The Fantom Foundation has announced the launch of testnets for its upcoming revamped tech stack, Sonic, on the 24th of October.
The team at Fantom has stated it estimates around 6700% throughput gain, claiming Sonic’s throughput would compete with major banks and credit card companies.
Fantom Announces Testnets
The Fantom Foundation announced the news in a blog post, in which it estimated that Sonic would be able to support 2048 transactions per second (TPS). It would also have an average finality of 1.1 seconds. The Sonic upgrade also aims to achieve a 90% reduction in database storage, along with lowered collateral requirements of 50,000 FTM tokens for stakers. Additionally, the upgrade will launch a new virtual machine.
“We are thrilled to announce Fantom Sonic, the latest breakthrough upgrade to Fantom that will scale the network to new heights. With a brand-new virtual machine, improved database storage, and optimized consensus, Sonic is anticipated to achieve 2,000+ t
We współpracy z: https://cryptodaily.co.uk/2023/10/fantom-ftm-analysis-fantom-foundation-launches-testnets-for-upcoming-sonic-upgrade
