Fantom Officially Changes Name to Sonic Labs

Bittime - Fantom, a blockchain project known for its speed and efficiency, officially announced its name change to Sonic Labs, as well as plans to launch a new Ethereum Virtual Machine (EVM) chain called Sonic.

Fantom Transformation Into Sonic Labs

Tim Fantom announced that it has officially changed the name of the project to Sonic Labs. This is a strategic move to strengthen the new brand identity across digital platforms. With the launch of the Sonic Labs brand, the project also launched a new official site designed to support the transition to Sonic's upcoming EVM chain.

Sonic, the Fastest EVM Chain

Sonic is the newest EVM chain which the Sonic Labs team claims is the fastest EVM chain currently available. This speed, coupled with enhanced security, will provide a secure path for users to access the Ethereum network. 

Sonic is designed to be a bridge between the Ethereum network and the new EVM chain, allowing users to take advantage of speed and low transaction fees without having to leave the Ethereum ecosystem.

Guide to Migrating to Sonic

Ahead of Sonic's official launch, the Sonic Labs team promised to provide detailed guidance for users, developers, stakers and validators regarding the migration process to this new chain. 

This is important to ensure that all parties involved in the previous Fantom ecosystem can seamlessly transition to Sonic without losing access to the assets or services they use.

In their statement, the Sonic Labs team emphasized their commitment to continuing to support the existing Opera chain. This means that even if there is a switch to the new chain, users who want to stay with Opera will still get full support from the team.

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You can buy and sell crypto assets in an easy and safe way through Bittime. over is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

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