Phantom Opera is a decentralized blockchain platform designed to provide a secure and fast environment for building decentralized applications (dapps). This platform leverages the ABFT consensus algorithm to ensure fast finality and security. With its leaderless proof of stake mechanism, Phantom Opera removes the risk of congestion or long confirmation times.
What is Phantom Opera?
Phantom Opera is a decentralized blockchain platform that provides a secure and fast environment for building decentralized applications. It is fully permissionless and open source, and powered by the ABFT consensus algorithm. This algorithm leverages its speed and fast finality, making it ready for real-world applications with no risk of congestion or long confirmation times.
Compatibility with Ethereum Virtual Machine
The Phantom Opera mainnet is fully compatible with the Ethereum Virtual Machine (EVM), allowing developers to write, deploy, and run smart contracts on top of a faster consensus mechanism. The platform provides full smart contract support through Solidity, making it easy for developers to create and launch dapps.
Staking on Phantom Opera
Phantom Opera's leaderless proof of stake mechanism increases the security of the network substantially. Users can stake on Phantom Opera with a minimum of 1 FTM, and if they have a strong technical background, they can run a validator node with at least 1 million FTM.
Acquiring Phantom Opera FTM
Phantom Opera FTM can be acquired on some exchanges, including Binance, Cool Coin, and others. Alternatively, users can swap the ERC20 version using the provided link.
About the Phantom Foundation
The Phantom Foundation is dedicated to building the infrastructure for a more democratic and efficient future. The team is made up of engineers, scientists, researchers, designers, and entrepreneurs who share the same vision. With a team that includes a mix of experienced professionals with PhDs, the Phantom Foundation is well positioned to bring their vision to life.
In conclusion, Phantom Opera is a decentralized platform that offers a secure and fast environment for building decentralized applications. With its compatibility with the Ethereum Virtual Machine, leaderless proof of stake mechanism, and a strong team, Phantom Opera is well positioned to revolutionize the world of decentralized applications.