/biz/ - Business & Finance

- Fantom is consensus. Lachesis aBFT and TxFlow aBFT — two asynchronous byzantine fault tolerant consensus algorithms which are looking to compete with their synchronous counterparts. This consensus is compatible with the EVM and Cosmos SDK, and can be used by anyone to build their own blockchains or blockchain applications on top of.

So instead of focusing on building ''another blockchain'' or the best blockchain available, we focus on a very specific layer instead, our specialism. That way it's more future proof and allows us to adapt to changing demands and to focus on supporting the SDK's and stacks that are worthwhile.

- The foundation focus on the adoption of the consensus, so that can be any kind of blockchain product. Right now we are really excited for XAR Network which will work with a premier African bank to issue its own mainnet, supporting CDP/CSDT like functionality (Stake FTM — mint USDF, similar to stake ETH - mint DAI). But also borrowing, lending, including a decentralized exchange.

this chain will also be used for fiat-backed stablecoin issuance (so we have a DAI-like stablecoin which is collateralized by FTM, but we also have a 1:1 backed fiat stablecoin being issued on top by a bank which is more like an USDC or a TUSD.)