Cryptocurrency Q&A Is Fantom a layer 1?

Is Fantom a layer 1?

KimonoElegance KimonoElegance Wed Sep 25 2024 | 5 answers 849
Excuse me, could you clarify whether Fantom qualifies as a layer 1 blockchain protocol? I've been hearing a lot about its unique consensus mechanism and scalability features, but I'm still a bit uncertain about its positioning within the blockchain ecosystem. I understand that layer 1 refers to the main blockchain network that supports smart contracts and transactions, so I'm eager to know if Fantom meets that criteria. Thanks in advance for your insight. Is Fantom a layer 1?

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