Since the launch of its testnet, Sonic, the blockchain that will succeed Fantom (FTM), has shown particularly promising performances. Will these records be viable in real conditions?
Sonic blockchain promises speed records
In testnet for a few days, Sonic, the successor to Fantom (FTM)shows promising scalability performance. Indeed, initial results show that it takes less than half a second to create a new block, and that it is finalized in just over 0.7 seconds:
https://t.co/Di1UX2XEIj
400ms responsiveness (perfect for synchronous events)
720ms finality (true, not probabilistic – no “please wait 30 blocks”)Gas Monetization = 90% fees generated goes to devs
Gas Subsidies = no gas required
Native Account Abstraction = No wallets pic.twitter.com/VVHlk054Hn— Andre Cronje (@AndreCronjeTech) September 8, 2024
💡 What is Fantom (FTM)?
As a reminder, when a block is finalized, it is definitively registered in the blockchain. Several parameters can influence this time, such as the number of confirmations required or the size of a block. The technical choices leading to these compromises make it possible to resolve the famous blockchain trilemma, namely the happy medium between decentralization, security and scalability.
In addition to the announced results, Andre Conje, Sonic's technical director, also highlights some interesting features of this network compatible with Ethereum Virtual Machine (EVM)One of the most interesting is a native account abstraction, which could facilitate mainstream adoption.
Furthermore, the transaction fee policy is particularly favorable to developers, who receive 90% of the gas.
However, the network will face several challenges. First, it should be noted that the current results are obtained on a testnet in a controlled environment and that it may be difficult to repeat such performances on mainnet. In addition, Sonic will have to succeed in convincing the ecosystem to gain a significant user base, where Fantom has encountered more difficulties.
👉 Also in the news – Bitcoin spot ETF: with $1.2 billion in net outflows, they are experiencing one of their worst periods
For its part, the FTM token has increased by 8.7% in 24 hours and is trading at $0.44.
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Since 2021, I have devoted my free time to seriously training myself on cryptocurrencies in order to acquire as much knowledge and credibility as possible. I often have the opportunity to conduct interviews with influential figures in the blockchain industry. I also conduct in-depth analyses on Web3 themes to offer exclusive content to Cryptoast readers.
Vincent Maire
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