Table of Contents
ToggleAnsem issued a post optimistic about Sonic
Ansem, a well-known trader who has successfully bet on the Solana ecosystem before and even pushed the meme currency WIF to the peak of the topic, seems to have begun to shift his focus recently and put his attention on Sonic (formerly Fantom). Blockchain network Fantom officially changed its name to Sonic Labs in early August and will launch Sonic, an EVM-compatible chain with the fastest transaction processing speed. The new network will also come with a new native token S.
Although Ansem's reputation has been affected by a series of incidents involving "celebrity tokens", it still has a certain influence in the cryptocurrency community.
Ansem first claimed in a tweet that Fantom Sonic may be a potential dark horse in the fourth quarter, and then issued a tweet listing a series of Sonic's advantages, including:
- 10,000 TPS
- L2 cross-chain bridge
- 90% of gas costs are returned to the application
- Sub-second finality
- Chain-level incentives
- Supports all the best Ethereum tools and integrations
- 5 new DeFi native features
- The Sonic Foundation has a treasury of 500 million
Ansem concluded that Sonic will look and feel like Ethereum's L2, but use the native token "S" as Gas, which is faster and more efficient.
tit for tat
Interestingly, Ansem’s “milk article” also attracted some doubts. Monad ecological marketing member Tunez publicly criticized in the comments, believing that Sonic is dishonest in claiming that the network can reach 10,000 TPS based on the on-chain operation of "transferring tokens".
In response to Tunez's criticism, Sonic technical director Andre Cronje directly criticized Tunez's comments. Andre Cronje said that Sonic blockchain's TPS can be externally verified, and the code is also public. Anyone can run it and conduct independent verification. The criticism of "dishonest" is quite inappropriate.
In addition, Andre Cronje also complained that the Monad team emphasized 12 months ago that their improvements focused on parallel EVM, but in fact these improvements only improved performance by about 30% at most. Now, the Monad team has changed its story and believes that the problem lies in the database. Perhaps 12 months later, the Monad team may say that the problem actually lies in the virtual machine.
In response to Andre Cronje's tough reply, Tunez claimed that what he was trying to say was that a successful blockchain would contain many very diverse transaction types. “Transfers per second” itself is a meaningless metric, and marketing it as a feature is not helpful to anyone. In response, Andre Cronje responded:
“Absolutely agree, but it also begs the question, why are your team so obsessed with this metric? Sonic has always been focused on final confirmation time and true finality of transactions, and you’ll notice that we view this as the most important metric. , because it improves performance, responsiveness, and security, which not only improves the user experience, but also improves the developer experience, so we see it as a secondary outcome of our guiding goal. . However, maybe we can put this discussion on hold until Monad has public results."
