The Fantom Foundation is gearing up for the inaugural release of Fantom Sonic, which promises to elevate blockchain operations to a new level.

This organization is dedicated to overseeing the progress and innovation within the Layer 1 blockchain framework. Fantom , Fantom Foundation , announced the release of Fantom Sonic The launch of Fantom Sonic aims to introduce a new shared sequencer for both Layer 1 and Layer 2 blockchains, with a rollout anticipated in late summer or early fall this year.

A shared sequencer serves as a protocol responsible for generating blocks across multiple rollups simultaneously, essentially acting as a collective pool of sequencers available for various rollups.

Fantom Sonic is notably powerful, capable of handling 2,000 transactions per second (TPS) with finality achieved in less than a second. This represents a significant upgrade from the current Opera network of the Fantom Foundation, which manages about 200 TPS. Additionally, it can handle over 180 million transactions daily, providing near-instant confirmations.

The launch of Fantom Sonic brings with it strategic plans aimed at enhancing decentralized finance (DeFi) activities on the Fantom platform. This includes improved support for liquid staking tokens and expanding grant initiatives to finance new development projects.

In conjunction with the rollout of Fantom Sonic, the Fantom Foundation is also looking to present a governance proposal that will introduce innovative staking methods and a fortified, decentralized bridging solution for users to transfer their assets.

"We have developed a Sonic rollup implementation that’s integrated as a core part of our validator setup, ensuring total decentralization of the bridge. This takes advantage of our current network security while also benefiting from Ethereum’s economic security,” stated Michael Kong, CEO of the Fantom Foundation, in an official statement. Ethereum The introduction of Fantom Sonic also prioritizes the development of a new bridge, which has become crucial infrastructure for the foundation, particularly after last year’s security challenges with a cross-chain bridge connecting to Ethereum.

Among various initiatives, the Fantom Foundation plans to launch grant programs for developers and a rewards system for users of both the Opera Network and Sonic Fantom. Moreover, they are looking to unveil Sonic Superset, delve into zero-knowledge execution scaling, and introduce a canonical stablecoin. Multichain , which resulted in a loss of $210 million.  

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