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Chainstack introduces Fantom support, allowing developers to build on top of high-performance, scalable, and secure infrastructure.

12-07-2021 08:50 AM CET | IT, New Media & Software

Press release from: Chainstack

Chainstack introduces Fantom support, allowing developers to build on top of high-performance, scalable, and secure infrastructure

Chainstack introduces Fantom support, allowing developers to build on top of high-performance, scalable, and secure infrastructure

7 December 2021, Singapore - Today Chainstack, a leading blockchain managed services provider, is launching support for Fantom on its platform, offering powerful node access and reliable blockchain infrastructure for all Web3 and DeFi developers and builders. The combined effort aims at building a greater, more accessible Web3 ecosystem to the growing Fantom community.

This new offering enables developers to create applications on scalable infrastructure on all major public cloud providers (Amazon Web Services, Microsoft Azure, and Google Cloud Platform) and across geographies in the simplest way imaginable. Developers may now easily get access to the Fantom blockchain by deploying their own nodes, lowering the expenses of setting up the blockchain node infrastructure as well as the time it takes for applications to reach market.

Fantom enables Web3 developers to create high-performing, environmentally sustainable applications by leveraging blockchain technology that is engineered for performance, scalability, and security. With a growing vibrant community and interoperable building environment, Fantom enables users to create highly functional decentralized applications.

“The core mission of the Fantom Foundation is to help support an open-source, public ledger that is accessible, scalable, and user-friendly. Beyond our incentive programs, we seek to offer developers a wide array of tools and services, and Chainstack has an important role to play, helping teams and projects move seamlessly from the building phase to product launch. Chainstack shares our ambition to connect the world to Web 3.0, and we are absolutely thrilled that they now support Fantom.” says Michael Kong, CEO Fantom Foundation

With the addition of Fantom to Chainstack, businesses of any size and industry vertical can benefit from the innovative power of DeFi applications while also enjoying higher performance and lower gas fees in the same enterprise-grade infrastructure that thousands of companies trust every day around the world.

"Fantom is devoted to deliver developers with highly performing, secure, and scalable platform that supports Ethereum smart contracts, along with a vibrant community and environment that enables users to create highly functional decentralized applications. Chainstack has become a valued ally for Fantom's community, assisting with innovation, growth, and versatility. Fantom developers now have a platform that is secure, features complete functionalities, and is trustworthy over numerous chains, thanks to its multi-chain design." says Eugene Aseev, Founder and CTO of Chainstack.

https://chainstack.com/build-better-with-fantom/

Chainstack Pte. Ltd.
Singapore
8 Temasek Boulevard
#30-01/02, Suntec Tower 3
038988

Media contact:
Janson Lee
Chainstack
janson.lee@chainstack.com

ABOUT CHAINSTACK

Chainstack makes it radically simple to launch and scale decentralized networks and applications for developers and enterprises through its managed blockchain services platform – complete with an intuitive user interface, seamless orchestration, and predictable pricing. We offer enterprise-grade tools and services that empower developers, solution providers, and consortia to safely experiment and run-in production. By building on Chainstack, the time, cost and risk involved with leveraging decentralized technologies can be reduced. With a secure API, membership management, and flexible deployment options, enterprises and developers can immediately accelerate and future-proof the development of their transformative solutions.

Learn more at www.chainstack.com

ABOUT FANTOM

Fantom is a fast, scalable, and secure layer-1 EVM-compatible platform built on a permissionless aBFT consensus protocol. On Fantom, transactions are confirmed in 1 second and cost a fraction of a cent. Speed, low transaction costs, and high throughput make Fantom ideal for DeFi applications and real-world use-cases.

Learn more at https://fantom.foundation/

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