Press ESC to close

The emergence of Sonic and what it means for DeFi: Report

Cointelegraph.com NewsWhy did Fantom reinvent itself as Sonic?Fantom was one of the pioneers of the directed acyclic graph (DAG) design for distributed ledgers. It featured fast finality and transaction fees of a fraction of a cent. However, Fantom relied on the Ethereum-derived account storage model and the EVM, which led to bloated storage and slow execution times.To address these bottlenecks and… 

​Why did Fantom reinvent itself as Sonic?Fantom was one of the pioneers of the directed acyclic graph (DAG) design for distributed ledgers. It featured fast finality and transaction fees of a fraction of a cent. However, Fantom relied on the Ethereum-derived account storage model and the EVM, which led to bloated storage and slow execution times.To address these bottlenecks and… 

Leave a Reply

Your email address will not be published. Required fields are marked *