DeFi Expert Andre Cronje Warns Against Appchains, Citing Developer and Liquidity Struggles

October 14, 2024 at 04:35 PM GST updated: October 14, 2024 at 01:59 PM 2 mins read News Cronje reveals $14M in appchain infrastructure costs, arguing it distracts developers from innovation. Appchains face liquidity fragmentation, pushing funds through centralized bridges, increasing security risks. Lack of foundational support limits appchain developers, hindering network effects and broader…

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Rebranded Fantom Project, Sonic Labs, Set to Redefine Blockchain Speed With 720ms Finality

Earlier this year, the blockchain project previously known as Fantom rebranded as Sonic Labs, generating significant buzz within the crypto community. Recently, Sonic Labs’ chief technology officer Andre Cronje showcased the network’s testnet performance, highlighting a transaction finality of 720 milliseconds. This achievement suggests the project could set a new standard as the fastest distributed…

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