Fantom
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Fantom is a scalable blockchain platform designed for decentralized applications (DApps) and smart contracts. It uses a unique proof of stake consensus mechanism called Lachesis, which enables near-instant finality and high transaction throughput. Fantom aims to solve the scalability and latency challenges of blockchain technology, making it ideal for various applications such as DeFi, NFTs, and enterprise solutions. It is recognized for its dedication to providing a robust infrastructure for Web3 innovations, allowing developers to create efficient and decentralized solutions on the platform.
History
Founded in 2018, headquartered in George Town, Cayman Islands.
Sources
https://www.linkedin.com/company/fantom-foundation/about/