In this article you will learn:
- How Fantom is doing after the multichain hack
- How bullish Fantom’s Sonic update is
- What innovations are coming to the blockchain
Just a year ago it looked as if Fantom’s last hour had arrived. The implosion of the Multichain bridging protocol triggered a chain reaction that ended with the Fantom ecosystem and its users. A “serious blow”, as even founder and star developer Andre Cronje admitted.
But the team rolled up their sleeves and did what all crypto developers do in a bear market: build. The result: the FTM token has grown threefold since then. With appropriate technological innovations, the aim is now to overtake Solana’s position as a high-performance blockchain – signs of a comeback.
At the Paris Blockchain Week 2024, BTC-ECHO spoke to the CEO of the Fantom Foundation, Michael Kong, about all the background information.
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