3 Altcoins To Double Your Money- Fantom (FTM), ZKSwap (ZKS), Fantom (FTM)
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Fantom is a high-performance, scalable, and secure smart-contract platform. It is designed to overcome the limitations of previous generation blockchain platforms. Fantom is permissionless, decentralized, and open-source.
Usually, DeFi platforms are blockchain-based networks that provide a series of functions for their users. In this case, Fantom is not a blockchain, rather a network of blockchains that allows users can to build their blockchains with scalability, speed, and effectiveness.
In essence, Fantom is the first DAG-based Layer-1 blockchain and smart contract platform that offers several functions for DeFi users. Among them are minting, trading, lending, borrowing digital assets, staking, and much more. The platform also offers solutions for the typical issues regarding blockchain, like scalability and confirmation time.
https://www.coinspeaker.com/guides/what-is-fantom-ftm/
What is Avalanche
Built using a groundbreaking consensus protocol, Avalanche — previously abbreviated as Ava or AVA — is the first smart contracts platform that confirms transactions in under one second, supports the entirety of the Ethereum development toolkit, and enables millions of full block producers.
Just during the testnet, Avalanche observed a record 1,000+ block producers from independent parties across the globe, even surpassing testnets from some of the most highly anticipated networks and most of the major active mainnets. Avalanche also boasts one of the most egalitarian token distribution plans in the space, with less than 14% of mainnet tokens issued to private investors and almost 70% issued to people building on the ecosystem.
https://info.avax.network/#about
Why Avalanche?
Developers who build on Avalanche can easily create powerful, reliable, and secure applications and custom blockchain networks with complex rulesets or build on existing private or public subnets.
https://www.avalabs.org/why-avalanche
Although the new DEX model spearheaded by Uniswap has achieved significant development, it still has obvious drawbacks. First, a high gas fee of dozens of dollars per transaction hinders new users to entry; second, every transaction and every execution needs to wait for at least one block to confirm, which gives an unsatisfactory experience; and third, subject to the limiting TPS of Ethereum, Uniswap has a clear bottleneck in transaction numbers and transaction capacity per second. Those drawbacks are not unique to Uniswap. They are common issues faced by all DEXes.
ZK-Rollup is a new type of Layer-2 scalability solution. Compared with other Layer-2 scalability solutions such as Plasma, ZK-Rollups have considerable advantages in terms of security, cost, TPS, and usability. It is especially suitable for building a Layer-2 decentralized exchange.
ZKSwap (a ZK-Rollups-based Swap protocol) is a brand-new exchange protocol based on ZK-Rollups technology. Through Zk-Rollups technology, all ERC20 tokens are transferred to Layer2, and the consistent state of Layer1 and Layer2 is guaranteed based on continuously generated zero-knowledge proofs. This solution allows all exchanges to execute on Layer 2, achieving real-time swap with zero gas fees, unlimited scalability, removing the constraint from the Ethereum’s TPS, and block confirmation time. The user no longer has to wait for the one-block confirmation time for each transaction.
https://medium.com/zkswap/zkswap-whitepaper-a-layer-2-token-swap-protocol-based-on-zk-rollup-113671ef3e6d
#FantomFTM
#AvalancheAVAX
#ZKSwap
intro (00:00)
What is Fantom (FTM) (00:43)
Fantom Price (02:58)
What is Avalanche (AVAX) (04:04)
What is ZKSwap (ZKS) (06:47)
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