Sonic Labs co-founder Andre Cronje recently talked about Sonic on a podcast. Here are some key points:
Uniswap usage generates $3 billion in revenue for ETH validators. In a fair world, Uniswap should get most of the money. With this in mind, Sonic plans to give 90% of the fees to application owners instead of validators;
- Sonic applies efficiencies from other disciplines in database design and virtual machine design that other blockchains ignore due to the l33t haXOR spirit. As a result, Sonic achieves huge and unique performance gains;
- ETH is like MySpace (probably), it can no longer move fast and break things, so it will experience Blackberryification;
-Most chains solve technical challenges and then look for the problems it can solve. Sonic does the opposite and solves real-world problems first.
Earlier news, Sonic Labs (formerly Fantom) officially announced in the X trailer that Sonic will be launched on a certain day in December. Sonic Labs CEO Michael Kong added that it is not the 27th or 31st, which may imply that it will be launched earlier in the month.
