Fantom is a high-speed, scalable and secure blockchain technology. The platform embarks on a revolutionary mission to put forward improved and better blockchain solutions so as to fix the shortcomings of existing blockchain platforms. The existing blockchain ecosystems run into the blockchain trilemma wherein they are unable to provide scalability, security, and decentralization simultaneously.
But thanks to Fantom’s underlying advance Asynchronous Byzantine Fault Tolerance (aBFT) based consensus mechanism model, Lachesis, it is now possible to attain scalability, security, and decentralization at the same time. Other blockchain platforms have restricted scalability due to the shared network architecture of their ecosystem. As the number of users grows, the network slows down. To tackle the scalability concern, Fantom has built independent networks or blockchains. As a result, under the support of Lachesis, even with the rise of network load, the network stays robust.
The Lachesis model allows for easy communication between the networks without the compromise of speed and security. The network is made secure with the “leaderless” Proof of Stake (PoS) protocol. With the leaderless protocol, the security is no longer in the hands of a certain number of actors. Additionally, it allows for the avoidance of “Masternodes” altogether. Fantom offers decentralization of substantial magnitude as it can expand to hundreds of nodes.
Fantom issues FTM cryptocurrency, which is its native currency. The investors can delegate as little as one FTM coin to a trusted validator to earn rewards. The longer the FTM is staked, the higher the rewards can be.
Fantom Market Price Prediction 2030
World-recognized online sources brief about prospective facts and figures of crypto prices. A fair few of those expert findings from legitimate websites for market price prediction of Fantom for the year 2030 are mentioned here.
Ico Creed
Ico Creed infers a perpetual escalation in the growth of FTM. The statistics of the Ico Creed reveal the average price of FTM at the start of the year 2030 to be $42.46, with a minimum price of $38.82 and a maximum price of $43.68. Near the end of 2030, the average price jumps to $58.19, with minimum and maximum prices of $56.57 and $68.88, respectively.
Priceprediction.net
The Price Prediction findings signify a blossoming future for Fantom’s coin, FTM. According to Price Predictions’ findings, at the early start of 2030, the FTM price will arrive at a minimum of $29.90, an average of $32.70, and a maximum of $33.64. Coming to the end of the year 2030, the FTM price is gauged to reach the minimum and maximum price values of $43.14 and $53.19, respectively. Its average price level will stand at $44.39 by the 2030s end.
News Bitcoin 247
According to News Bitcoin 247, for the year 2030, the FTM price is subject to a steady increase. It suggests an average price level of up to $41.28. As of 2030, FTM will get as far as $47.45, while its minimum price will end up at $39.80.
Crypto Academy Fantom (FTM) Price Prediction 2030
In view of the facts and figures from the mentioned reliable crypto sources, Fantom shows signs of steady growth with time. As such, on the grounds of the given data, Fantom may likely at its maximum reach around $56.5 or more by the end of 2030. This shows that Fantom can turn out to be a gainful investment in the long run.
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Takeaways
- Fantom is a high-speed, scalable and secure blockchain technology platform that strives to overcome the blockchain trilemma of either speed, security, or decentralization through its aBFT based consensus mechanism model, Lachesis.
- The native cryptocurrency of Fantom is FTM. The investors can delegate as little as one FTM coin to a trusted validator to earn rewards.
- The technical AI-driven analysis and prediction of FTM from authentic sources show a rise in Fantom’s prospective price.
- FTM can exceed $30 by 2030.