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Fantom: Opera's upgrade to Sonic has officially started, and will achieve 2,000 TPS at sub-second speeds

CointimeCointime2024/05/29 16:10
By:Cointime

Fantom has announced that the upgrade of the existing Opera chain has reached the necessary 66% consensus level, indicating its official launch. The release date is consistent with the expectation set at the beginning of the Sonic testnet phase in October last year, and the project has progressed smoothly without any delays. Opera is now expected to achieve the following goals: about 2,000 TPS (about 1 second determinacy) for variable/hybrid/complex transactions, about 4,000 TPS (about 1.3 seconds completion) for token swap transactions, and about 10,000 TPS (about 1.6 seconds completion) for token transfer transactions. The storage requirements of validator nodes are reduced by about 66%, and the operating costs of archive nodes are reduced by about 95%. In addition, Fantom will share more details about the technology, token economics, audience participation plan, partnership relationships, brand, and strategic direction of its upcoming chain in the coming weeks and months. Previously in October last year, Fantom launched the "Fantom Sonic" testnet, and this technology stack will replace Opera.

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