Sonic Labs Says Its Layer-1 Blockchain Will Go Live Soon Following Its Genesis Block

Sonic
Labs,
a
layer-2
blockchain
project
that
is
a
split
off
of
the
Fantom
network,
announced
that
its
new
blockchain
will
go
live
“soon”
after
it
recently
produced
its
first
block
of
transactions.

“Genesis
achieved.
Block
zero.
Infrastructure
deploying.
Public
soon,”
the
project
said
in
a
Dec.
2
X
post.

Sonic
Mainnet
Follows
“Incredible
Performance
Enhancements”
Achieved
Through
Testnet
2.0
Launch

The
new
Sonic
mainnet
is
a
successor
to
the


Fantom

Opera
network.
This
rebranding
to
Sonic
will
include
enhanced
network
performance,
reduced
latency
and
much
lower
transaction
fees.

Genesis
achieved.

Block
zero.

Infrastructure
deploying.

Public
soon.

—
Sonic
Labs
(prev.
Fantom)
????
(@0xSonicLabs)

December
2,
2024

The
move
toward
the
public
mainnet
launch
follows
shortly
after
Sonic
Labs
unveiled
its
“testnet
2.0”
called
Blaze
on
Dec.
1.
Blaze
comes
with
compatibility
for
the
Ethereum
Virtual
Machine
(EVM),
and
saw
“incredible
performance
enhancements,”
according
to
a
statement
released
in
late
November.

Ultimately,
Sonic
aims
to
achieve
sub-second
finality
as
well
as
set
a
precedent
for
high-performance
in
the
Web3
space
with
10,000
transactions
per
second.
During
its
first
221,000
blocks,
the
Blaze
testnet
posted
an
average
block
time
of
1.17
seconds
and
a
transaction
finality
of
0.85
seconds. 

Sonic
Labs
Says
Airdrop
Snapshot
Already
Taken

This
past
Sunday,
Sonic
Labs
shared
that
it
has
taken
the
“snapshot’
for
its
upcoming
airdrop.
Once
the
Sonic
layer-1
mainnet
has
launched,
the
network’s
native
token
will
use
the
ticker
$S.
These
new
tokens
can
then
also
be
traded
on
a
1:1
ratio
with
Fantom’s
current
FTM
tokens.

Along
with
the
launch
of
the
Sonic
mainnet,
the
project
will
deploy
an


Ethereum

bridge
called
the
Sonic
Gateway
as
well.
This
tool
will
enable
the
new
platform
to
leverage
Ethereum’s
deep
liquidity
while
simultaneously
maintaining
its
high
speeds
and
low
transaction
costs.

There
will
also
be
a
shared
sequencer
within
the
Sonic
ecosystem,
which
will
allow
the
network
to
produce
and
secure
blocks
from
multiple
rollups.

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