Sonic blockchain reached the final stage of 720ms in the testnet phase
The Sonic blockchain achieved a transaction latency of 720 milliseconds (ms) during the testnet.
In blockchain, finality is the assurance that a transaction is irreversible, which happens after it has been added to the blockchain record.
According to Andre Cronje, creator of Phantom Network and Chief Technology Officer of Sonic Labs, Sonic is the world's fastest Ethereum Virtual Machine (EVM) chain.
Cronje wrote in a September 8 X post:
“400ms responsiveness (perfect for synchronized events). 720ms final stage (true, not possible – no “please wait 30 blocks”).
Sonic testnet, finality numbers. Source: Andre Cronje
After the transaction is completed, most blockchains require several more blocks to make the transaction irreversible, unlike Sonic, which makes this transaction final over 700ms.
Cronje is considered one of the most recognizable figures in Decentralized Finance (DeFi). Previously, Cronje founded Yearn.finance and the Keep3r network.
Andre Cronje, Sonic Labs Chief Technology Officer. Source: Sonic Labs
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Sonic might be the fastest chain at the end.
Even in a testnet environment that can strengthen blockchain performance against real-world environments, Sonic Chain's finality is impressive.
Cronje believes that if Sonic can maintain this number after the main network, it could become the fastest blockchain network by transaction end.
Currently, Solana's mainnet is the fastest blockchain network, with a transaction completion time of 12.8 seconds, according to Chainspect data.
Solana finality and TPS. Source: Chainspect
Although Solana boasts 400-millisecond production times, Solana typically requires 31 block confirmations to reach a true endpoint, unlike Sonic testnet's 420-millisecond achievement.
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Up to 90% of Sonic Gas' payouts go to developers.
Sonic may be the go-to blockchain for builders and developers.
Cronje added that this is mainly because 90% of the transaction fees generated by the network are paid to blockchain developers.
The Phantom Foundation supports Sonic's development. In June, it announced a $120 million Phantom (FTM) token allocation to help developers migrate their projects from Phantom to Sonic Network.
The foundation announced the launch of the Sonic Foundation on May 23 and the development of the Sonic chain.
The Phantom Sonic Foundation will be tasked with overseeing the governance of Sonic, managing the network treasury, organizing partnerships, and developing a decentralized application ecosystem.
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