Legendary DeFi developer Andre Cronje: 13 reasons why you should choose Fantom

Andre Cronje (AC), the founder of Yearn and a board member of Fantom, listed 13 reasons on Twitter today, explaining to the community why they should choose Fantom.

Andre Cronje: Why Choose Fantom

1. Fast Transaction Confirmation: Transaction confirmation time is less than 900 milliseconds, providing a smoother user experience for dapp developers and users.

2. True Transaction Finality: Due to Fantom's consensus mechanism, there are no rules based on the longest blockchain, so there is no block reorganization, and transaction confirmation does not require waiting for multiple blocks to pass.

3. RPC Synchronization: Due to Fantom's extremely short transaction confirmation time, synchronization can be confirmed.

4. Gas Fee Monetization: Protocol development teams can benefit from developed smart contracts, with 15% of the gas fees spent by users on contracts as team revenue.

Read More: Fantom Governance Proposal "Gas Monetization" Introduction! AC: Fantom will become a blockchain platform on Youtube

5. Gas Fee Subsidies: Users are allowed to interact with dApps without having to pay gas fees through their wallets, creating a better user experience, and users do not need to own or understand FTM tokens.

6. Native Smart Wallet: Users can have wallets in a typical Web2 manner, such as through account passwords, other social logins, or Face ID.

7. Fully Compatible with Solidity and Vyper: Developers can deploy on other chains without having to learn a new language.

8. No Network Segmentation: Whether it's a subnet, supernet, or L2, they all share security, liquidity, and users.

9. Sustainable Funding and Revenue: Stable funding sources through Gitcoin donations, ecological fund pools, and gas monetization.

10. Low Entry Barriers: Hackathons are held every three months, allowing participation without experience to learn together.

11. Active Security Audits: Automated on-chain audit services through security company Dedaub.

12. Long History: Fantom is the longest-running smart contract blockchain after Ethereum, having been running normally for 4 years.

13. Bright Future: The blockchain industry still requires long-term development, and developers can confidently develop on Fantom for decades.