Analysis of Fantom and Solidly
- Fantom is a blockchain platform with a unique consensus mechanism called Lachesis that aims to offer consensus-as-a-service for distributed ledgers. Lachesis is compatible with The Ethereum Virtual Machine (EVM)- and seeks to enable builders to easily deploy applications on top of it. The first blockchain built on Lachesis is the Opera Network.
- The Fantom Foundation’s claims to solving the Blockchain Trilemma are unfounded, however, it will be interesting to see how the team can improve the scalability, decentralization, and security of the platform going forward.
- The growth of the Fantom ecosystem over the past year has been very impressive. However, in order to become a top-tier blockchain greater developer activity is...