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Canto (CANTO): The Layer 1 Blockchain Powered by FPI

Intermediate
Blockchain
27 Feb 2023
11 min read
0

For years, crypto users have complained about high usage fees for blockchain technologies that seem to benefit those who can afford to pay a higher premium a whole lot more than the average user. They argue that blockchain technology should be free to use and that new users shouldn't have to be stuck in a position of paying excessive rent to people who were lucky enough to hear about the platform during a presale. Luckily for these crypto users, that problem may have been solved.

What Is Canto?

Canto is a base-level or Layer 1 blockchain software based on the principles of decentralized finance (DeFi). Its self-sustaining system allows users to complete zero-fee crypto and crypto-related transactions with the highest levels of accessibility, privacy and freedom.

What Is CANTO?

CANTO is the official native token of the Canto blockchain. For clarity, CANTO (in all capital letters) is the token and Canto (only the first letter being capitalized) is the underlying Blockchain technology.

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