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Cryptocurrency News Articles

Fantom Unleashes Sonic Upgrade, Turbocharging Transactions for DeFi Revolution

Mar 27, 2024 at 02:06 am

Fantom Unleashes Sonic Upgrade, Turbocharging Transactions for DeFi Revolution

Fantom Revamps Brand with Sonic Upgrade: What's in Store?

The Fantom Foundation is poised to unleash Sonic, an upgrade that promises to turbocharge transaction speeds to an astounding 2,000 TPS, revolutionizing decentralized finance (DeFi) operations.

Faster Transactions and DeFi Enhancements

When Sonic hits the scene in late summer or early fall, it will introduce a suite of features designed to amplify blockchain efficiency. Liquid staking and a shared sequencer for layer 1 and layer 2 chains will unlock a new level of speed and synchronization.

Increased Transaction Capacity

Get ready for a transaction processing bonanza! Sonic is expected to support a whopping 180 million transactions daily, complete with immediate confirmation. That's a tenfold surge in processing power, ensuring seamless and lightning-fast transactions.

Brand Revamp and User Focus

Fantom is doubling down on its brand strategy, retooling services to meet the demands of a rapidly expanding user base. Sonic is a cornerstone of this initiative, showcasing the platform's commitment to providing reliable and ultra-fast blockchain transactions.

Security Enhancements and Ethereum Bridging

Sonic doesn't stop at performance enhancements. It also bolsters the platform's security with a fortified bridging solution for Ethereum.

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Other articles published on Jan 09, 2025