What is happening to Fantom?

Fantom, a prominent blockchain network, is gearing up for a significant upgrade known as Sonic. This upcoming development holds immense potential to revolutionize the platform's capabilities and elevate its standing within the cryptocurrency ecosystem.

At the heart of the Sonic upgrade lies the introduction of a groundbreaking Fantom Virtual Machine (FVM). This innovative feature promises to broaden the network's functionality, enabling developers to build and deploy decentralized applications (dApps) with unparalleled efficiency and scalability.

Furthermore, the Sonic upgrade will incorporate an optimized Lachesis consensus mechanism. This refined algorithm is designed to streamline the process of verifying and securing transactions on the Fantom blockchain, thereby enhancing overall network performance and ensuring seamless user experiences.

In addition to the FVM and optimized consensus mechanism, the Sonic upgrade will also introduce Carmen database storage. This advanced storage solution is expected to further bolster the network's capacity, allowing it to handle an even greater volume of transactions and data with ease.

Specifically, BTCC, a leading cryptocurrency exchange, stands to benefit greatly from the Sonic upgrade. As a comprehensive platform offering a wide range of services, including spot trading, futures trading, and secure wallets, BTCC will be able to leverage the enhanced performance of the Fantom network to provide even more seamless and efficient trading experiences for its users.