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Fantom Opera Mainnet Partners With Token Faucet And Token MultiSender

Fantom Opera Mainnet Partners With Token Faucet And Token MultiSender

Table of Contents

  1. What Is MultiSender Token
  2. What Is ERC20 Token Faucet
  3. The Fantom Of The OPERA Mainnet

Fantom Opera celebrates new partnerships as the Fantom Foundation tweeted about ERC20 Test and Token MultiSender joining them in a partnership. 

The Fantom Foundation tweeted saying: “MultiSender and Token Faucet now support Fantom opera mainnet!” 

The Fantom Opera mainnet is compatible with the Ethereum Virtual Machine (EVM) and provides full smart contracts support through Solidity.

What Is MultiSender Token

Token MultiSender is a tool that uses blockchain technology for efficiently sending airdrops to a large or small group of users. It bulk processes transfers into a small number of transactions and distributes tokens for minimal fees. MultiSender allows a single user to airdrop tokens effectively with three simple steps to thousands of addresses. All this at the cost of a single transaction. 

Token MultiSender supports the xDai Chain, Ethereum mainnet, testnets, POA Network, etc., to send native or ERC20 tokens. MultiSender allows mass distribution of ERC-20 Tokens to multiple wallet addresses with a single transaction fee. 

What Is ERC20 Token Faucet

An ERC20 token is a token standard that's often used in the Ethereum blockchain. ERC stands for Ethereum Request for Comment, and 20 is the proposal identifier, a common standard used to create tokens on the Ethereum blockchain. 

The ERC20 Token Faucet provides a sleek and easy interface for ERC20 test token creation. The faucet can quickly generate any number of FAU tokens directly from a web interface. They are then available for developers to test smart contract applications and any other token transfer functionality. 

The Fantom Of The OPERA Mainnet

In December 2019, Fantom launched its first OPERA mainnet with EVM-compatibility supporting full smart contracts available through Solidity and the Ethereum Virtual Machine. Opera provides its users with a secure and fast environment to build decentralized applications, fully permissionless and open-source.

It’s powered by Fantom’s aBFT consensus algorithm and leverages its speed and fast finality to be ready for real-world applications without the risks of congestion or long confirmation times. Opera has been designed to overcome the limitations of older generations of blockchains, maintaining its compatibility with Ethereum for seamless dApp porting. 

In traditional Proof-of-Stake systems, some validators decide on the transactions' validity, but Opera is entirely leaderless. In other words, there are no validators to determine which blocks are valid. Removing leaders increases network security substantially.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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