The Modern Financial Data Platform

Subscribe for $2
Analyse
Profile
Fasttoken Stock

Fasttoken

FTN

Price

2.01
Today +/-
+0
Today %
+0 %

Fasttoken Whitepaper

  • Simple

  • Expanded

  • Experte

Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
Darkex ExchangeFTN/USDT4.4564,316.4442,118.79111.77 M3.49cex2047/9/2025, 6:21 AM
FastexFTN/USDT4.45648,919.79665,551.3332.36 M17.64cex5097/9/2025, 6:18 AM
FastexFTN/EUR4.45439,680.48316,534.58.26 M4.5cex4357/9/2025, 6:18 AM
FastexFTN/AMD4.46436,728.9986,180.966.96 M3.79cex4667/9/2025, 6:18 AM
FastexBTC/FTN107,897.55400,556.66318,717.496.71 M0cex4097/9/2025, 6:18 AM
FastexFTN/ETH4.44187,375.95142,581.072.61 M1.42cex4157/9/2025, 6:18 AM
FastexFTN/USDC4.4557,557.0252,027.272.32 M1.27cex3737/9/2025, 6:18 AM
FastexFTN/USD4.4580,170.89104,150.212.16 M1.17cex3667/9/2025, 6:18 AM
FastexFTN/BRL4.4844,510.1442,016.651.74 M0.95cex3367/9/2025, 6:18 AM
MEXCFTN/USDT4.44104,695.177,463.651.21 M0.05cex5127/9/2025, 6:18 AM
1
2
3

Fasttoken FAQ

What is FTN? Fasttoken (FTN) is a cryptocurrency that has garnered attention for its innovative features and potential applications in the digital landscape. As a versatile digital asset, FTN is poised to offer enhancements in transaction speed, security, and integration flexibility within the crypto ecosystem. For comprehensive information and up-to-date metrics about Fasttoken, please refer to Eulerpool.

Fasttoken (FTN) serves as the native cryptocurrency of the Bahamut blockchain, a public, EVM-compatible layer-1 blockchain that implements a distinct Proof of Stake and Activity (PoSA) consensus mechanism. The PoSA consensus introduces a novel parameter—activity—into the validation process, incentivizing developers to create highly utilized smart contracts, such as BHRC20 tokens, DeFi protocols, and NFTs. Activity is quantified by the gas expenditure during interactions with a smart contract. The greater the activity a smart contract generates, the higher the likelihood it becomes a block producer, thereby earning greater rewards from the network. FTN is integral to Bahamut’s operations, facilitating native and liquid staking, block validation, and cross-chain functionalities. It is also a key component of the Fastex ecosystem, with applications in various sectors including iGaming and DeFi platforms like Ortak, Lolik, Mutuari, and YoHealth.

### What is Bahamut? Bahamut is a professional digital asset that is gaining traction in the cryptocurrency market. With its unique features and growing user base, Bahamut stands out as an innovative solution for digital transactions. For more comprehensive and detailed information about Bahamut, please visit Eulerpool, where you can explore its market performance, historical data, and other relevant details.

Bahamut is a public, EVM-based layer 1 blockchain solution designed to revolutionize the way distributed networks allocate block rewards among participants, by introducing a significant parameter to the consensus algorithm: activity. This activity is quantified by the amount of gas utilized by a validator's smart contract, which is considered when determining the opportunity for a participant to become a block proposer and earn future rewards. Developed by Fastex engineers, Bahamut's unique consensus mechanism, called Proof of Stake and Activity (PoSA), currently supports over 4,100 validators, 67.3 million transactions, and 6.85 million FTN holders. PoSA, an adaptation of the traditional Proof of Stake (PoS) model, incorporates an additional metric known as activity. It measures the total gas expenditure of a smart contract deployed by a validator, which influences their likelihood of being selected as a validator in subsequent epochs. In essence, a validator's increased activity enhances their probability of future selection and earning greater rewards. To enhance scalability, the Caucasus Blockchain has been developed as a Layer 2 solution utilizing Optimistic Rollup technology. This advancement boosts transaction throughput, lowers gas fees, and upholds the security and decentralization of Bahamut. Caucasus is aimed at supporting sectors such as iGaming, DeFi, and finance, thereby enhancing the user experience for developers and their customers.

What is PoSA?

PoSA represents an innovative consensus algorithm that combines the advantages of Proof of Stake (PoS) with an added activity metric. This activity metric is determined by the gas consumed during interactions with smart contracts on the network. Essentially, greater usage of a smart contract leads to a more significant influence for the validator responsible for deploying the contract in the rewards distribution mechanism. This approach incentivizes contract developers to produce high-quality, widely utilized contracts, thereby increasing their influence within the network.

How does PoSA operate?

In the Proof of Stake Activity (PoSA) model, validators—nodes responsible for validating transactions and blocks—are required to stake a fixed amount of tokens, set at 8192 for all validators, to engage in the consensus process. This stake acts as collateral, ensuring validators operate with integrity. Nevertheless, in PoSA, a validator's rank is influenced not only by the size of their stake but also by the activity level of their smart contracts. The activity of a smart contract is measured by the total gas consumed by users when interacting with the contract. A contract is considered more active as it utilizes more gas. This activity metric is then combined with the validator's stake to establish their ranking. This approach offers two key advantages. First, it incentivizes developers to produce high-quality, frequently used contracts, which contributes to the overall health and security of the network. Second, it aids in the decentralization of the network, as validators possessing high-quality, highly usable contracts gain more influence in the consensus process. It is crucial to recognize that even validators with no activity remain vital to the network, as they contribute to its security and stability.

Investors interested in Fasttoken are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.