Andrew Musk added new Platform
Blockchain technology enables consensus without a central authority but struggles with real-time settlement and scalability, limiting its widespread adoption. Platforms like Bitcoin and Ethereum confirm transactions one block at a time, resulting in slow confirmation times. Newer platforms like Cardano and EOS show promise, yet public Distributed Ledgers remain underutilized. To tackle these challenges, the FANTOM (FTM) platform employs a Directed Acyclic Graph (DAG) model with the Lachesis Protocol, aiming for instant transactions and minimal costs on its OPERA Chain.
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