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- Sonic achieves 720ms true transaction finality, eliminating the need for multiple block confirmations.
- Developers earn 90% of gas fees on Sonic, with no gas required from users for transactions.
The Sonic chain has made tremendous advances in blockchain technology with its most recent achievement. With a transaction finality of 720 milliseconds, the network has set a new standard for speed in blockchain. Traditionally, blockchains required multiple block confirmations to prove that a transaction was irreversible.
400ms responsiveness (perfect for synchronous events)
720ms finality (true, not probabilistic – no "please wait 30 blocks")Gas Monetization = 90% fees generated goes to devs
Gas Subsidies = no gas required
Native Account Abstraction = No wallets pic.twitter.com/VVHlk054Hn— Andre Cronje (@AndreCronjeTech) September 8, 2024
Sonic Swift Finality and Developer-Friendly Incentives Revolutionize Blockchain Efficiency
Sonic, on the other hand, eliminates this delay and delivers “true finality” in little over 700 milliseconds. This swift finality is noteworthy, especially given that other blockchain networks, like as Solana, require numerous block confirmations to attain genuine finality, which takes longer despite their high block creation times.
Sonic’s responsiveness is another significant attribute, with the network achieving a 400-millisecond response time, which is optimal for synchronous activities.
Sonic stands apart from many of its blockchain competitors thanks to its high level of efficiency. Sonic’s near-instantaneous responsiveness could enable real-time applications that demand quick transaction confirmation and processing.
The Sonic chain also provides unique economic incentives to developers. Developers receive up to 90% of the network’s gas costs, making it an appealing platform for developing decentralized applications.
This gas monetization approach not only helps to build the developer community, but it also promotes innovation by providing a profitable environment for creating on the Sonic blockchain.
Gas-Free Transactions and Walletless Interaction Simplify Blockchain Access
Sonic also offers a gas subsidy system, which eliminates the need for users to pay for gas. This is a big departure from how blockchain transactions are generally conducted, in which users are frequently obliged to pay fees to ensure their transactions are completed.
Sonic’s goal with this subsidy is to make the network more accessible and user-friendly, removing one of the most prevalent hurdles to engaging with blockchain technology.
Another important aspect of the Sonic blockchain is its native account abstraction, which eliminates the need for traditional wallets.
Users can communicate with the blockchain without having to create wallets, which can be time-consuming for novice users. This abstraction simplifies the user experience, potentially increasing the platform’s accessibility to a larger audience.
The Sonic blockchain has achieved tremendous advancements in blockchain technology with its most recent accomplishment. With a transaction finality of 720 milliseconds, the network has set a new standard for speed in blockchain.
Traditionally, blockchains required multiple block confirmations to prove that a transaction was irreversible. Sonic, on the other hand, eliminates this delay and delivers “true finality” in little over 700 milliseconds.
This swift finality is noteworthy, especially given that other blockchain networks, like Solana, require numerous block confirmations to attain genuine finality, which takes longer despite their high block creation times.
Sonic’s responsiveness is another significant attribute, with the network achieving a 400-millisecond response time, which is optimal for synchronous activities.
Sonic stands apart from many of its blockchain competitors thanks to its high level of efficiency. Sonic’s near-instantaneous responsiveness could enable real-time applications that demand quick transaction confirmation and processing.
The Sonic chain also provides unique economic incentives to developers. Developers receive up to 90% of the network’s gas costs, making it an appealing platform for developing decentralized applications.
This gas monetization approach not only helps to build the developer community, but it also promotes innovation by providing a profitable environment for creating on the Sonic blockchain.
Sonic also offers a gas subsidy system, which eliminates the need for users to pay for gas. This is a big departure from how blockchain transactions are generally conducted, in which users are frequently obliged to pay fees to ensure their transactions are completed.
Sonic’s goal with this subsidy is to make the network more accessible and user-friendly, removing one of the most prevalent hurdles to engaging with blockchain technology.
Another important aspect of the Sonic blockchain is its native account abstraction, which eliminates the need for traditional wallets. Users can communicate with the blockchain without having to create wallets, which can be time-consuming for novice users.
On the other hand, CNF previously reported that Sonic Labs has integrated Chainlink Data Feeds and CCIP, empowering developers with advanced tools to build secure on-chain apps.
Meanwhile, as of writing, the price of its native token, FTM (later will be renamed as S), is trading at around $0.4411, up 8.00% over the past 24 hours. This performance makes FTM among the top 5 gainers today.
