As a means to solve the problems of existing blockchain solutions, Fantom aims to develop a new implementation of DAG-based consensus, which intends to create a new platform that improves the scalability and versatility of existing DAGs. FANTOM’s technology is intended to create potentially infinite scalability, and process hundreds of thousands of transactions per second even with large numbers of nodes participating in the network. The FANTOM OPERA Chain is intended to solve the scalability limitations of existing blockchain with the Lachesis Protocol. 
This is intended to be achieved by adopting a method where a single event block verifies the previous transaction, and transactions are verified and processed asynchronously without being approved by the miners as in prior blockchains. Thus, an increased transactional load will not lead to delayed approval or bottleneck effects. It intends to also manage historical information on its own without being assisted by external databases such as the Oracle Database. Event blocks that store information from transactions that arise include multiple data packages. A data package may include transactions, Smart Contracts,historical information, reputation management, and rewards
(Obtained from ICO Whitepaper)

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