Name : Sonic (S)
Consensus Mechanism : Proof of Stake
Shariah Judgement
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Last Screening: Q4 2024
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Overview
Sonic is a fast and developer-friendly Layer-1 blockchain that supports Ethereum-based apps. It processes over 10,000 transactions per second with sub-second confirmation times and offers secure integration with Ethereum for better liquidity and asset safety. Sonic Labs manages community engagement and supports growth through partnerships and user acquisition. The network is governed by a treasury system that ensures smooth operations. Developers can earn up to 90% of the fees their apps generate, similar to revenue-sharing models, and the platform has set aside 200 million S tokens to attract new apps and ventures.
Whitepaper & Documents
Sharlife uses TradingView technology to present price information through charts. TradingView serves as a charting platform catering to a worldwide community of traders and investors. With robust support across browsers, desktops, and mobile applications, the platform offers exceptional access to real-time data such as Dow Futures and BTC USD Chart, as well as the latest news, financial reports, stock screener, and economic .
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