the people working on FVM. As you can see they’ve identified a major limitation on EVM with the disproportionate gas fees compared to computation. This is at the virtual environment level.

This is one thing FVM plans to tackle.

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Next you can read notes from the great Andre Cronje himself in the Fantom Foundation GitHub:

github.com/Fantom-foundat…

Here he lists all the other inefficiencies in EVM and how to address them.

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Basically EVM is more expensive in terms of gas than it needs to be.

Also, EVM is “stack-based” requiring “POP” and “PUSH” operations that slow interactions down.

And EVM is limited to 256 bit word length/byte code which makes it slower.

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FVM plans to be “register-based” which eliminates those POP and PUSH operations.

(read more about the difference here: markfaction.wordpress.com/2012/07/15/sta…)

FVM also plans to optimize the gas inefficiencies as well as reduce word length from 256.

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All this in an effort to make transactions and operations faster and cheaper (while remaining completely secure).

But…isn’t #FTM already faster and cheaper?

Yes. But…

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EVM has a number of scaling limitations. Fantom on FVM will be even faster, slightly cheaper, and experience little to no issues when massive congestion occurs.

Essentially FVM looks to REPLACE EVM.

Let that sink in.

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So, while the average user will benefit from a slightly better experience, the scaling efficiency would likely attract massive development and investment (which won’t cause network clog ups).

This will massively grow the ecosystem and probably drive $FTM price/mcap up.

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Anyway, hopefully that gives a little clearer idea of HOW and WHY FVM will be superior and what it can do (and why it’s so important)

Cheers! #ftmfam

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Fellow FTM maxi @DoubleyouW3 …what do you think? 👆