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What is Fantom?

A groundbreaking platform presents infinite opportunities. Fantom is a high-capacity, open-source smart contract network that is optimized for digital assets and decentralized applications. Utilizing a cutting-edge aBFT consensus mechanism, Fantom guarantees impressive speed, security, and reliability. Users experience almost instant transactions with incredibly low fees. Transactions on the Fantom network are completed within mere seconds, incurring minimal costs of just a fraction of a cent. Validator nodes create a decentralized, trustless, and leaderless Proof-of-Stake framework that operates globally. With the capability to manage thousands of transactions per second, Fantom can effortlessly scale to support a multitude of nodes. Furthermore, Fantom offers full compatibility with the Ethereum Virtual Machine (EVM), enabling developers to seamlessly deploy their Ethereum-based dApps on the platform. Its extensive DeFi suite empowers users to mint, trade, lend, and borrow digital assets directly from their wallets. With near-zero fees and rapid transaction speeds, Fantom democratizes access to decentralized finance for all. By redefining standards in the blockchain arena, the platform encourages users to dive into its array of innovative features and utilities. As the ecosystem continues to evolve, it promises to attract a growing community of developers and users alike.

What is Aleph Zero?

Aleph Zero is a public blockchain that emphasizes privacy and guarantees immediate transaction finality, making it particularly suited for enterprise applications, Web 3.0, and decentralized finance (DeFi) use cases. This blockchain employs a proof-of-stake mechanism and integrates a unique aBFT consensus protocol along with a customized substrate stack. Currently, the development team is working on enhancing the platform by implementing a privacy framework that leverages Zero-Knowledge Proofs (ZKPs) and secure Multi-Party Computation (sMPC), offering developers cutting-edge solutions for private smart contracts. In a recent laboratory evaluation, Aleph Zero's consensus mechanism, referred to as AlephBFT, showcased an impressive throughput of 89,600 transactions per second and a confirmation time of just 416 milliseconds, all conducted in a decentralized test environment that included 112 AWS nodes spread across five continents. Nonetheless, it remains to be seen how Aleph Zero will perform in real-world scenarios, especially when faced with high network traffic. The Aleph Zero Consensus Protocol has successfully passed peer review and is set to be published in the proceedings of the 2019 Advances in Financial Technology conference, highlighting its innovation and reliability within the blockchain sector. Looking ahead, future enhancements will prioritize further improvements to both privacy and scalability in order to accommodate the changing needs of users. This ongoing commitment to innovation positions Aleph Zero as a leading contender in the rapidly evolving blockchain landscape.

Media

Media

Integrations Supported

Abracadabra.Money
Base App
Blast
Blockdaemon
CLV Wallet
Covalent
Cryptach
D'CENT Wallet
DxSale
Exponential DeFi
Frax
Gateway.fm
MetaMask
Minimax Finance
Multifarm
NFTScan
Tomb Chain
XDEFI Wallet

Integrations Supported

Abracadabra.Money
Base App
Blast
Blockdaemon
CLV Wallet
Covalent
Cryptach
D'CENT Wallet
DxSale
Exponential DeFi
Frax
Gateway.fm
MetaMask
Minimax Finance
Multifarm
NFTScan
Tomb Chain
XDEFI Wallet

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Fantom Foundation

Date Founded

2018

Company Location

South Korea

Company Website

fantom.foundation/

Company Facts

Organization Name

Aleph Zero

Company Location

Switzerland

Company Website

alephzero.org

Categories and Features

Categories and Features

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