This Altcoin Foundation Announces Ambitious Plan to Significantly Increase Blockchain Transaction Speeds!

Led by CEO Michael Kong Phantom Foundationits latest venture in a groundbreaking move that will reshape blockchain technology. sonic explained.

Fantom Announces Ambitious Plan to Revolutionize Blockchain Transaction Speeds

This project aims to deliver a revolutionary ‘shared sequencer’ that can significantly increase transaction processing speeds across multiple blockchains.

Slated for release in late summer or early fall this year, Sonic has an impressive efficiency of 2,000 transactions per second (TPS) with sub-second accuracy.

This marks a significant jump from Fantom’s current version of Opera, which supports 200 TPS.

Kong expressed optimism about Sonic’s potential to redefine the DeFi (Decentralized Finance) landscape on Fantom, noting that it is facilitating liquid stake tokens and expanding grant programs to support development initiatives.

However, Sonic’s scope extends beyond Phantom’s ecosystem. Kong explained that he plans to use Sonic as a “shared sequencer” for both Layer 1 and Layer 2 chains, positioning it as a foundational element for multiple blockchain networks.

This shared sequencer concept, similar to a pool of sequencers serving several rollups simultaneously, aims to streamline transaction processing and increase scalability.

Notable examples being developed alongside Sonic include Espresso, Astria, and FairBlock. Additionally, Fantom had explored integrating optimistic recoveries to bridge connections with Ethereum the previous year.

*This is not investment advice.