On October 24, we announced Fantom Sonic and released its testnet environment to the public. The network upgrade will scale Fantom to beyond 2,000 transactions per second with a one-second finality while reducing storage requirements by up to 90%.
The Sonic open testnet allows users to interact with Sonic by submitting transactions and performing swaps to experience its incredible performance directly, as demonstrated in this tutorial. Make sure that you have added the Sonic open testnet network to your wallet and connected to the dashboard before continuing the tutorial.
Claim testnet FTM
Once you enter the account page of the Sonic open testnet dashboard, head to the Faucet section. This feature allows you to request FTM and various other tokens that can be used with Sonic Trade or other dApps deployed on the testnet. Each request grants you ten tokens, but you can only claim each token a maximum of five times daily.
Choose your desired token from the dropdown and click Request. Sign the action in your connected wallet, and you will receive the token instantly. We recommend requesting FTM and a bunch of the other tokens as you will need them to perform swaps in the next section.
Stay on the account page of the Sonic open testnet dashboard and head to the Sonic Trade section. This feature allows you to experience Sonic’s lightning-fast speed by performing swaps between the tokens you requested in the previous section.
In the From box, choose one of the tokens you requested, and in the To box, choose a token for which you want to swap it. Click Swap and confirm the action in your wallet. The swap should be completed in less than a second.
With the Sonic open testnet explorer, you can view the swap transaction and its details, including timestamp, gas used, transaction fee, and more.
Frequently asked questions
The launch of Sonic comprises three main components that scale Fantom to new heights:
● A new virtual machine, the Fantom Virtual Machine (FVM), which increases our transaction throughput significantly while maintaining ultra-short finality.
● A new database storage, Carmen, which reduces storage requirements by up to 90%, providing greater cost efficiency for validators and accelerating the Foundation’s ability to deploy archive nodes from weeks to approximately 36 hours.
● An optimized Lachesis consensus mechanism, which brings a vastly improved transaction pool.
Fantom Sonic is in its testnet stage at the moment and will roll out as a mainnet to replace Fantom Opera in spring 2024. Currently, Sonic offers two different testnets: the closed testnet aims to showcase the maximum theoretical limits of Sonic, whereas the open testnet is interactive, allowing any user to experience Sonic directly.
Most importantly, this new virtual machine allows Fantom validators to execute smart contracts more efficiently.
The closed testnet is viewable only and aims to showcase the maximum theoretical limits of Sonic, whereas the open testnet is interactive, allowing any user to experience Sonic directly.
However, there may be even more significant performance gains with further testing that may require a hard fork in the future, but the current plan is not to hard fork Fantom Opera.