Fantom price gains 100% after launching a 370M FTM incentive program
Cointelegraph
Published Aug 30, 2021 05:35PM ET
Updated Aug 30, 2021 07:20PM ET
The Ethereum (ETH) network continues to enjoy the status of being the top smart contract platform in the blockchain industry, but the competition is slowly gaining market share because high costs and network congestion are still challenges for the protocol.
One project that has been gaining traction in the month of August is Fantom (FTM), a layer-one smart contract platform that utilizes a directed acyclic graph architecture as a means to solving the problems of slow transaction speeds and high transaction fees.
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Written By: Cointelegraph
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