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    Home»Markets»Sonic Labs Says Its Layer-1 Blockchain Will Go Reside Quickly Following Its Genesis Block
    Sonic Labs Says Its Layer-1 Blockchain Will Go Reside Quickly Following Its Genesis Block
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    Sonic Labs Says Its Layer-1 Blockchain Will Go Reside Quickly Following Its Genesis Block

    By Crypto EditorDecember 3, 2024No Comments3 Mins Read
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    Sonic Labs, a layer-2 blockchain challenge that could be a break up off of the Fantom community, introduced that its new blockchain will go reside “quickly” after it lately produced its first block of transactions.

    “Genesis achieved. Block zero. Infrastructure deploying. Public quickly,” the challenge stated in a Dec. 2 X submit.

    Sonic Labs Says Its Layer-1 Blockchain Will Go Reside Quickly Following Its Genesis Block

    Sonic Mainnet Follows “Unimaginable Efficiency Enhancements” Achieved By way of Testnet 2.0 Launch

    The brand new Sonic mainnet is a successor to the Fantom Opera community. This rebranding to Sonic will embrace enhanced community efficiency, lowered latency and far decrease transaction charges.

    Genesis achieved.

    Block zero.

    Infrastructure deploying.

    Public quickly.

    — Sonic Labs (prev. Fantom) 💥 (@0xSonicLabs) December 2, 2024

    The transfer towards the general public mainnet launch follows shortly after Sonic Labs unveiled its “testnet 2.0” known as Blaze on Dec. 1. Blaze comes with compatibility for the Ethereum Digital Machine (EVM), and noticed “unimaginable efficiency enhancements,” in keeping with a press release launched in late November.

    In the end, Sonic goals to realize sub-second finality in addition to set a precedent for high-performance within the Web3 area with 10,000 transactions per second. Throughout its first 221,000 blocks, the Blaze testnet posted a median block time of 1.17 seconds and a transaction finality of 0.85 seconds. 

    Sonic Labs Says Airdrop Snapshot Already Taken

    This previous Sunday, Sonic Labs shared that it has taken the “snapshot’ for its upcoming airdrop. As soon as the Sonic layer-1 mainnet has launched, the community’s native token will use the ticker $S. These new tokens can then even be traded on a 1:1 ratio with Fantom’s present FTM tokens.

    Together with the launch of the Sonic mainnet, the challenge will deploy an Ethereum bridge known as the Sonic Gateway as nicely. This instrument will allow the brand new platform to leverage Ethereum’s deep liquidity whereas concurrently sustaining its excessive speeds and low transaction prices.

    There will even be a shared sequencer throughout the Sonic ecosystem, which can permit the community to provide and safe blocks from a number of rollups.

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