Ethereum vs Fantom

Ethereum emerges as a decentralized, open-source blockchain platform empowering developers to craft and deploy smart contracts alongside dApps. Pioneering the smart contract concept, Ethereum enables self-executing agreements with terms directly encoded into its blockchain, eliminating the need for intermediaries. Additionally, Ethereum serves as a hub for the creation and exchange of NFTs (Non-Fungible Tokens) and various digital assets. Its intrinsic cryptocurrency, Ether (ETH), facilitates network transactions and incentivizes miners to uphold network security. Ethereum's evolution to Ethereum 2.0 introduces a proof-of-stake (PoS) mechanism, aiming to enhance scalability and energy efficiency.

Fantom is a high-performance, scalable, and secure smart contract platform engineered to surpass the constraints of preceding blockchain platforms. Operating as a permissionless, decentralized, and open-source network, Fantom leverages Lachesis, its asynchronous Byzantine Fault Tolerance (aBFT) consensus mechanism. This innovative approach enables Fantom to achieve remarkable speed and affordability compared to older technologies while maintaining exceptional security standards.