his whitepaper is a technical document that introduces FANTOM, a new DAG-based smart contract platform that aims to address the scalability issues of traditional blockchains. FANTOM utilizes a novel consensus algorithm called Lachesis to achieve near-instantaneous transactions and minimal costs. The paper outlines the architecture of the OPERA Chain, which comprises a core layer for processing transactions and a ware layer that supports smart contracts and applications. The whitepaper also describes the FANTOM (FTM) token, which is used for transactions, rewards, and reputation management within the ecosystem. Furthermore, it presents the team behind FANTOM and its diverse network of investors and partners, including companies in the FoodTech and legal industries.
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