Fantom, now under the name Sonic Labs, has officially released the Sonic Protocol on the mainnet. This is a high-throughput, Ethereum Virtual Machine (EVM)-compatible layer-1 blockchain platform. The launch marks a significant step as it aims to provide developers with appealing incentives and robust infrastructure for crafting decentralized applications (DApps). The preparation for this release involved months of development and making adjustments based on feedback from the community.
The transition to this new protocol reflects Fantom's commitment to enhancing the developer ecosystem and potentially reviving interest in FTM. It remains to be seen how this will impact the future of Fantom's presence in the blockchain space.
