Fantom’s enterprise-grade smart contract platform will unlock a wide range of new use cases for Life Wallet’s rapidly growing user base
As a fast, high-throughput open-source smart contract platform designed specifically for digital assets and decentralized applications, Fantom is recognized as a game-changing pioneer in the crypto space. Using a consensus algorithm called aBFT or Lachesis consensus, Fantom allows developers to build peer-to-peer applications without having to create their own networking layer. This allows Fantom to power near-instant transfers that are secure and scalable. The platform is also Ethereum-compatible.
With over 200 dApps already deployed on Fantom – from DEXes and cross-chain bridges to yield optimizers, NFT platforms, GameFi applications, wallets, and more – Fantom’s new integration with Life Wallet represents a huge step forward for Life Wallet and the broader blockchain ecosystem as a whole.
Life Wallet has streamlined digital asset transfers, making it possible for users to send and receive such assets using simple @usernames in place of complicated public keys. This will help to onboard new users into the blockchain and Web3 spaces and significantly reduces the adoption hurdles that currently face users in the digital assets space. As part of this initiative, the Fantom Foundation will reserve the @Fantom and @FantomFoundation username’s within the Life Wallet application.
According to Life Wallet Founder Patrick Andras: “From Curve and...
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