Fantom, a blockchain platform, stands out for its ability to process up to 10,000 ERC-20 transfers per second.
Fantom’s impact goes beyond payments, representing a decentralized alternative with significant advantages.
The year 2022 marked an important era in the financial and technology sector with the growth of cryptocurrencies and blockchain technology. Among these developments, Fantom stands out, a blockchain platform that shows enormous potential to transform the global payment and transfer system.
PayPal, the digital payments giant, processed nearly 22 billion payments in 2022, a figure that evidences the growing dependence on online payment services. In this context, Fantom’s technology, and in particular its ability to handle ERC-20 transfers, has highlighted the potential of blockchain in the financial sector.
Sonic, a core component of the Fantom network, reportedly has the ability to process up to 10,000 ERC-20 transfers per second, each comparable to a PayPal payment. T
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