“This technology can potentially help process transactions faster with much smaller memory consumption, thereby improving the network performance,” The Fantom Foundation wrote in a Wednesday blog post. Further, while the Ethereum blockchain requires multiple block confirmations to ensure transactions are secure, Fantom only requires one confirmation, according to the foundation.
Source: https://www.coindesk.com/markets/2022/03/16/fantoms-ftm-token-rises-10-on-upcoming-protocol-upgrades/?utm_medium=referral&utm_source=rss&utm_campaign=headlines