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MATIC vs FTM compare

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About MATIC

  • Name: Polygon

  • Symbol: MATIC

  • Circulating supply: 8 734 317 500 $

  • Max supply: 10 000 000 000 $

  • Cmc rank: 13

  • Volume 24h: 166 429 630 $

  • Percent change 1h: 0,0072 %

  • Percent change 24h: -0,093 %

  • Percent Change 7d: 1,8 %

About FTM

  • Name: Fantom

  • Symbol: FTM

  • Circulating supply: 2 545 006 300 $

  • Max supply: 3 175 000 000 $

  • Cmc rank: 67

  • Volume 24h: 55 536 758 $

  • Percent change 1h: -0,031 %

  • Percent change 24h: -1 %

  • Percent Change 7d: -2,9 %

About MATIC

Polygon is an innovative scaling solution supported by the top-rated cryptocurrency exchanges that aims to create a Layer 2 project. The platform will allow Ethereum users to scale their decentralised applications for broader usability. For the primary stage, Matic has already introduced its hybrid blockchain solution based on Ethereum. Matic has a potential to become one of the most progressive scaling second-layer platforms on the cryptocurrency market. Founded by Sandeep Nailwal in 2019, Matic prioritizes creating high-quality scalability solutions for the world of decentralised applications. 

About FTM

Fantom is a distributed network based on DAG, including the use of parallel data chains, new methods of increasing scalability, and a high-performance virtual machine that ensures the safe and efficient execution of smart contracts. FTM is the internal token and prior to the launching of the main network, it is hosted on the Ethereum blockchain platform being an ERC-20 standard token. After the deployment of Main Net, FTM  will be transferred to its own blockchain, and it will be considered a cryptocurrency.

MATIC vs FTM : Which is better?

Both setups have their cryptocurrencies that are carried out by their seed client, private client and general customer. Also, they are plainly changed by cryptocurrency swaps and are used as a means to market value or for theoretic investment. So, Polygon vs Fantom in limitation of token significance and exchangeability are pretty alike considering that both their significance floats and hesitates according to market conditions.

What is the difference between MATIC and FTM? 

Today, cryptocurrencies have become a popular type of virtual asset. They can differ in their characteristics and functions.

Blockchain

MATIC and FTM have their pros and cons. What they have in common is a single mechanism, i.e. blockchain technology, thanks to which this whole world of electronic money exists.

Matic Network is a platform for scaling Ethereum. This means that MATIC is not a separate blockchain, but rather a superstructure over Ethereum, which allows users to access the functions of the second cryptocurrency. The main function of the MATIC Network was to solve ETH scalability problem.

Fantom is a smart blockchain offering not only fast but also scalable solutions based on its unique Lachesis consensus mechanism.

This platform offers an alternative to Ethereum and allows the development of integrated digital assets and DApps.

Trading Volume

The current FTM market cap of $707,041,382 USD. The total supply of the cryptocurrency is limited to 3175000000 units. Emission of additional FTM is not possible. Today there are 2545006273 in circulation.

Polygon vs FTM current CoinMarketCap ranking is #18, with a live market cap of $4,180,160,978 USD. There are now 8734317475 MATIC coins in circulation, with a maximum supply of 10000000000.

Trading Pairs

Both MATIC and FTM support a larger range of trading pairs, as these cryptos are in demand among users and listed on all major trading spots. Godex is the right place where you can trade these assets with a huge number of trading pairs.

Prices

The live MATIC rate today is 0.77449442 USD with a 24-hour trading volume of 166429628.24054000 USD. The real time Fantom value as of today is 0.77449442 USD with a 24-hour trading volume of 55536757.61976100 USD.

A quick visibility to a MATIC vs FTM price chart 

Both  Polygon vs Fantom smart from the same fluctuations that all main crypto commerce do, it’s faithful that at the same period they can execute better than the old one cryptos, but they yet are entangled and behave as other major crypto markets. So the  MATIC  vs FTM feud cannot be determinated just by watching at trade/price diagram.

Polygon vs Fantom : Conclusion

MATIC  and FTM split up a lot of likeness but disperse in their target audience. 

The Polygon vs Fantom battle appears to have accomplished in a mechanical tie, they can both coexist whereas they have various targets. Yes, they have likeness but that both are based on a prosperous sample and are not surely a bad thing. Both are coming, sustainable and have solid base.

In the technologic part of the MATIC  vs FTM airing, we start by observing that their logic is  different .  Polygon and Fantom  they both are by standard and decentralized. It’s cost notes that either aim at safety hereafter fees and speedy transactions.

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F.A.Q.

Is Fantom better than Polygon?

Being a "Joker" among other so-called Ether killers Fanton uses a fundamentally new decentralized registry technology, i.e. directed acyclic graph or DAG. There are now 2 ways to create a decentralized currency either by blockchain or graph.

The important feature is that Fanton in principle has no ceiling for TPS rate at all. If for usual blockchains the increase in number of users leads to a decrease of transaction speed,  for Fantom it works in the opposite way.

If Fantom technology turns out to be safe and reliable, it puts into question not only the technology of all other "Ether killers" but also all blockchain cryptocurrencies in general, including Ethereum and Bitcoin.

What are the purposes of FTM and MATIC?

Many projects use Ethereum-compatible blockchains as a way to mitigate these limitations. However, there is no specialized structure for creating such blockchains, nor is there a protocol for connecting them. This leads to significant development challenges and causes fragmentation of ecosystems. Polygon undertakes to solve these problems.

Fantom is a blockchain whose main goal is to solve the scalability problem of existing platforms based on distributed registries. Fantom cryptocurrency is a productive and high-speed system with open code and the ability to work with smart contracts. Such combination of properties allows using it for solving various tasks:

  • Combining different platforms and blockchains into a single infrastructure, creating and operating applications for fast data exchange in real time.
  • Creating secure and functional applications solving various tasks in the telecommunications sphere, electric vehicles production, financial sector, cargo transportation.
  • Possibility to create coins and tokenized assets that will function on the basis of Fantom.

Where to buy MATIC and FTM?

Polygon is listed on 157 exchanges. Over the last day, Polygon has been traded on 3,746 active markets with its highest volume trading pairs being USDT, USD, and VNDC.

Fantom FTM token is freely traded and can be found on major exchanges such as Binance, Gate.io and OKEx Korea, Godex. Simultaneously, tokens on ERC-20, BEP2 and Fantom's own OPERA protocol are in circulation.