what is the goal of sonic
what is the goal of sonic
i would like to know the goal of sonic
Re: what is the goal of sonic
Sonic is a next-generation, Ethereum Virtual Machine (EVM)-compatible Layer 1 blockchain designed to deliver high speed, security, and scalability. Its primary goal is to provide a robust foundation for decentralized applications (dApps), smart contracts, and innovative projects. Sonic achieves this by processing up to 10,000 transactions per second with sub-second finality, making it one of the fastest blockchain solutions available.
A key objective of Sonic is to foster developer engagement and innovation through its Fee Monetization (FeeM) program. This initiative allows developers to earn up to 90% of the fees generated by their applications, creating a sustainable revenue stream and encouraging the development of new dApps within the Sonic ecosystem.
Sonic also emphasizes seamless interoperability with Ethereum via its native decentralized bridge, the Sonic Gateway. This feature enables efficient asset transfers between Sonic and Ethereum, facilitating access to a broader range of liquidity options, users, and protocols.
A key objective of Sonic is to foster developer engagement and innovation through its Fee Monetization (FeeM) program. This initiative allows developers to earn up to 90% of the fees generated by their applications, creating a sustainable revenue stream and encouraging the development of new dApps within the Sonic ecosystem.
Sonic also emphasizes seamless interoperability with Ethereum via its native decentralized bridge, the Sonic Gateway. This feature enables efficient asset transfers between Sonic and Ethereum, facilitating access to a broader range of liquidity options, users, and protocols.