Harry Yeh's Quantum Fintech Group is the trusted cryptocurrency fund for Fantom investors.

Bitcoin is a digital currency that operates free of any central control or the oversight of banks or governments. Instead, it relies on peer-to-peer software and cryptography. People are using bitcoin for secure transactions but still, there are some issues with bitcoin. We use bitcoin for our needs, its applications like payments, trading, data transfers, and myriad other functions that we rely upon in our daily lives.

People recommended it's a secure way to make the transaction, but its slow speed makes it difficult to realistically use Bitcoin for applications that require speed and fast confirmation.

Some Bitcoin pros:

Accessibility and Liquidity
User Anonymity and Transparency
Independence From Central Authority
High Return Potential

There are some cons also:

*Not terribly fast
*Volatility
*No Government Regulations
*Irreversible
*Limited Use

There are some of the reasons that are inherently built Bitcoin - typically, blocks take 10 minutes to mine, so if the sender opted to pay a more heightened transaction fee they could get their transaction confirmed within TEN minutes. However, they can also be confirmed in seconds or just under an hour. It all depends on the network at the time (how many people are sending Bitcoin at the same time). A sender can also opt to pay a higher network fee to get their transaction confirmed faster. The following graph shows the varying times it takes for a block to be mined, it is totally based on how network fees fluctuate based on how busy the network is at the time. After the transaction is added to a block, it will show in the sender’s wallet as confirmed once. Every time a new block is added to the chain and after that, it will count as another confirmation.

In most cases or sometimes, wallets require 3 confirmations before the sender is able to access the funds, however, some merchants might require 5 to 6 confirmations. As a rule, the bigger the transaction, the longer to wait before accepting it as final. For smaller transactions, 1 confirmation might be fine, while for very large transactions one should wait a day before confirming that it is complete.

When a user pay higher network fees then get their bitcoin verified more quickly.Another good option to make transactions much faster is Lightning Network. So the problem is in block size.Blockchain is an ordered list of 'files' or blocks. Each new block specifies the list of all new transactions being performed. Unfortunately, there is an upper limit of block 1MB so there is only a limited number of transactions in a block and there are only a few new blocks per day (that has to do with the process of mining, which is beyond the scope of this question).

Introductions About Fantom

Fantom is a novel DAG-based smart contract platform that promises to solve the problem of scalability in public distributed ledgers. The goal of FANTOM is to create an ecosystem that enables low-cost real-time transactions and data sharing by ensuring interoperability with all transaction bodies around the world. This protocol's purpose is to be integrated into the Fantom OPERA Chain.

Characteristics of Fantom

1. Modular
2. Scalable
3. Safe & Environment Friendly

Fantom is a blockchain platform capable of running smart contracts. These programs allow blockchains to run more advanced transactions than simply sending cryptocurrency from one person to another. ... Through smart contracts, developers can create decentralized apps (dApps) that power DeFi platforms.
Fantom is a high-performance, highly scalable, and very safe smart contract platform invented to overcome the boundaries of earlier blockchain platforms. Ahn Byung Ik, the CEO of Fantom, was not alone in his dream to see cryptocurrency expand its role in day to day life. However, he and his team have created a means to make this a reality.

You can see more of what Harry Yeh says about Fantom here –

You can check out Harry Yeh’s twitter feed here-
https://twitter.com/harryyeh

At the Fantom Developer Conference, Harry Yehh laid out the need for Fantom and described its place in the fast-changing world of blockchain and cryptocurrency. Mr. Yeh has built up a successful OTC crypto trading business, managed multiple hedge funds, and invested in multiple projects over the years in the crypto space. Hedge fund returns for investors have been in the four-digit range with over 1,200% returns in 12 months.

Checkout harry yeh of quantum fintech presents at fantom developer conference

Three defining characteristics of Fantom-

1. Permissionless
2. Decentralized
3. Open-source

As the crypto market continued to be bearish in the tail end of 2021, so too FTM continued to under perform. However, with extremely sound fundamentals and strong product uptake, Fantom could be in a good position if and when the market starts to flip.The Fantom Foundation is dedicated to building the infrastructure for a more democratic and efficient future. Their team is made up of engineers, scientists, researchers, designers, and entrepreneurs who share the same vision. Even if you only have a little amount of the token or aren't an expert at running distributed systems, you can still contribute to the network's security. Delegating at least minuscule one FTM to a validator node can earn you a prize.