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XRP Ledger Nears Oct. 23 Upgrade as Lending Votes Fall Short
XRP Ledger targets Oct. 23 for a security-related upgrade, but native lending still lacks the validator votes to launch.
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Fantom (FTM) is a high-performance, scalable, and secure smart-contract platform designed for decentralized applications (dApps) and digital assets. Using its unique Asynchronous Byzantine Fault Tolerant (aBFT) consensus mechanism called Lachesis, Fantom can achieve near-instant transaction finality with minimal fees, making it ideal for DeFi and enterprise applications. FTM, the native token, is used for transaction fees, staking, and governance within the network, allowing holders to vote on important protocol decisions. Fantom aims to offer high-speed blockchain solutions that bridge the gap between security, scalability, and decentralization. In 2024, Fantom announced its upgrade to Sonic (S). FTM holders can upgrade to S at a 1:1 ratio. Sonic retains full EVM compatibility, making migration seamless for existing projects.
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