According to "The Block" report , Fantom Foundation CEO Michael Kong said that Fantom is preparing to launch Sonic, the next iteration of the product after the Opera version. This new chain is expected to be able to process 2,000 transactions per second (2000 TPS), and Achieving sub-second (sub-second) final time is expected to be unveiled in late summer or early autumn this year.
Sonic’s launch plans include strengthening DeFi (decentralized finance) activities on Fantom through support for liquid staking tokens, and expanding its funding program to fund ecosystem development. Kong noted that the team also plans to use Sonic as a "shared sequencer" for other Layer 1 and Layer 2 chains, saying:
“Sonic will be used to create a new best-in-class shared orderer for L1 and L2 chains, capable of processing over 180 million transactions per day with true sub-second confirmation times, and with a new community-focused brand. Basics to restart Fantom."
Alongside the launch of Sonic, Fantom also proposed governance changes, including a new staking mechanism and a more decentralized and secure cross-chain solution that would allow users to bridge funds from Ethereum. Kong added:
“We have developed a Sonic rollup implementation that is the first-class citizen of our validator set, enabling a fully decentralized bridge while leveraging our existing network security and inheriting the economic security of Ethereum. "
With the launch of Sonic, the new cross-chain bridge will become a key infrastructure component for the Fantom Foundation, especially after the Ethereum cross-chain bridge Multichain was hit by a hacker attack last year.
