Sony revolutionizes its Soneium blockchain with AltLayer and EigenLayer

Sony's Soneium blockchain has become faster and more efficient thanks to a new finality layer developed in collaboration with AltLayer and EigenLayer.

The second-layer blockchain solution developed by Sony Block Solutions Labs, Soneium, is marking a significant advancement in the integration of Web3 technology into everyday life. One of its most notable innovations is the implementation of a new layer of finality, which reduces transaction confirmation time from 15 minutes to less than 10 seconds. 

With this leap in speed, Soneium not only improves the user experience, but also strengthens trust and security in decentralized applications or DApps, since finality is the point at which a transaction becomes irreversible and safe. 

The implementation of this new transaction finality layer has been made possible through strategic partnerships with AltLayer and EigenLayer, which allow Soneium to leverage Ethereum's economic security and share it with other networks. Soneium thus eliminates the dependence on centralized sequencers and facilitates secure and seamless transfers of data and assets between different blockchains.

Additionally, Soneium leverages Optimism's OP Stack to ensure scalability and compatibility with Ethereum, positioning itself as an attractive option compared to other Layer 2 solutions. 

The collaboration between Sony, AltLayer, EigenLayer and Astar Network demonstrates a shared commitment to overcoming the key challenges of mass Web3 adoption: speed, security and ease of use, making Soneium a more robust and accessible network, ready to power new applications in gaming, entertainment, finance, and more, bringing blockchain technology to a much wider audience.

Soneium ensures near-instant finality of your transactions

In a recent publication, Soneium announced that the implementation of the «Fast Finality Layer» marks a before and after for the network. 

Previously, transaction confirmations could take several minutes, or even hours, leading to frustration and limiting the adoption of this technology in applications requiring speed and efficiency. Now, with confirmation times under 10 seconds, Soneium offers a much smoother and more reliable user experience.

Sony highlighted that Fast Finality Layer is a Verifiable Autonomous Service (AVS), built by AltLayer and powered by EigenLayer AVS that provides decentralized verification of transitions on Soneium to deliver near real-time confirmations. 

The development of this finality layer is especially relevant in the context of decentralized finance (DeFi), where Speed ​​and safety are crucial to the success of operationsFor example, fast asset swaps and instant loans become more viable and efficient on Soneium with this new technology. Furthermore, the improved network speed and security could also facilitate blockchain integration with traditional financial systems, opening up new opportunities for innovation and growth.

“Fast Finality Layer for Soneium delivers ultra-fast, verifiable finality, unleashing the full potential of your dApps on Soneium.”, they said in X. 

The developers of Soneium they stressed, furthermore, this new layer of finality has a positive impact on the experience of blockchain builders, as by providing a more efficient platform, Soneium facilitates the creation of interactive, real-time decentralized applications. 

This way, technology developers can build with confidence, knowing that transactions will be confirmed quickly and that the platform is robust and secure. All of this fosters innovation and enables the creation of new applications that were previously impossible due to the limitations of traditional networks.

AltLayer and EigenLayer accelerate Soneium's innovation

Collaboration with AltLayer and EigenLayer has been instrumental in the development and implementation of the Fast Finality Layer on Sony. AltLayer, known for its expertise in scalability solutions for blockchain, has contributed its technical expertise and infrastructure to accelerate transactions and improve network efficiency. According to Sony, the innovation behind the new finality layer is the solution. DO from AltLayer, which “uses real-time rollup state validation to enable instant completion” of transactions.

EigenLayer, for its part, leader in the ETH re-staking, has made it easier for Ethereum validators to re-stake their ETH on the new layer to earn additional rewards, improving the economic security of the network.

“MACH integrates seamlessly with EigenLayer's staking mechanism, ensuring Soneium's robust security and decentralization. Through EigenLayer's AVS, ETH and ASTR are used to secure the network, offering a decentralized way to validate transactions and protect the ecosystem from potential attacks.”, they said the developers of Soneium.

Greater efficiency in DeFi and better user experience

The dramatic reduction in transaction finality time on Soneium has a profound impact on decentralized finance (DeFi) applications and the overall user experience on the network. According to the developers, faster finality will make Soneium much more efficient for applications that rely on real-time data, such as some DeFi applications, blockchain gaming, and NFTs, offering users a more seamless experience. 

From a user perspective, near-instant transaction confirmation means a much more satisfying and reliable experience. There's no longer a need to wait several minutes to find out if a transfer has been successfully completed, which will help foster trust and encourage greater adoption of blockchain technology in everyday life. 

Developers also benefit from this improved user experience, as they can confidently build interactive, real-time applications without worrying about finality. This allows them to create more engaging and innovative user experiences, which can drive mass adoption of blockchain technology. 

In short, Soneium is paving the way for a new generation of Web3 applications that are fast, secure, and easy to use.

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