Opera Mainnet (Fantom) Definition
Opera Mainnet is the primary network of Fantom, a high-performance, scalable, and secure smart-contract platform. It is designed to overcome the limitations of previous generation blockchain platforms. Opera Mainnet is fully compatible with Ethereum and supports all existing Ethereum tooling, including MetaMask, Remix, Truffle, and ethers.js.
Opera Mainnet (Fantom) Key Points
- Opera Mainnet is the primary network of the Fantom platform.
- It is designed to be scalable, secure, and high-performing.
- Opera Mainnet is fully compatible with Ethereum and supports all its existing tools.
- It aims to overcome the limitations of previous generation blockchain platforms.
What is Opera Mainnet (Fantom)?
Opera Mainnet is the main network of the Fantom platform, a next-generation blockchain platform for decentralized applications (dApps) and digital assets. It is designed to overcome the limitations of previous generation blockchain platforms by providing high-speed, secure, and scalable solutions.
Who uses Opera Mainnet (Fantom)?
Opera Mainnet is used by developers and businesses who want to build and run decentralized applications. It’s also used by users who want to transact and interact with these applications. Given its compatibility with Ethereum, it’s particularly beneficial for those already familiar with Ethereum’s tools and ecosystem.
When was Opera Mainnet (Fantom) created?
Fantom was founded in 2018, and the Opera Mainnet was launched in December 2019. Since then, it has been continuously updated and improved to provide a better platform for building and running decentralized applications.
Where is Opera Mainnet (Fantom) used?
Opera Mainnet is used globally, anywhere where there’s a need for a scalable, secure, and high-performing blockchain platform. It’s particularly popular in sectors where these attributes are highly valued, such as finance, supply chain management, and gaming.
Why is Opera Mainnet (Fantom) important?
Opera Mainnet is important because it addresses many of the limitations of previous generation blockchain platforms, such as slow transaction speeds, high costs, and lack of scalability. By providing a platform that is both high-performing and fully compatible with Ethereum, it allows for the development of more complex and useful decentralized applications.
How does Opera Mainnet (Fantom) work?
Opera Mainnet works by using a consensus algorithm called Lachesis, which allows for faster transaction speeds and higher scalability than traditional blockchain platforms. It also supports smart contracts, which are self-executing contracts with the terms of the agreement directly written into code. This allows for the creation of decentralized applications that can run on the network.