What Makes Fantom Different
Lachesis: Fantom’s Consensus Algorithm
Fantom's Lachesis consensus algorithm is a unique solution that utilizes a directed acyclic graph (DAG) structure and asynchronous byzantine fault tolerance (aBFT) to provide fast and efficient consensus for blockchain transactions. In short, this technology completes your transactions quickly. Very quickly.
The Opera Network
Opera is Fantom's blockchain mainnet - the infrastructure that hosts all the DApps that operate on the network. The Opera Network is unique in its ability to offer independent blockchains, each with its own modular properties that can be customized for each DApp. Whether it's tokenization, tokenomics, or governance, developers can customize their blockchain configuration to improve performance without compromising the underlying 3 main benefits of Fantom - scalability, security, and decentralization.
Fast & Affordable
The combination of Fantom's Lachesis consensus algorithm and Opera Network infrastructure allows for fast and affordable transactions. Transactions on the Fantom network are confirmed in seconds, compared to a couple of minutes like other L1 blockchains such as Ethereum Mainnet. Additionally, transaction fees on the Fantom network are significantly lower than those on other networks, making it a cost-effective option for both businesses and individuals.