Hassan Maishera
The Fantom Foundation unveiled its Sonic Technology in a blog post on Monday. According to the Fantom team, Sonic is the most scalable and secure blockchain technology ever. Sonic’s ability to process 2,000 TPS at sub-second finality represents a huge evolution from Opera’s 200 TPS.
The Foundation explained that Sonic will be used to create a new best-in-class shared sequencer for L1 and L2 chains, capable of processing over 180 million daily transactions with real, sub-second confirmation times. It will also serve as the foundation to relaunch Fantom as an entirely new community-centric brand.
Fantom is building a programmable platform on a directed acyclic-graph-based distributed ledger. Fantom’s FTM coin is down by 5% in the last 24 hours and is currently trading at $1.0743.
