Fantom is a DAG-based platform leveraging the Lachesis consensus mechanism for fast, scalable transactions, launched by Fantom Foundation in 2018. It supports full smart contract functionality and EVM, empowering developers to deploy contracts and build decentralized applications (DApps) seamlessly. Fantom’s focus on high throughput and low transaction fees makes it a promising solution for decentralized applications seeking efficient, cost-effective transactions.