Renowned trader Anselm switching from playing fan fiction to promoting Sonic (formerly Fantom)? AC and Monad team members have an online dispute
Anselm posts optimistic about Sonic
Ansem, a well-known trader who had previously successfully bet on the Solana ecosystem and even pushed the meme WIF to the top of the conversation, seems to have shifted his focus to Sonic (formerly Fantom) recently. The memory blockchain network Fantom officially changed its name to Sonic Labs in early August and will launch Sonic, the fastest EVM compatible chain for transaction processing. The new network will also come with a brand new native token S.
Although Anselm's reputation has been affected by a series of events related to the 'Celebrity Token', it still has some influence in the cryptocurrency community.
Anselm first claimed in a tweet that Fantom Sonic could be a potential dark horse for the fourth quarter, and then posted a tweet listing a series of Sonic's advantages, including:
- 10000 TPS L2 cross chain bridge, with 90% of the gas costs flowing back to applications at the sub second level of finality and chain level incentive measures supporting all the best Ethereum tools and integrating 5 new DeFi native features. Sonic Foundation has a 500 million treasury
Anselm concluded that Sonic will look and feel like Ethereum's L2, but using the native token "S" as Gas, it will be faster and more efficient.
give tit for tat
It is interesting that Anselm's' milk text 'has also raised some doubts. Tunez, a member of Monad's ecosystem marketing team, publicly criticized Sonic's claim that the network can reach 10000 TPS based on on on chain operations of "transferring tokens" is dishonest.
In response to Tunez's criticism, Sonic's technical director Andre Cronje played a straight ball match under Tunez's message. Andre Cronje stated that the TPS of Sonic's memory blockchain is acceptable for external validation, and the code is publicly available for anyone to run and independently verify. The criticism of "dishonesty" is quite inappropriate.
In addition, Andre Cronje also criticized the Monad team for emphasizing their improvement focus on parallel EVM 12 months ago, but in reality, these improvements only improved performance by about 30% at most. Now, the Monad team has changed their statement and believes that the problem lies in the database. Perhaps 12 months later, the Monad team may say that the problem actually lies in the virtual machine.
Regarding Andre Cronje's tough response, Tunez claimed that what he wanted to express was that a successful memory blockchain would contain many very diverse transaction types. The 'number of transfers per second' itself is a meaningless indicator, and marketing it as a characteristic will not help anyone. Andre Cronje responded to this by saying:
I completely agree, but this also raises a question, why is your team so obsessed with this metric? Sonic has always focused on the final confirmation time and true finality of transactions, and you will notice that we consider it the most important metric because it can improve performance, response speed, and security. This not only improves the user experience, but also enhances the developer experience, so we consider it as our guiding goal. TPS is only a secondary outcome after pursuing this goal. However, perhaps we can temporarily set aside this discussion and wait for Monad to have public results before discussing further
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