In its latest announcement, the Fantom Foundation noted: We're extremely grateful to Andre for all he did for crypto as a whole. There are 40+ people working at Fantom." The Fantom Foundation's Twitter account goes on to add . The Fantom Foundation got together with our team and brainstormed a few ideas that would benefit the SPIRIT token's resilience, and bring some governance to SpiritSwap. Read docs " Research papers Read our technical papers and latest research essays. The Fantom Foundation has issued a statement to address what it termed as "factual inaccuracies" from Rekt regarding the exit of superstar developers Andre Cronje and Anton Nell from the decentralized finance and crypto ecosystem as a whole.. A new token model that allows governance and utility via inSPIRIT. Below are the key properties of Lachesis algorithm: Asynchronous: Participants have the freedom to process commands at different times. February 10th, 2020 — Ethereum Classic Labs (ETClabs) has announced a collaboration with The Fantom Foundation, the non-profit behind Fantom, the open-source, modular platform for DLT products . Today the team working for the Fantom Foundation includes members from all around the world, including Europe and South Africa as well as Asia and Australia, using Slack, Telegram, and conference calls to coordinate. Currently, the platform's CEO is Michael Kong. The. On Fantom, your delegated FTM gives you sFTM, a synthetic asset you can use within the Fantom DeFi ecosystem. Links. Fantom Safe. The Fantom Foundation pointed to its large team to minimize the impact of Cronje's move. Fantom Fomo is the same team as Matic Fomo. Its price is $1.23 per token, showing a rise of 3.51% within 24 hours. The foundation explained that Conje's contribution to crypto had been immense but that Fantom was not a "one-man team" meaning that the exit of a single dev . Our Lachesis. Lachesis consensus algorithm: is asynchronous , leaderless, Byzantine Fault-Tolerant, to achieve instant transaction finality. I believe they are on the right technology path, and I have no doubts that they will continue to succeed." Fantom is a global blockchain platform designed for instant transactions with low costs and is revolutionising the user experience. The digital exchange aims to allocate more resources to fast-growing blockchain and crypto firms. This is the first shiba coin on Fantom and could go to 100s of millions in Marketcap Value in the future. A new token model that allows governance and utility via inSPIRIT. The team behind Fantom has extensive experience primarily in the field of full-stack blockchain development, and aimed to create a smart contract platform which privileges scalability, decentralization and security. inSPIRIT is the answer! ️ At the beginning of the year, more and more people are starting to invest with the hope of getting big profits. Fantom has 177 repositories available. Blocknative adds support for Fantom blockchain to provide users with real-time tooling. The team effort is what allowed Fantom to become one of the most utilized and loved decentralized networks in world. Fantom Foundation, the not-for-profit behind the advancement of high-performance blockchain Fantom (FTM) and related dApps, put out an announcement to make things clear before the abdication of Andre Cronje. Team members: Over the past several years, The Fantom Foundation, founded by South Korean computer scientist Dr. Ahn Byung lk, has grown to include a global team of experienced blockchain developers, engineers, scientists, researchers, designers, and entrepreneurs who share a collective vision, led by their current CEO Michael Kong. FAQ. TOKENOMICS: 5% to LP. Fantom The core of the new internet Global http://fantom.foundation contact@fantom.foundation Verified Overview Repositories Packages People Projects Popular repositories go-lachesis Public aBFT consensus for permission-less networks Go 195 61 go-opera Public Opera blockchain protocol secured by the Lachesis consensus algorithm Go 136 83 Together with them we want to bring this new technology closer to the fans by presenting its capabilities. New York, NY, Oct. 25, 2021 (GLOBE NEWSWIRE) -- For those not already in the know, Artion is a newly launched NFT platform built by the Fantom Foundation, the team behind the . — Fantom Foundation (@FantomFDN) March 6, 2022. Fantom Foundation @FantomFDN 59m 59 . Someone please tell me why Tomb Finance isn't doomed to fail. Based on the Foundation's experiments, the consensus engine could process up to 10,000 transactions per second, without taking into account the . There was 6million matic in the contract yesterday and it was going strong and poof. They just rug pulled the Matic Fomo project. As people hurried to withdraw their cash, Fantom Network GAS surged to 10,000 gwei. Technology. To participate, validator nodes need to hold a minimum of 3,175,000 FTM, and stakers need to lock up their FTM. Transaction Fees. What is FTM used for? Facebook Twitter Linkedin Reddit E-Mail Telegram. Team. The MangaMon team aspires to provide users a smooth experience playing games and that is why MangaMon chose Fantom to be the entrusted blockchain for the MangaMon Game Ecosystem. SHARES. They . The Fantom Foundation was founded by South Korean computer scientist Dr. Ahn Byung Ik. There are 40+ people . However, Fantom isn't and never was a one man team. Currently, the platform's CEO is Michael Kong. 02/14/2022. The project originally issued a supply of 3.175 billion Fantom coins. inSPIRIT is the answer! At the conclusion of April 1, Snowcat DAO will return as the branding of SCAT! Big things are coming, as scheduled. The team behind the groundbreaking Fantom blockchain, the Fantom Foundation, has announced that the Fireblocks digital asset custody, transfer, and settlement platform has added support for the . Learn more For developers Build your decentralized applications or deploy your own blockchain on Fantom. Fantom has now become an Official Team Partner to Scuderia Alpha Tauri, or simply Alpha Tauri, for the Formula One™ 2021 season. - The Fantom Foundation team. fantom-mobile-app Public. We describe Fantom, a framework for asynchronous distributed systems. However, the overall records for Fantom are still impressively high. Fantom is a consensus-as-a-service (CaaS) platform for the next generation of distributed ledgers.The team behind Fantom has created a consensus mechanism which is asynchronous and byzantine fault-tolerant (aBFT) by design, meaning it can function in adverse and loosely connected networks. Fantom's technology development is continuing as normal. The FTM reassured that they are not a one-man team and they will not be impacted by Andre's decision. Holding a similar high-tech driven philosophy to Motorsport that regularly . Securing the network The main utility of the FTM token on Fantom is to secure the network via a Proof-of-Stake system. We're extremely grateful to Andre for all he did for crypto as a whole. The Fantom Foundation has issued a statement to address what it termed as "factual inaccuracies" from Rekt regarding the exit of superstar developers Andre Cronje and Anton Nell from the decentralized finance and crypto ecosystem as a whole.. 5% For marketing! "We are very honored to team up with Fantom and wish to help more developers realize their potential," said Shaun Scovil, the General . Kong said Andre Cronje, who sat on the Fantom Foundation board until only a few days ago, operated "just one protocol" on the FTM blockchain . Fantom Foundation had been quick to respond and address these concerns, assuring the community that the departure would not adversely harm the development of the project in any way. The company received funding from some of the world's leading investors. Via: fantom.foundation. Opera blockchain protocol secured by the Lachesis consensus algorithm - GitHub - Fantom-foundation/go-opera: Opera blockchain protocol secured by the Lachesis consensus algorithm Andre was an Advisor within the Fantom team and has decided to leave crypto and decentralized finance space. FTM is used for securing the network through staking, for governance, for payments, and for fees. We are building scalable and secure blockchain solutions for people and enterprises. The MangaMon team aspires to provide users a smooth experience playing games and that is why MangaMon chose Fantom to be the entrusted blockchain for the MangaMon Game Ecosystem. Deploy a smart contract with Foundry and Chainstack. Overview. Learn how DLT technology can increase efficiency Explore use cases for your industry However, Fantom isn't and never was a one man team. Welcome to the Fantom Weekly Discussion! Proof of Stake. April Fool's! The Fantom Opera mainnet has served more than 200M transactions with a daily growth of more than 1M transactions (source: ftmscan.com, updated: 24/Feb/2022).Check our papers and technical reports here. However, Fantom isn't and never was a one man team. The Fantom Foundation quickly addressed the community's concerns, assuring them that the exit of the developers would have no negative impact on the project's growth. You can request testnet FTM here: "We are very honored to team up with Fantom and wish to help more developers realize their potential," said Shaun Scovil, the General . — Fantom Foundation (@FantomFDN) March 6, 2022. I can't even join the discord because the twitter invite link has expired so I'm posting here. . The Fantom mainnet, called Opera, launched in December 2019. Our team is made up of engineers, scientists, researchers, designers, and entrepreneurs who share the same vision. Fantom is a high-performance, scalable, customizable, and secure smart-contract platform. Follow their code on GitHub. Fantom Finance. The FANTOM Foundation Team Connector of the World, Beyond Blockchain Authoring "Connector", a book about connecting different parts of the world in not only human societies but also in. They will do the same to you. Fantom Foundation responds. Fragmented upgrades of the FVM will be rolling out from Q2 of this year, the team added. The team behind Fantom has extensive experience primarily in the field of full-stack blockchain development, and aimed to create a smart contract platform which privileges scalability, decentralization and . Fantom is a fast and scalable next-gen Layer-1 platform. Blog. The Fantom Foundation is dedicated to building the infrastructure for a more democratic and efficient future. " Documentation Our extensive documentation will guide you when building on Fantom. Founded in 2014, Poloniex offers trading services in different digital currencies. However, Fantom Foundation, yesterday, tried to clear the confusion over Andre Cronje and Anton Nell's decision. Contact - Fantom Get in touch See how you can solve your real-world problems using Fantom blockchain technology. Fantom Weekly Discussion - Week of Apr 04, 2022. However, Fantom isn't and never was a one man team. Please join us tomorrow, April 2, for the Snowcat DAO buybacks, beginning at 8pm GMT! According to the official statement shared by Fantom Foundation on its blog, there was a lot of "miscommunication" after media outlets started to spin the narrative of Andre Cronje's decision to leave DeFi segment. In a statement shared by the Fantom Foundation on social media, Cronje said that while he decided to move away from the Defi space, the "Fantom team has been honorable throughout my engagement with them" and he believes they are on the "right technology path, and I have no doubts that they will continue to succeed." He described the developers at Multichain, which accounts for 68% [$4.9 billion] of Fantom's current total value locked (TVL), as a "great team" with whom he "keeps close contact". There are 40+ people working at Fantom. Join us at https://t.co/k8PHnp6jie He was also quoted as saying; "Although I've made the decision to . 41. Technology Intro to Fantom Stake on Fantom FTM token The organization behind the popular Layer 1 blockchain released a statement Friday, addressing several factual inaccuracies published in a since-removed article from crypto news site rekt. Powered By GitBook. FTM is the primary token of the Fantom ecosystem. Team. The digital exchange aims to allocate more resources to fast-growing blockchain and crypto firms. Distributed. Foundation CEO Michael Kong addressed investor concerns in a tweet earlier today as prices fell. Powered By GitBook. We're extremely grateful to Andre for all he did for crypto as a whole. Fantom is permissionless, decentralized,and open-source. We hope you enjoyed it! This project looks somewhat original so I'm doing a bit of research on it by reading the whitepaper. Analyze & Query Fantom dApps with Dapp Query. So Tomb is supposed to be pegged to FTM at a 1:1 rate. JavaScript MIT 14 13 8 15 Updated 15 days ago. This was announced ahead of the Monaco Grand Prix classic . Feel free to use this thread to introduce yourself, ask quick questions or to share your thoughts on the latest developments. In its own response tweet, the foundation points out "Fantom isn't and never was a one man team. Lachesis is a break-through aBFT consensus algorithm developed by Fantom. The development of Fantom won't be impacted by Andre's decision. Lachesis aBFT. Made up of a team of dedicated engineers and researchers, the foundation plans to introduce a more scalable, secure, and decentralized infrastructure through Fantom and to support its adoption. The Foundation has not been involved in the creation of any of these 25 projects. Artion. The latest Tweets from Fantom Foundation⚡️ (@Fantom_FTM). Papers. Fantom network, where Anton Nell served as a senior solutions architect for the Fantom Foundation, saw an almost 13% drop in the value of its token FTM the first 24 hours after the announcement, per data from CryptoSlate. The Fantom Foundation, the team behind one of the best performing crypto projects this year, has announced that the industry-leading blockchain data analytics platform Nansen now supports the . "The Fantom ecosystem consists of hundreds of developers building many great applications. Fantom Foundation noted that Conje was not a core dev, so development will continue in his absence. In fact, it is accelerating, with new hires being made. There are 40+ people working at Fantom. Compound your stake You can claim rewards every few hours and compound them for even greater returns on your delegation. Blog. Fantom Foundation released an official statement today to address reports that they felt were misinformation. While the foundation affirmed that Cronje would be leaving the space as noted, it is not out of spite, and the developer has stated to confirm this. — Fantom Foundation (@FantomFDN) March 6, 2022. The Fantom Foundation has evolved into a team of engineers, scientists, researchers, designers, and entrepreneurs who are committed to providing technology that solves the blockchain trilemma of . First, the foundation said that although Cronje has officially stepped away from crypto and defi he has clarified that there was no dispute between him and the team. Fantom Team Originally, Fantom was founded by Dr. Ahn Byung Ik - a South Korean computer scientist, President of the Korea Foodtech Association, and co-founder of the food-tech platform SikSin. Fantom boasts a market cap of over $3 billion. http://www.fantom.foundation/ Industries IT Services and IT Consulting Company size 11-50 employees Headquarters George Town, Cayman Islands Type Nonprofit Founded 2018 Locations Primary 36A Dr. This article was retracted within 1-2 hours of publication. Setting the groundwork for a digital financial system, Fantom focusses heavily on eco-friendly technology and has dramatically reduced the energy consumed in the blockchain process. Contribute to Fantom-foundation/go-evm development by creating an account on GitHub. OV: Validity-based Optimistic Smart Contracts We propose a new programming language that allows concurrent executions of smart contract functions, increasing throughput and efficiency while reducing security concerns. "Rekt" put out a debunked article making many false claims about the Foundation. 3 min read It's been a bit more than a month since we last shared the acquisition of new team members, but we're elated to introduce two new individuals who will be. While the foundation affirmed that Cronje would be leaving the space as noted, it is not out of spite, and the developer has stated to confirm this. Mobile wallet and payments application for Fantom Opera chain. Posted by 3 hours ago. The core of the new internet. Read papers " Run a node Fantom Foundation. Estimate your rewards You stake 156,000 FTM 0 2m Locking it for 365 days min lock max lock Your estimated rewards We're extremely grateful to Andre for all he did for crypto as a whole. Pierre has supported our Fantom project since the early days and we are excited that over the last year also Yuki and the entire Team have promoted the Fantom Foundation. There are 40+ people working at Fantom. Stack-based Ethereum VM implementation in Golang. fMint. Indirectly, this news sheds light on the role that Decentralized Autonomous Organizations (DAOs) can represent in the DeFi environment. Poloniex Announces Collaboration with Fantom Foundation to Boost its Ecosystem Development PANAMA CITY, March 11, 2022--Poloniex, a global cryptocurrency exchange, announced today that it has. 4 min read Fantom team is working around the clock building our groundbreaking technology while also trying to bring mass market adoption into reality. "Although I've decided to move away from crypto and DeFi, the Fantom team has been honorable throughout my engagement with them. Sorry to break the news, but the rebranding of Snowcat to SCAT DAO was an April Fool's joke. However, Fantom isn't and never was a one man team. Fantom (FTM) improvement is proceeding and speeding up as time passes by. According to the Fantom Foundation, Cronje's departure does not affect the project since "Fantom isn't and never was a one-man team." Fantom employs over 40 individuals." https://snowcat.dog/ Cronje's not that deep into projects However, the teams behind several of the projects has tried to clarify matters. Fantom blockchain is a layer-1 platform built on an aBFT consensus protocol, called 'lachesis.' The Fantom Foundation website states that Fantom's "speed, low transaction costs, and high . join and start from yourself to get big profits in the future. Fantom uses Lachesis - a new consensus mechanism to facilitate smart contracts. Founded in 2014, Poloniex offers trading services in different digital currencies. Embed Tweet "Although I've decided to move away from crypto and DeFi, the Fantom team has been honorable throughout my engagement with them. The Fantom Foundation got together with our team and brainstormed a few ideas that would benefit the SPIRIT token's resilience, and bring some governance to SpiritSwap. Lachesis aBFT. Its total value is $100 million. The Foundation is currently led by chief CEO and chief information officer (CIO) Michael Kong, along with a team of engineers, scientists and designers with experience in full-stack blockchain development. We're happy to answer questions and introduce you to Fantom. The company received funding from some of the world's leading investors. According to the official statement shared by Fantom Foundation on its blog, there was a lot of "miscommunication" after media outlets started to spin the narrative of Andre Cronje's decision to leave DeFi segment. "Although I've decided to move away from crypto and DeFi, the Fantom team has been honorable throughout my engagement with them. This consensus algorithm, Lachesis, is compatible with . Therefore, the Fantom Foundation has devised the Fantom Virtual Machine to solve these performance issues. Node Providers. FTM Coin's total outstanding supply is capped. Be warned! The Fantom Foundation is looking to set the record straight on recent rumors circulating the crypto space. Fantom is a fast and scalable next-gen Layer-1 platform. The platform is designed as a next generation of blockchain platform to address several limitations of existing blockchain platforms. Deprecated in favour of Fantom-PWA-Wallet. The Fantom Foundation pointed to its large team to minimize the impact of Cronje's move. Close. Testnet Faucet. Please take note of the rules in the sidebar and remember to stay civil and polite when commenting. The team effort is what allowed Fantom to become one of the most utilized and loved decentralized networks in world. 7. 5% Rewards Related News. It is working alongside the University of Sydney and Yonsei University on the project. 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