Fantom

Fantom is a Layer-1 blockchain that employs a custom-built consensus mechanism and an independent consensus layer called Lachesis. It supports DeFi and related services through smart contracts.

Networks Mainnet
Released 2019
Consensus Lachesis aBFT algorithm
Smart contracts Yes
Block time 0.7 seconds
Smart contract language(s) supported Solidity, Vyper
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What makes Fantom blockchain different?

Fantom blockchain stands out with its innovative Lachesis consensus mechanism, effectively addressing scalability challenges faced by other blockchain systems. Unlike traditional blockchains experiencing growth-related bottlenecks, Lachesis employs a novel approach, enhancing scalability and positioning Fantom as a forward-thinking solution in the cryptocurrency space.