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PlvsVltra

FTM

Sep 4th, 2020 (edited)
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  1. FANTOM FUD BTFO V6 - Don't believe the FUD, believe the actual Crypto OGs!
  2.  
  3. Son, I know you are to young to remember the ETH crowdsale in the summer of 2014 but no worries, I still remember it like it was yesterday. The hype, the shills, the heated arguments about the technology, the relentless FUD, everything. So glad, I just bought 2450 ETH and ignored the "ETH is a russian scam" FUD.
  4.  
  5. FTM feels unironically the same. Here are the things you need to know:
  6.  
  7. 1 - The Technology
  8. FTM combines the scalability of a DAG with smart contracts. At the very least FTMs aBFT consensus model will reach between 20,000-300,000 TPS. ETH is at 15 TPS. Even if we assume, FTM will only achieve 20k TPS, this is still 1,333x faster than ETH.
  9.  
  10. Fantom is downwards-compatible with Ethereum because it supports smart contacts for Ethereum VM (EVM) natively and out of the box. ETH devs can easily switch and deploy their dapps / smart contracts on FTM - there is NO learning curve. Solidity devs can easily code FTM smart contracts. No additional skills or programming languages required. This alone will catapult FTM into the TOP 10 by EOY, it's fucking revolutionary.
  11.  
  12. FTM is everything ETH wanted to be, just that it actually scales.
  13.  
  14. Transaction Finality / TX Confirmation Time:
  15. FANTOM Transactions are confirmed instantly - it only takes 0.7 seconds for a tx to get confirmed. BTC transaction are considered finalized after 30 minutes and ETH transactions after 10 minutes. Fuck that shit. No one is waiting 10 minutes at a retail store to wait for the payment to go through. With FANTOM real-time payments are absolutely no problem. Google "FANTOM PAY" to learn more about Fantom's Payment / Lending service. FANTOM PAY might unironically be the catalyst for mainstream adoption of crypto payments / crypto loans.
  16.  
  17. NICE FANTOM TECH PRESENTATION BY ANDRE CRONJE: https://www.youtube.com/watch?v=INCA7t-oc7w
  18.  
  19. 2 - The Tokenomics
  20. The tokenomics are amazing, seriously. Total supply is roughly 3.15 billion and a huge part of that will be LOCKED FOR STAKING. This means that the actual circulating supply will be very low. Everyone can stake FTM tokens, staking reward is 15% per year iirc. Try getting that ROI at your local bank kek. If you own about 3.3 million tokens you can run a FTM validator node and even earn more FTM. Everyone who remembers the DASH master node gains, strap the fuck in! This is 10x better, unironically.
  21.  
  22. 3 - The team
  23. The team is extremely talented. A large part of the team holds PhDs in CS from Yonsei University (the Harvard of South Korea), the CEO is an award-winning tech entrepreneur. Not the type of guy that would dump on you just to pay rent.
  24.  
  25. The developers are writing high-quality, secure code 24/7 - check the GitHub. On top of that, FTM is available in Rust, Java and Go. State-of-the-art coding languages that are supported by all devices imaginable. How much more can you ask for? Most coders on the team have PhD’s in Computer Science from the Harvard of South Korea (Yonsei University) as well and Andre Cronje (Cryptobriefing Chief Code Reviewer) is working full-time on FTMs aBFT concensus model. I have been following Andre Cronje for years and absolutely love his work. He is a code autist / genius coder on the level of Vitalik. He finished his 3-4 year CS degree in 5 months. There are less than a handful people on this planet that know more about Blockchain concensus models than Andre. I personally went all In after I learned that he is working full-time on the project.
  26.  
  27. GITHUB LINK: https://github.com/Fantom-foundation
  28.  
  29. 4- The partnerships
  30. Oracle
  31. PosBank
  32. Danfoss Inc.
  33. Terra Payments
  34. Sikoba Research
  35. Yonsei University
  36. University of Sidney
  37. Several Government Agencies
  38. -- and many more --
  39.  
  40. SOURCE: https://fantom.foundation/enterprise-alliance
  41.  
  42. 5 - The Mainnet Launch
  43. FTM mainnet launch is imminent. According to the current estimates the mainnet will launch in 5-7 weeks from today (16th April 19). The whole thing is WAY AHEAD of it’s schedule. The original release was planned for Q4 2019, now it’s in Q2. Talking about operational excellence and project management.
  44.  
  45. Random FUD:
  46.  
  47. >muh Andre Cronje doesn’t own any FTM tokens.
  48. That's bullish af, he doesnt hold ANY crypto because he isnt in it for the money grab he is a code autist like Vitalik. his goal as a researcher was to find the best aBFT concensus DAG. hint for the brainlets: its FTM. Andre joined FTM as a researcher because he is genuinely interested in the technology. A real leader who doesn’t care about 1000x gains. In fact, he hates moon boys, like Vitalik. They are on the same level. Just watch the FANTOM AMA with him on YouTube and I promise you will market buy immediately.
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  50. >muh it’s a DAG. DAGs are scams
  51. Even Bitcoin and Ethereum are DAGs. In fact, ALL blockchains are DAGs by definition. Let Andre Cronje explain it to you in this video: https://www.youtube.com/watch?v=INCA7t-oc7w
  52.  
  53. >muh it’s an ERC-20
  54. Every fucking crypto in history has been an ERC-20 before the mainnet launch. Look at EOS, they received billions of $ worth of ETH to fund the development of the EOS blockchain. How else would you want to fund a project of the scale of EOS or even FTM??? Tokens are either exchanged 1:1 or burned at mainnet launch. Has happened countless times, no big deal. Examples of projects who have leveraged the ETH ERC20 token ecosystem are EOS, NEO, Cardano (ADA), and Holochain (HOT), just to name a few. It's totally legit, go ask your friends on Plebbit. Taking this ERC-20 stuff out of context to FUD really reeks of desperation. Easiest buy signal of the decade. Unironically bought 100k.
  55.  
  56. >muh it’s a pajeet pnd / discord pnd
  57. Show me ONE SINGLE screenshot that actually proves that curryniggers are pumping and dumping FTM and I will fill your buy orders ASAP by selling 3.5 million FTM. Actually believing there are Indians on /biz shows how mentally challenged most of you are. Ranjeesh and his friends left after the bullrun of 2017. The only “pajeets” that are left are eurofags/ameritards LARPing as Indians to FUD. You can’t imagine how much money I have made buying “pajeet scams”. It’s the biggest buy signal I know, seriously. Remember my words the next time you read curry FUD, sirs.
  58.  
  59. >muh it’s a biz pump and dump
  60. >muh thanks for buying my bags biz I was the one who did the pnd and now I am shilling X
  61. imagine being so mentally retarded to believe FTM is only shilled on /biz or some shitcoin pnd flavor of the week. FTM has been the #1 in trade volume for weeks on all exchanges it's listed on. twitter is shilling it 24/7. this feels unironically like ETH. it's pointless to pretend this is a pnd - everyone who doesn't live in the biz echo chamber knows how big FTM is. it's the next big thing and you faggots will not get my bag. Everyone with half a brain bought the bottom below $0.007 anyways. No need to panic. Just hold, don’t be the faggot that sold ETH at $3 for a pathetic 10x. This will unironically reach $0.50+ in the next bull run.
  62.  
  63. >muh look it’s dumping I told you it’s a pnd
  64. The recent correction was solely caused by the recent BTC movement. We would have seen higher highs for sure, if BTC had not mooned above 5k. If BTC goes up, altcoins bleed. Simple as that. How new are you??? ETH has seen similar dumps before it started to moon violently. Week hands get shaken out, that’s how it is and always will be. Don’t be that fag.
  65.  
  66. Besides that, it's very common for early moonshots to dump. Whales are playing with the newfags to accumulate more. Once they are happy and doubled their stack, all fake sell walls are pulled, the wash trading ("panic sellers") stops and you'll see one GIANT GREEN DILDO and the moon mission continues. Seen it a million times. If you sell now or sold already thinking to buy back, think again cause you will almost certainly miss the perfect entry and FOMO in at a much higher price. Whales aren't predictable. Just keep your moonbag and chill.
  67.  
  68. >muh I am not FUDDING I am just here to help you sell
  69. Where's your buy order son? if you really thought FTM was shit, you wouldn't waste your time, writing this low effort FUD, filling out captchas, etc. You are here to buy in cheaper - actions speak louder than words anon you can't hide your intentions. I don't waste my time shitting on Chainlink even though I think it's garbage - why would I? I couldn't care less about the project and filter everything related to LINK. People only FUD if they are interested. But what you don't realize is that 4chan doesn't affect the price. This isn't a tradeogre shitcoin with zero volume
  70.  
  71. >muh the CEO can't code
  72. It's not the fucking job of the top management to code. I don't expect Steve Jobs or Jeff Bezos to do the coding. Top Management should manage the high-level business stuff, and software engineers should do the coding. That idea that CEO's in large companies should waste their time coding really reveals how little you fags now about business and efficiency.
  73.  
  74. >muh the team changed, they exit scammed
  75. This is Reddit-tier FUD, just lies, zero proofs. Everything's going fine with the dev team. Re-watch the Andre Cronje AMA on YouTube or check the Telegram Channel. There were several teams working simultaneously on FANTOM. Some expert software engineers were actually hired by Andre Cronje. Overall however, the team is quite large and might have to get downsized in the future, simply because mainnet is almost ready and there is no need for 20+ software engineers anymore. Feel free to post proof that staff members actually exit-scammed, I am waiting....
  76.  
  77. >muh the team is criminal, they tried stealing funds at the ICO
  78. Topkek, seriously?? Who is gonna believe this bullshit? If this were true, NO ONE, and I repeat, NO ONE, would touch FTM with a ten foot pole. Crypto scam news spread like wildfire on social media, so how come you are the only one talking about this stuff? I have never heard about it anywhere else. So if this isn't a lie again, please feel free to point me to the countless, outraged Tweets of those faggots who got supposedly scammed. If you can't provide them, I assume you lied and keep buying more every day.
  79.  
  80. FINALLY:
  81. This is an open source pasta - feel free to add additional information as you see fit!! Let's work together kill this pathetic FUD campaign. I can't see this shit any longer, it's getting boring af to argue with those brainlets.
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