Fantom co-founder Andre Cronje, in a new letter to Fantom Foundation Team, gave an insight into the possible development of Fantom in 2023. In the letter, Cronje disclosed that Fantom would focus on providing the highest throughput blockchain. As revealed, the blockchain will be able to provide a single secure settlement layer for all decentralized activities.

Consequently, Cronje submitted that all Dapps through Fantom should be able to share the same layer of security and can enable a base layer that can aid all the verticals. These verticals, according to him, must be aimed at improving developers’ tools, UX, integration, and ease of use.

“Our overarching objective over the next 12 months will be towards creating an environment for dapp developers to build sustainable businesses while differentiating ourselves from other layer one solutions," Cronje stated.

Cronje, in the letter, indicated that Fantom would also focus on other areas like gas monetization, gas subsidies, account abstraction, economic abstraction for gas fees, performance engineering, and many others. These, according to him, will push the Dapps space into an advanced position in the coming years.

“This is an incredibly hard mission, we aren’t allowed any shortcuts,” Cronje said.

In a separate blog post, the developer reviewed Fantom’s performance for 2022. According to the report, transactions on the Fantom blockchain grew by 131% between 2021 to 2022. However, this figure represented a trying period for Fantom as it enjoyed a 12,988% increase in on-chain transactions between 2020 to 2021. Additionally, the project saw a modest 41% increase in daily users for the year.