Sonic is a Layer-1 blockchain created by Sonic Labs, led by Andre Cronje, that focuses on fast speeds and helping developers earn money from their work. It can handle up to 10,000 transactions per second and confirms transactions in less than one second. Sonic aims to solve common blockchain problems of speed, security, and developer monetization. It connects to Ethereum through its native Gateway bridge, allowing users to move tokens between the two networks seamlessly. Sonic's Fee Monetization system redistributes transaction fees to developers, providing a sustainable way for them to earn income. The tokenomics of Sonic involve a gradual release of tokens to the community, controlling the total supply and preventing inflation. The network also offers the Sonic Gems Program, which rewards developers based on app usage. With its technical features, economic incentives, and compatibility with Ethereum, Sonic aims to drive mainstream adoption of Web3 technologies and compete effectively in the Layer-1 blockchain market.



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