invested I normally invest in bsc. So can someone explain why fantom will be successful ?
fast, cheap, efficient. Connected everywhere.
BSC is an Ethereum fork, a blockchain which puts block after block after block. Now, you can make those blocks bigger, and you can make it faster to process the blocks, but in the end, you are always limited by this very static and linear build-up of blocks. As DAG, Fantom works differently in its core. It's like, many blocks simultaneously. While FTM feels like BSC (this is due to the support of EVM), under the hood it is completely different. Technically it should be superior ("should be" because blockchain is in an early stage, and there is so much happening, nothing is for certain). Now, from the business side Fantom, as L1, is similar to SOL, ONE, AVAX and all the other ones. And not gonna lie: Some of them are also very good. The market is big, and everybody gets a piece of the pie. What I like on Fantom a lot is (1) that the team actively works with governments and targets CBDC topics; (2) the team incentivized not users to come to the chain but developers, (3) the team continously improves the tech, e.g. soon with a major upgrade, (4) it has a long-term plan in mind (i.e. aggregated DeFi) that might not always be the best thing for short-term traders but is favorable for a long-term investment.
Thanks man! I will add more
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