Sonic is an EVM-compatible Layer 1 blockchain using Proof of Stake and DAG consensus for scalability. It processes transactions in parallel for high throughput and sub-second finality. This enables developers and users to build fast, scalable DeFi and Web3 applications with low fees.
Is Sonic a secure platform?
Sonic guarantees security through Proof of Stake with asynchronous Byzantine Fault Tolerance consensus. It employs audited protocols and includes a fail-safe bridge mechanism ensuring user funds' safety during prolonged failures. Overall, users benefit from strong security with no loss of funds while enjoying fast and resilient services.
How to use Sonic?
First, users connect to Sonic via RPC endpoints or through wallets supporting EVM chains. Second, they can bridge assets securely using Sonic Gateway to transfer assets from Ethereum. Finally, users interact with decentralized apps or stake S tokens for rewards while benefiting from fast transactions.
What services does Sonic offer?
Sonic offers blockchain infrastructure including fast transaction processing, staking, and a native bridging service. Developers monetize fees with a revenue-sharing model incentivizing app growth and usage. Users utilize Sonic for DeFi, NFTs, and cross-chain asset transfers, gaining from low costs and speed.
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