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Leveraging the Lachesis Consensus Protocol
Fantom Opera is a Layer 1 blockchain platform that offers fast, secure, and scalable solutions for decentralized applications (DApps) and financial systems. It leverages the Lachesis consensus protocol, a robust and efficient asynchronous Byzantine Fault-Tolerant (aBFT) consensus mechanism, to provide a reliable and high-performance network.
High Transaction Throughput and Low Latency
The Lachesis consensus protocol employed by Fantom Opera enables rapid and parallel processing of transactions, allowing for high transaction throughput and low latency. With an average block time of approximately 1 second, the network can handle a significant number of transactions per second, making it suitable for real-time applications and high-demand use cases.
Seamless Integration of Ethereum Smart Contracts and Projects
Fantom Opera is compatible with the Ethereum Virtual Machine (EVM), meaning it supports the execution of Ethereum smart contracts and offers a seamless migration path for Ethereum projects. This compatibility allows developers to leverage existing Ethereum tools, libraries, and developer resources when building on the Fantom network, making it easier to transition from the Ethereum ecosystem to Fantom.
Quick Settlement and Confirmation of Transactions for Timely Activities
One of the main features of Fantom Opera is its ability to provide fast finality. Transactions on the network achieve finality within seconds, ensuring quick settlement and confirmation of activities. This fast finality is crucial for applications such as decentralized finance (DeFi), where timely and secure transaction processing is essential.
Interoperability with ERC-20 and ERC-721 Tokens
Fantom Opera supports the widely adopted ERC-20 and ERC-721 token standards, enabling developers to integrate existing Ethereum tokens and DApps seamlessly. This interoperability opens up opportunities for cross-chain asset transfers, liquidity sharing, and composability with other Ethereum-compatible networks.
Developer-Friendly Ecosystem
Furthermore, Fantom Opera offers a developer-friendly ecosystem with comprehensive tooling, documentation, and community support. Developers can leverage these resources to build innovative and scalable applications, taking advantage of the network's high throughput and low latency.
Promising Blockchain Solution
With its Lachesis consensus protocol, Ethereum compatibility, fast transaction processing, and developer-friendly ecosystem, Fantom Opera provides a powerful platform for building decentralized applications and financial systems. Its focus on speed, security, and scalability positions Fantom Opera as a promising blockchain solution for various industries, paving the way for the broader adoption of decentralized technologies.
Smart Contracts in Fantom Opera
The following smart contracts are available and ready to be deployed and used in the WPSmartContracts Smart Contracts suite, without the need for coding.
ERC20/BEP20
Vanilla
Standard Gas Saving Token
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ERC20/BEP20
Pistachio
Improved Security Token
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ERC20/BEP20
Chocolate
Advanced Token
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ERC20/BEP20
Macadamia
Reflection Token
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Staking
Ube
Staking Tokens
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Staking
Almond
Advanced Staking Tokens
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Crowdfunding
Mango
Safe Crowdfundings
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ERC-721 NFT
Mochi
Standard ERC-721 NFT
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ERC-721 NFT
Matcha
ERC-721 NFT Marketplace
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ERC-721 NFT
Suika
Advanced ERC-721 NFT Marketplace
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ERC-1155 NFT
Yuzu
Standard ERC-1155 NFT
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ERC-1155 NFT
Azuki
ERC-1155 NFT Advanced Marketplace
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ERC-1155 NFT
Ikasumi
ERC-1155 NFT Advanced Token Marketplace
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ICO
Bubblegum
Initial Coin Offering (ICO)
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Comparison of Blockchain Networks
Explore the technical specifications and main features of various blockchain networks
| Ethereum | Arbitrum | Binance Smart Chain (BSC) | Polygon (Matic) | Avalanche C-Chain | Fantom Opera | |
|---|---|---|---|---|---|---|
| Main Features | Robust ecosystem, widely adopted, extensive developer community | Scalability, lower fees, Ethereum compatibility | Fast and low-cost transactions, Binance ecosystem integration | Scalability, Ethereum compatibility, cross-chain transfers | High throughput, low latency, robust consensus | Fast finality, Ethereum compatibility, high performance |
| Smart Contracts | Ethereum VIrtual Machine | Ethereum VIrtual Machine | Ethereum VIrtual Machine | Ethereum VIrtual Machine | Ethereum VIrtual Machine | Ethereum VIrtual Machine |
| Token Standards | ERC-20, ERC-721, ERC-1155 | ERC-20, ERC-721, ERC-1155 | ERC-20, ERC-721, ERC-1155 | ERC-20, ERC-721, ERC-1155 | ERC-20, ERC-721, ERC-1155 | ERC-20, ERC-721, ERC-1155 |
| Consensus | Proof of Stake (PoS) | Optimistic Rollup (PoA) | DPoS and PoA | Proof of Stake (PoS) | Avalanche consensus (PoS) | Lachesis consensus (aBFT) |
| Average TPS | Varies (15-30 TPS) | Varies (200-4000 TPS) | 15-60 TPS | Varies (up to 7,000 TPS) | Varies (4500+ TPS) | Varies (3000+ TPS) |
| Block Time | Approximately 15 seconds | Varies (approx. 5-15 mins) | 3 seconds | Approximately 2 seconds | Approximately 5 seconds | Approximately 1 second |
| Learn more | Learn more | Learn more | Learn more | Learn more | Learn more |
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Why WP Smart Contracts?
$35,000,000+
Smart Contracts Value Locked
44,800+
WordPress Downloads
2,000+
Mainnet Deployments
13
Smart Contracts Available
6
Different Blockchains
4+
Wallets
