TON's Layer-2 Network: The Future of Blockchain is Here

The TON team has announced the launch of its own layer-2 network, called the TON Applications Chain (TAC). Based on Polygon's technology, TAC is set to significantly enhance liquidity access and accelerate DeFi adoption for the TON ecosystem.

The Future of Blockchain: TON’s Layer-2 Network

As I sat in the audience at the Ethereum Community Conference in Brussels, Belgium, I couldn’t help but feel a sense of excitement and anticipation. The team behind The Open Network (TON), a popular blockchain that taps into the Telegram messaging platform, was about to make a major announcement. And boy, did they deliver.

A New Layer-2 Network Based on Polygon’s Technology

The TON team announced the launch of its own layer-2 network, called the TON Applications Chain (TAC). But what makes this network so special? For starters, it’s based on Polygon’s technology, specifically their Chain Development Kit (CDK) and AggLayer. This means that TAC will have access to Polygon’s zero-knowledge technology, making it a game-changer for the blockchain industry.

The TON logo, symbolizing the future of blockchain

What Does This Mean for the Blockchain Industry?

The launch of TAC is a significant development for the blockchain industry. With the ability to enable EVM-based decentralized applications to TON’s ecosystem, TAC is set to significantly enhance liquidity access and accelerate DeFi adoption for the TON ecosystem. But that’s not all - TAC will also pave the way for a wide range of innovative applications on the TON blockchain, such as gaming and decentralized identity solutions.

Why Polygon’s Technology?

So, why did the TON team choose to build on Polygon’s ecosystem? According to Pavel Altukhov, the founder of TAC, it was due to Polygon’s EVM compatibility, seamless availability of liquidity from EVM chains via AggLayer, comprehensive deployment support, and Polygon’s EVM expertise. The vibrant community surrounding Polygon was also a crucial factor in their decision.

The Polygon logo, representing the power of community

The Future of Blockchain

The launch of TAC is just the beginning. As other major blockchain companies continue to pursue their own layer-2 networks, the future of blockchain is looking brighter than ever. With the ability to enable faster, cheaper, and more secure transactions, layer-2 networks are set to revolutionize the way we think about blockchain.

An illustration of the blockchain ecosystem, representing the future of decentralized technology

Conclusion

In conclusion, the launch of TAC is a significant development for the blockchain industry. With its ability to enable EVM-based decentralized applications to TON’s ecosystem, TAC is set to significantly enhance liquidity access and accelerate DeFi adoption for the TON ecosystem. As the blockchain industry continues to evolve, one thing is clear - the future is looking bright.