Why is Fantom so fast?

Why is it that Fantom manages to achieve such remarkable speed? What are the underlying technological advancements or innovations that contribute to its swiftness? How does Fantom's architecture differ from other blockchain platforms, enabling it to handle transactions at a much faster rate? Could it be the consensus mechanism employed by Fantom that facilitates its swift transaction processing? Or are there other factors at play that contribute to its efficiency? Understanding these details would help to appreciate the technology behind Fantom and its potential in the cryptocurrency and finance space.