HomeBlockchainTON Blockchain Layer 2 Coming Quickly With the Help of Polygon’s Know-how

TON Blockchain Layer 2 Coming Quickly With the Help of Polygon’s Know-how

Key Factors:

  • The Open Community (TON) launched the TON Purposes Chain (TAC) utilizing Polygon’s expertise to help Ethereum-based apps on Telegram.
  • TON blockchain Layer 2 goals to spice up liquidity and DeFi adoption within the TON ecosystem, supporting gaming and identification options.
  • The launch coincides with a surge in Telegram crypto gaming and elevated integration of TON inside the platform.
In keeping with CoinDesk, the workforce behind The Open Community (TON), a distinguished blockchain built-in with the Telegram messaging platform, introduced the launch of its personal layer-2 community, the TON Purposes Chain (TAC), on the Ethereum Neighborhood Convention (EthCC) in Brussels, Belgium.
TON Blockchain Layer 2 Coming Soon With the Support of Polygon’s TechnologyTON Blockchain Layer 2 Coming Soon With the Support of Polygon’s Technology

TON Blockchain Layer 2 to Increase Liquidity and DeFi Adoption within the Ecosystem

TON blockchain Layer 2 will make the most of Polygon’s Chain Improvement Equipment (CDK) and AggLayer, applied sciences that improve blockchain interoperability and allow the creation of custom-made layer-2 blockchains.

The brand new protocol goals to deliver Ethereum Digital Machine (EVM)-based decentralized purposes to TON’s ecosystem and supply Ethereum builders with the instruments to construct purposes for Telegram customers. TAC is anticipated to spice up liquidity and speed up the adoption of decentralized finance (DeFi) inside the TON ecosystem, whereas additionally supporting a variety of purposes together with gaming and decentralized identification options.

Pavel Altukhov, founding father of TAC, defined that the selection to construct on Polygon’s ecosystem was pushed by its EVM compatibility, accessible liquidity, deployment help, and experience inside Polygon’s EVM neighborhood.

Telegram’s Crypto Gaming Surge and TON Integration

The choice aligns TON blockchain Layer 2 with a rising pattern of main blockchain firms growing their very own layer-2 networks. Coinbase, as an example, launched its Base blockchain with Optimism’s OP Stack in August 2023, adopted by related initiatives from protocols like Celo, Worldcoin, and OKX.

The announcement of TAC coincides with a surge in Telegram gaming, significantly video games incentivized by cryptocurrency. The lately launched. Hamster Kombat recreation has garnered over 200 million gamers, reflecting the recognition of the Faucet to Earn mannequin. Telegram has additionally more and more built-in TON, utilizing it to pay channel operators a share of advert income.

Michael Egorov, founding father of Curve Finance, is among the many key figures behind TAC. The Layer 2 growth is a part of a broader technique to boost TON’s capabilities and lengthen its attain inside the blockchain and cryptocurrency neighborhood.

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