After completing our successful mainnet launch, helping the community get up to date with staking and working on features to be added to the wallet; we are finally ready to announce the winners of our Fantom Educational Contest!
We are happy to say we received great submissions from our awesome community members. In the end, these five articles ended up winning based on an internal voting system amongst the Fantom Foundation team. A big collective thank you goes out to everyone who created content and submitted their well-researched articles. Stay tuned for more of our Fantom Community contests coming soon!
In this flashy and eye-pleasing piece of content, @blokcove explains the advantages of Fantom’s aBFT consensus mechanism and DAG structure for scalability. It compares the benefits of Fantom consensus to a traditional, and synchronous blockchain; highlighting Lachesis’ better time-to-finality, much higher throughput, and exactly why a leaderless aBFT system is the best way to reach consensus.
This article written by @crytpol serves to explain the nature of asynchronous Byzantine Fault Tolerant (aBFT) consensus algorithms and a look at their history and predecessors. It explains why aBFT is the most efficient consensus mechanism in permissionless blockchains by looking at the past; comparing it to older well-known consensus models.
This article created by @paulo380 goes over many aspects of the Fantom ecosystem and consensus. Specifically, it describes in detail the 3 layers of the Fantom OPERA Mainnet: the Core layer, the Ware layer, and the Application layer. Also, it talks about the Lachesis Consensus Algorithm, Clotho & Atropos event blocks, and Fantom’s Consensus-as-a-Service (CaaS).
This article authored by @proofreade compares Fantom’s Lachesis Consensus Algorithm — aBFT model to other systems such as Proof of Work, Proof of Stake, and Tendermint pBFT. It also touches on the advantaged of Lachesis such as lower energy consumption, faster transaction speeds, and improved scalability.
This article put-together by @olasamuel gives us a quick overview of Fantom’s DeFi toolkit and what makes it such a great option for this emerging industry. Some of the main themes talked about here are Collatorized Stable Debt Tokens, interest and liquidations modules, NFT’s and more.
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Announcing the winners of our Educational Writing Contest. was originally published in Fantom Foundation on Medium, where people are continuing the conversation by highlighting and responding to this story.
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