So what will be the major advantages that #FVM will bring to the Chain?
Here is a brief list of them:
🧵/7
🟦 Compatibility with the Solidity programming language:
Meaning, that dapps from Ethereum will still be easily migrated onto Fantom.
🟦 Parallel processing:
To increase throughput and transaction finality.
🟦 Bytecode-compressed:
This will make storing data more efficient.
All those improvements will make transactions and operations👇
- Faster
- Cheaper (while remaining completely secure).
🧵/9
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).
🧵/10
In this way the network will likely attract new users, devs activity, and institutional investors!
🧵/end
Hope this thread was usefull to give you all a more clear vision of what #FVM really is and what it will bring!
All you need to know about $FTM and why it will moon in 2022:
A Thread 🧵!
1/ FTM is the native cryptocurrency of Fantom, the decentralised finance (DeFi) blockchain solution hosting a range of cross-chain bridges, yield optimisers, NT platforms, and lending and borrowing protocols.Popular DApps supported by the network include Curve Finance and Solidly
2/ There are currently 2.55B FTM tokens in circulation whereas the max supply is 3.175B. The FTM tokens that are currently not in circulation can be earned through staking rewards and validator nodes which have a current APR of 14.15%.
1/ @danielesesta today announced that it's possible to mint $WMEMO on $FTM Chain. How can this be useful for us?
2/ If you invested a long $TIME ago like me and as a good frog you never sold a single $MEMO you probably now have some $MEMO/ $WMEMO on your wallet ready to be used.