{"id":3178,"date":"2021-04-29T15:57:56","date_gmt":"2021-04-29T14:57:56","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=3178"},"modified":"2021-04-29T15:57:59","modified_gmt":"2021-04-29T14:57:59","slug":"network-update-put-fantom-on-new-record-high-with-52-up","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/network-update-put-fantom-on-new-record-high-with-52-up\/","title":{"rendered":"Network Update Put Fantom on new record high with 52% up"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">In the wake of the successive introduction of a new Network Upgrade, the token of the<a href=\"http:\/\/google.com\/fantom\" class=\"rank-math-link\" target=\"_blank\" rel=\"noopener\"> Fantom<\/a> smart contract platform, FTM, was subject to 52 percent <a href=\"https:\/\/coinscreed.com\/staging\/bitcoin-price-reaches-52000-again-as-positive-hits-the-coin-market.html\" class=\"rank-math-link\">price growth.<\/a><\/h2>\n\n\n\n<p>The new &#8220;Go-Opera&#8221; upgrade to Fantom introduces a range of technological changes which make the network faster, more powerful and more confident according to a recent explanation by the Fantom Foundation.<\/p>\n\n\n\n<p>As per 5:42 pm (UTC+1), the upgrade was revealed on Thursday. Two hours later, in a rise that left it 52% more important than the day before, the FTM coin price peaked.<\/p>\n\n\n\n<p>The coin price has increased to $0.705069, from $0.461821 before Thursday's improvement.<\/p>\n\n\n\n<p>In the conventional sense, Fantom does not use a blockchain, but instead relies on Guided Acyclic Graph technologies. This enables asynchronous transaction validation, which means that users need not form a single queue for block space, as in a traditional blockchain.<\/p>\n\n\n\n<p>The Go-Opera update allows Fantom easier to process transactions, which cut the time for confirmed transactions to 1 second, according to the Fantom Foundation. It also saves nodes time to synchronize with the network to a quarter of what it was before.<\/p>\n\n\n\n<p>Since the beginning of 2021, Fantom's appraisal has risen by over 4000% as coin price continued to rise to new all-time highs. On Wednesday, Hyperchain Capital invested $15 million in additional funds to the Fantom Foundation, representing a rise of 100 percent on the company's initial investment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the wake of the successive introduction of a new Network Upgrade, the token of the Fantom smart contract platform, FTM, was subject to 52 percent price growth. The new &#8220;Go-Opera&#8221; upgrade to Fantom introduces a range of technological changes which make the network faster, more powerful and more confident according to a recent explanation [&hellip;]<\/p>\n","protected":false},"author":63,"featured_media":2858,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[81],"tags":[172],"class_list":["post-3178","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-news","tag-fantom"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/04\/sig.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/3178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/63"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=3178"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/3178\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/2858"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=3178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=3178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=3178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}