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Blockchain News

Sonic Blockchain Achieves 720ms Transaction Finality in Testnet Phase

Written By:
Iyiola Adrian

Last updated: September 9, 2024 11:45 AM
Published 2024-09-08
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Sonic Blockchain Achieves 720ms Transaction Finality in Testnet Phase

The Sonic blockchain has achieved a transaction finality time of 720 milliseconds (ms) during its testing phase, which makes it one of the fastest blockchain networks around. 

Finality in blockchain means a transaction is permanent and can’t be undone once it’s recorded.

Andre Cronje, the Chief Technology Officer of Sonic Labs and creator of the Fantom Network, shared this update on September 8 citing that Sonic has a response time of 400 ms and finalizes transactions in just 720 ms.

https://twitter.com/AndreCronjeTech/status/1832634461697273997

Unlike other blockchains that need several confirmations to ensure a transaction is secure, Sonic completes this process in a fraction of the time.

“Sonic has 400ms responsiveness, perfect for real-time events, and 720ms true finality,” Cronje said in a post on X (formerly Twitter).

Although Sonic is still in its testnet phase, Cronje believes it could become the fastest blockchain when it launches its mainnet.

Currently, Solana is the fastest mainnet blockchain, with a transaction finality of 12.8 seconds. However, Sonic’s testnet numbers have to outperform Solana in this area.

Another key feature of Sonic is its developer-focused approach. Up to 90% of the gas fees generated by the network will go to developers, making it an appealing platform for blockchain builders.

Also Read: Sui Blockchain Develops “Internet-Less” Crypto Transactions

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Iyiola - Crypto Journalist at The Crypto Times
By Iyiola Adrian
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Iyiola is an experienced crypto writer specializing in simplifying complex blockchain and cryptocurrency topics for a broad audience. With expertise in ICOs, DeFi, NFTs, and regulatory updates, he offers valuable insights to help readers make informed decisions.

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