Fantom has launched Sonic, a new blockchain network designed to overcome the limitations of earlier versions that relied on Ethereum's model. Sonic utilizes the SonicVM execution engine, which speeds up smart contract processing by translating EVM bytecode into a more efficient format. It also features SonicDB, which segregates on-chain data into two databases to reduce storage needs by up to 90%. The mainnet includes a new token, S, convertible from FTM, with a non-inflationary structure for the first six months after its launch.
Sonic's architecture ensures compatibility with existing Fantom smart contracts while introducing a new execution engine and database design for enhanced performance.
With the SonicVM and SonicDB, Fantom aims to significantly improve transaction speed and storage efficiency compared to its previous iterations.
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