Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.
What Is Fantom (FTM)?
Who Are the Founders of Fantom?
The PLCU mission is to give hundreds of millions of people who are deprived of traditional fintech services access to a global financial infrastructure and instant payments around the world.
PLC Ultima is a massive infrastructure project, which combines the innovation of the blockchain technology with the stability of dozens of time-tested business models.
PLC Ultima bridges the gap between traditional business and the crypto world. PLCU offers innovative business solutions which enable merchants from around the world to sell their products for cryptocurrencies, interacting with a global audience of crypto enthusiasts.
The PLC Ultima blockchain is based on the Litecoin blockchain. Both are characterized by network stability, transparency and high transaction processing speed with the option of using the Segregated Witness protocol upgrade.
The developers of PLC Ultima have expanded the functionality of the Litecoin blockchain and increased the scope of its application. The PLC Ultima blockchain uses the CryptoNight hashing algorithm used by Bytecoin and Monero. We have introduced a more equitable distribution of rewards among participants using minting, backed by smart contracts. Additionally, this solution has been tested for vulnerability to all types of attacks, including network separation, hacking attempts, blockchain tampering, keyspace attack, etc.
PLC Ultima is an infrastructure project which aims to bridge the gap between traditional business and the crypto world.