• About
  • Contact
  • Privacy Policy
  • Terms and Conditions
Wednesday, June 18, 2025
The VR Soldier
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
The VR Soldier
No Result
View All Result

Fantom Blockchain Staking Requirements Lowered, FTM Bullish Signals

Jordan Avery by Jordan Avery
January 30, 2024
in Fantom
Reading Time: 3 mins read
0
FTM-FANTOM

#image_title

Share on TwitterShare on Facebook

The Fantom platform consists of several unique components. Fantom Opera is an open-source oriented acyclic graph network that serves as the foundation for the blockchain and can run existing smart contracts and create new contracts that interact with contracts on Ethereum because it is compatible with the Ethereum virtual machine. 

Lachesis verifies Fantom transactions, a leaderless Proof of Stake system that uses an asynchronous Byzantine fault-tolerant consensus mechanism. ABFT validation is a fast and cheap alternative to establishing consensus through Proof of Work or conventional Proof of Stake schemes. ABFT systems can complete transactions in seconds instead of minutes.

Fantom reduces validator requirements by 90% 

As confirmed by the Fantom Foundation, the self-assessment requirement for validators on the Fantom Layer 1 blockchain has been reduced by 90%. Management voted for the change more than six months ago, and the fund recently made the changes, according to the announcement on Jan,15th. 

The foundation explained that the increase in the number of validators makes it more difficult for attackers to attack. Validators in the network work by merging transactions and sharing them with other validators. It is final when at least two-thirds of the network validators reach consensus. As the number of validators increases, the transactions sent reach the validators faster. The foundation assured that the increase in the number of validators will not slow down the Fantom network. Also, the foundation also explained that lower stake requirements do not pose a security risk, as a validator’s ability to confirm transactions is proportional to its stake, not the number of validators it runs. 

Fantom also added that a validator with 1 million FTM stakes will have the same power as twenty smaller validators with 50k FTM stakes each. FTM prices rebounded due to a higher market and recovery from two major breakouts.

Fantom (FTM): One of the Most Anticipated Cryptocurrencies In 2024

Fantom, a highly awaited cryptocurrency, boasts features like instant smart contract settlements with swift confirmation, asynchronous processing, and low user fees (below one cent per transaction). The platform ensures a seamless ecosystem with infinite scalability, promising no downtime. Additionally, it’s open source and prioritizes effective communication with users. Supported by a robust and well-trained team, Fantom is poised for success in the cryptocurrency landscape.

FTM Coin Price Technical Analysis and Prediction 

Experts predict the short-term price for the coin to rise $0.470, but later fall to $0.3655 at the start of February. Technical analysis conducted by the VR Soldier analysts was bearish, with 17 indicators showing bearish signals.

FTM-FANTOM-PRICE-CHART

However, during the day, the uptrend was broken and FTM price traded at $0.387 at the time of writing. Meanwhile, the bulls found support at the 150-day EMA.

At The End

The Fantom Foundation has reduced the self-assessment requirements of validators on its Layer 1 blockchain by 90%. The change was confirmed on January 15, six months after the management vote, and that reflected on the rapid increase of validators. On the other hand, it makes attacks more difficult. 

Tags: Blockchaincryptocurrencycryptocurrency analysisFantomFTMFTM price predictionLachesis consensusSmart contractsvalidator requirements
Previous Post

How To Use Trisolaris DEX on Aurora Network

Next Post

DeFi on NEAR Protocol: Unlimited Projects and Opportunities

Related Posts

Can Sonic Save Fantom from Falling?
Fantom

Fantom Drops Hard Before Token Swap

January 11, 2025
Why Fantom’s Rebranding Could Spark a Massive Rally
Fantom

FTM Could See a Big Price Jump

January 7, 2025
_Fantom Community Sonic Network FTM Migration Blockchain Development Governance Voting Token Migration 1
Fantom

Fantom Foundation’s Community Approves First Sonic Proposal With 99% Support

May 23, 2024
Fantom Foundation, Sonic Network, Layer-1 Blockchain, Ethereum Bridge, Token Migration, Price Surge
Fantom

Fantom Unveils Sonic Network Plans, Will FTM Keep Soaring? 

May 21, 2024
Fantom Surge Network Upgrades Blockchain Development Technical Analysis Crypto Momentum DeFi Future 1
Fantom

Fantom (FTM) Surges 30% on Back of Ecosystem Upgrades and Favorable Market Conditions

May 17, 2024
fantom Sonic, Sonic Labs Future
Fantom

Fantom Ecosystem Flourishes: Gas Monetization Program and Developer Rewards

May 12, 2024

Press Releases

What you will get:  Simple steps to start trading cryptocurrencies like Bitcoin and Ethereum How to choose a reliable crypto exchange with low fees and strong security Key tips to read crypto price charts and manage trading risks How to stay updated with market-moving news and practice safely before investing Introduction Cryptocurrency trading has exploded in popularity as an easy way to earn online. With simple guidance you can start trading Bitcoin Ethereum and other altcoins using your phone or computer. This guide gives clear steps for beginners. What Is Crypto Trading and How Does It Work Crypto trading is buying and selling digital currencies like Bitcoin Ethereum Cardano or Solana to make a profit. You buy when prices are low and sell when they go higher. There are two main trading types: Spot trading: You own actual coins. Derivatives trading: You trade based on price movements without owning coins. Spot trading is perfect for beginners because it’s more straightforward and less risky. Step 1 Choose a Reliable Crypto Exchange Select a trusted crypto exchange. Popular beginner-friendly options: Binance: Low fees and many altcoins Coinbase: Easy for beginners with strong security Kraken: Great support and euro compatibility Bybit: Simple interface with spot and futures Look for: Easy sign up and verification Strong security (2FA, cold storage) Low trading fees and fast euro or fiat deposits Wide selection of coins and high volume Step 2 Learn Crypto Chart Reading Reading price charts will improve your crypto trading success. Key concepts: Trend lines: Overall up or down movements Support levels: Prices where value tends to bounce up Resistance levels: Prices where value tends to slow or reverse Start with basic charts like candlestick charts. Many platforms like Binance and Kraken offer built-in guides. Step 3 Manage Risk and Use Stop Losses Crypto prices are very volatile and can change fast. Protect your investment by: Investing only what you can afford to lose Using stop-loss orders to sell automatically at a set lower price Not risking more than 1–2% of your portfolio on any trade This risk management helps you stay in the game long term. Step 4 Stay Updated with Real-Time Crypto News Crypto markets respond instantly to news. Use reliable sources like Vr Soldier, CoinDesk, CoinTelegraph and The Block. Track: Bitcoin ETF decisions New coin listings on exchanges Regulatory changes Major partnerships and developments Following crypto news helps you predict good entry and exit points. Step 5 Use Demo Accounts to Practice Many exchanges like Binance and Bybit offer demo accounts or testnets. Practice trading with virtual money first. This helps you learn: How orders work Chart reading in real time Trading fees and order types Once you feel confident, move to small real trades. Final Simple Tips for New Crypto Traders Start with well-known coins like Bitcoin Ethereum Avoid chasing hype or FOMO (Fear Of Missing Out) Keep a basic trading journal or spreadsheet Learn from both wins and losses Crypto Trading Basics for Long Term Profit
Education

Crypto Trading Basics for Long Term Profit

by Alex Mercer
June 16, 2025

What you will get:  Simple steps to start trading cryptocurrencies like Bitcoin and Ethereum How to choose a reliable crypto...

Read more
$3 Billion in Bitcoin Options Expire Today — Will BTC Crash or Bounce?

$3 Billion in Bitcoin Options Expire Today — Will BTC Crash or Bounce?

June 14, 2025
Trump vs Elon Musk: Bitcoin Dips as Tesla Crashes

Trump vs Elon Musk: Bitcoin Dips as Tesla Crashes

June 6, 2025
Binance Beats SEC—Crypto Cheers the Legal Victory

Binance Beats SEC—Crypto Cheers the Legal Victory

June 2, 2025
Bitcoin Gains Ground as Job Market Wobbles—Digital Gold to the Rescue?

Bitcoin Gains Ground as Job Market Wobbles—Digital Gold to the Rescue?

May 25, 2025
The VR Soldier

© 2024 The VR Soldier

Navigate Site

  • About
  • Contact
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases

© 2024 The VR Soldier