TON blockchain to utilize Polygon’s Technology to release new Layer-2 network
The post TON blockchain to utilize Polygon’s Technology to release new Layer-2 network appeared on BitcoinEthereumNews.com.
The TON blockchain announced a new project dubbed the TON Applications Chain (TAC). The announcement was made at the Ethereum Community Conference (EthCC) in Brussels, Belgium, on Tuesday. The project is set to make use of two of Polygon’s technologies, the Chain Development Kit (CDK) and the AggLayer. Also Read: Hamster Kombat gains another important milestone in 3 months In an announcement made on Tuesday, The Open Network (TON) announced that the company will be working on a new project. TON announced that its new layer-2 network will be developed using Polygon’s technology. In particular, the project will use Polygon’s Chain Development Kit (CDK) and the AggLayer. The team stated that the project would be designed to enable Ethereum developers to develop new programs for Telegram’s users. The announcement confirmed that the project would simultaneously allow EVM-based decentralized applications to function in the TON ecosystem. TON affirmed that the project will trailblaze and create new avenues for the development of decentralized applications on TON’s network. The project is expected to spur development in gaming and the provision of decentralized identity solutions. TON expounds further on new project The Open Network introduces its own layer-2 network leveraging Polygon’s technology. This move was announced at the Ethereum Community Conference (EthCC) in Brussels. It aims to expand TON’s capabilities through $TON Applications Chain (TAC) Integrating $TON with Polygon — Only4you♦️ (@fraud_is_fun) July 9, 2024 TON has worked its way into the crypto sphere by developing a network that taps into Telegram’s user market. The blockchain network has experienced much success and growth since its launch in 2020. Leveraging Telegram’s millions of users, the network has grown steadily over the past few years. This new project builds on the previous success and aims to continue the network’s development to promote the growth of decentralized…
Filed under: News - @ July 10, 2024 1:24 am