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Fantom: Opera's upgrade to Sonic has been officially launched and will handle 2,000 TPS at sub-second speeds.

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2024-05-29 23:56:05
Fantom officially announced that the upgrade of the existing Opera chain has reached the necessary 66% consensus level, marking its official launch. This release date is in line with the expectations set at the start of the Sonic testnet phase last October, and the project is progressing smoothly without any delays. Opera is now on track to achieve the following goals: Variable/hybrid/complex transactions achieve about 2,000 TPS (about 1 second certainty), token swap transactions achieve about 4,000 TPS (about 1.3 second completion), token transfers achieve about 10,000 TPS (about 1.6 second completion), validator node storage requirements are reduced by about 66%, and archive nodes reduce operating costs by about 95%.
In addition, Fantom will share more details on its upcoming blockchain technology, token economics, audience engagement initiatives, partnerships, branding, and strategic direction in the coming weeks and months.
This follows news last October that Fantom launched the "Fantom Sonic" testnet, a technology stack that will replace Opera.