Fantom FTM Rises 10% on Upcoming Protocol Upgrades

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Fantom FTM Rises 10% on Upcoming Protocol Upgrades

“This technology can potentially help process transactions faster with much smaller memory consumption, thereby improving the network performance,” The Fantom Foundation wrote in a Wednesday blog post. Further, while the Ethereum blockchain requires multiple block confirmations to ensure transactions are secure, Fantom only requires one confirmation, according to the foundation. www.coindesk.com

“This technology can potentially help process transactions faster with much smaller memory consumption, thereby improving the network performance,” The Fantom Foundation wrote in a Wednesday blog post. Further, while the Ethereum blockchain requires multiple block confirmations to ensure transactions are secure, Fantom only requires one confirmation, according to the foundation.

www.coindesk.com