KuCoin is extremely proud to announce yet another great project coming to our trading platform. Fantom (FTM) is now available on KuCoin. Supported trading pairs include FTM/BTC and FTM/ETH.
Please take note of the following schedule:
Fantom (FTM) Deposits Effective Immediately
Fantom (FTM) Buying order: 17:30 November 6, 2018 (UTC+8)
Fantom (FTM) Selling order: 18:00 November 6, 2018 (UTC+8)
Fantom (FTM) Withdrawal: 20:00 November 6, 2018 (UTC+8)
Fantom (FTM) Introduction:
The mission of FANTOM is to provide compatibility between all transaction bodies around the world and create an ecosystem which allows real-time transactions and data sharing with low cost. It is the world’s first DAG based smart contract platform that solves the issue of scalability and confirmation time of the existing blockchain technology.
Fantom’s Solutions to Blockchain’s Issues
Directed Acyclic Graphs are data structures that many believe may hold the answer. They can be used in a similar capacity as the blockchain, but with some very interesting distinctions. If the blockchain is a deck of cards all stacked one on top of the other, then DAGs have the cards organized to play a game of Pyramid. This arrangement of data allows much higher potential for scalability and transaction speeds than could ever be achieved with blockchain technology.
Korean based Fantom is one company that has big plans to apply DAG tech to revolutionize cryptocurrency. Moreover, they just may do it. Dr. Ahn Byung Ik, the CEO of Fantom, was not alone in his dream to see cryptocurrency expand its role in day to day life. However, he and his team have created a means to make this a reality.
The Future with Fantom
The issues of scalability and speed aren’t going away, and Fantom’s solution to these problems along with their network of partners separates them from the pack. As they continue to release updates and interact with the community leading up to the 2019 mainnet launch, we will be able to watch Fantom’s progress and development. They are an exciting project and definitely worth following.
Fantom (FTM) Official Website
Fantom (FTM) Whitepaper
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology.
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