Fantom has officially announced the launch of its highly anticipated upgraded Opera chain, marking a significant milestone in the project's development. The upgrade has reached the necessary 66% consensus level, signaling its official commencement. The release date aligns with the expected timeline set when the Sonic testnet phase began in October last year, demonstrating the project's commitment to delivering on its promises without any delays.

The upgraded Opera chain is poised to achieve several key goals, including:

1. Variable/mixed/complex transactions achieving approximately 2,000 transactions per second (TPS) with around one second certainty.
2. Token swap transactions achieving about 4,000 TPS with approximately 1.3 seconds completion.
3. Token transfers achieving around 10,000 TPS with approximately 1.6 seconds completion.

Furthermore, the upgrade is expected to significantly reduce the storage requirements for validator nodes by about 66% and decrease the operating costs for archive nodes by approximately 95%. These improvements will enhance the overall efficiency and scalability of the Opera chain, making it more accessible and cost-effective for users and validators alike.

In the coming weeks and months, Fantom plans to share more details about the technology, token economics, audience participation plans, partnerships, brand, and strategic direction of its upgraded chain. This information will provide valuable insights into the future of the project and its potential impact on the broader blockchain ecosystem.

The launch of the upgraded Opera chain is a testament to Fantom's commitment to innovation and continuous improvement. By delivering on its promises and exceeding expectations, the project has demonstrated its ability to adapt to the ever-changing needs of the blockchain industry. As the upgraded chain gains traction and adoption, it is poised to become a leading player in the decentralized finance (DeFi) space, offering users a fast, secure, and cost-effective platform for their transactions.

In conclusion, the launch of Fantom's upgraded Opera chain marks a significant milestone in the project's history. With enhanced performance, efficiency, and scalability, the upgraded chain is set to revolutionize the way users interact with decentralized applications and services. As Fantom continues to innovate and expand its offerings, it is likely to become a key player in the rapidly evolving blockchain industry.