Fantom surges 52% following network upgrade
Dubbed “Go-Opera,” the latest upgrade to Fantom introduces a range of technical changes. The token of smart contract platform Fantom, FTM, was subject to a 52% price increase leading into Thursday morning following the successful implementation of a new network upgrade.Dubbed “Go-Opera,” the latest upgrade to Fantom introduces a range of technical changes that, according to a recent explainer by the Fantom Foundation, makes the network faster, more efficient and more reliable.The upgrade was announced as completed at 5:42 a.m. (UTC+1) on Thursday. It was two hours later before the FTM coin....
Related News
Fantom, a relatively new platform in the blockchain industry has been making headlines recently due to its recent surge in price and revolutionary network speed and performance. The platform has undeniably been gaining traction and widespread support since the launch of their last upgrade set to improve transaction speeds that were already unparalleled by its […]
RenVM’s latest upgrade includes support for Fantom’s blockchain, bringing popular crypto-assets BTC, BCH, DGB, DOGE, FIL, Zcash and LUNA to Fantom’s ultra-fast, low fee DeFi ecosystem. Fantom users enjoy significantly reduced transaction wait times and greatly decreased transaction fees. But unfortunately, users holding native assets on the other major blockchains don’t have that ability, until […]
On September 24, 2021, the Fantom Foundation announced the launch of a new non-fungible token (NFT) marketplace that aims to compete with the myriad of NFT markets out there today. The market dubbed Artion is an NFT marketplace built on the Fantom network and claims to bolster “0% commissions, with the near-zero transaction costs.” Fantom Reveals Beta Version of the NFT Marketplace Artion A new NFT marketplace has been announced by the Fantom Foundation following the billions of dollars worth of NFT sales stemming from veteran NFT markets that leverage the Ethereum (ETH)....
With the rollout of Go-Opera, the most significant network upgrade yet, Fantom’s blockchain technology can now execute transactions in less than a second, with industry best transaction fees. Blockchain technology has typically suffered with incredibly slow transaction speeds and very high transaction fees. Fortunately, a new generation of blockchain platforms has arrived, and a key […]
On October 27, the Fantom Foundation announced a collaboration with the security and analysis platform Dedaub in order to bolster Fantom’s decentralized finance (defi) ecosystem. Dedaub’s monitoring system called Watchdog will monitor smart contracts on the Fantom blockchain for exploits and buggy code. Fantom Looks to Curb Defi Exploits With Watchdog Monitoring System The Fantom blockchain aims to protect its defi ecosystem with a new automated smart contract surveillance system called Watchdog, according to a blog post published on Thursday. Fantom is a layer one (L1) EVM-compatible....