What is Opera Mainnet (Fantom)?

Opera Mainnet (Fantom) is a decentralized blockchain founded in December 2019 by the Fantom Foundation. Fantom Foundation is a non-profit organization focused on blockchain research and development.

Fantom is an open, permissionless framework that allows everyone to get involved in the network through staking and governance.

Fantom uses its native token, FTM, for staking, on-chain governance, and platform fees. FTM is a utility token that can be used for various purposes, such as paying transaction fees, participating in voting, and earning incentives from the network.

Why is Fantom Attractive?

Fantom offers various advantages for users who want to use blockchain. You can find out below:

Speed and efficiency

Opera Mainnet has a very fast transaction finalization time, which is around 1 second. This means that transactions on this blockchain do not need to wait for confirmation repeatedly like on other blockchains.

Apart from that, transaction fees on this blockchain are also very low, namely around 0.00001 FTM per transaction. This makes it especially suitable for applications that require fast and cheap transactions, such as DeFi, gaming, and NFTs.

Security and decentralization

Fantom's Blockchain has a consensus mechanism that is resistant to attack and manipulation. Lachesis Consensus (consensus algorithm used by Opera Mainnet) it has no leader or central authority that can be compromised or attacked.

Additionally, the Fantom blockchain has a network of validators spread across the globe. This ensures that the network remains decentralized and not dependent on a single entity or location. Validators must also deposit FTM tokens as collateral to maintain network integrity.

Compatibility and flexibility

Opera Mainnet supports Ethereum Virtual Machine (EVM). This means that developers can easily transfer their applications from Ethereum to Opera Mainnet (Fantom) without needing to change the code.

This blockchain also supports the Fantom Virtual Machine (FVM), which is a new virtual machine designed specifically for Opera Mainnet (Fantom). FVM offers additional features that improve the performance and functionality of applications on Opera Mainnet (Fantom).

How to Join Opera Mainnet (Fantom)?

To join Opera Mainnet (Fantom), you only need to follow these steps:

Visit the Opera Mainnet (Fantom) website at opera.fantom.network and click the “Connect Wallet” button in the top right corner.
Select the crypto wallet you use, such as MetaMask, Coinbase Wallet, or WalletConnect, and follow the instructions to connect it to Opera Mainnet (Fantom).
Once your wallet is connected, you can start using Opera Mainnet (Fantom) for various purposes, such as staking, governance, or interacting with applications.

Conclusion

Opera Mainnet (Fantom) is an innovative blockchain that offers high speed, security and decentralization. If you are interested in joining Opera Mainnet, you can visit the website and start using FTM.

That's the article about Opera Mainnet. Hopefully it's useful, OK!

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