The Open Community (TON) is a cryptocurrency and token community specialised within the execution of sensible contracts. Over the previous 12 months, TON has gained quite a lot of notoriety. The combination of a number of TON dApps with the messaging app, Telegram, gave the community quite a lot of visibility.
In line with knowledge from DeFiLlama that was duly reported by CriptoNoticiasthe TON community hosts greater than $700 million deposited.
Anticipating that TON’s development will proceed, and that this might trigger undesirable congestion, it’s that Scalability options are being developed.
By way of a press launch it was introduced that The TON improvement crew will launch its personal second layer community, which shall be primarily based on Polygon expertise.
This new community, which shall be referred to as TON Functions Chain (TAC), shall be suitable with the Ethereum Digital Machine (EVM).Because of this all dApps developed for Ethereum and associated networks (corresponding to Polygon, BNB Chain, Arbitrum, Optimism, and many others.) will be capable to run on this second layer of TON.
Pavel Altukhov, founding father of TAC commented:
“We determined to construct on the Polygon ecosystem due to its EVM compatibility, seamless liquidity availability on EVM chains through AggLayer, complete implementation help, and Polygon’s EVM experience. (…) The colourful neighborhood surrounding Polygon was additionally an important consider our determination.”
Pavel Altukhov, founding father of TAC
The worth of the TON cryptocurrency has not been significantly impacted by this improvement.The next graph exhibits how the worth of this digital foreign money has moved during the last 7 days:
Nonetheless It has not been introduced whether or not TAC will use the TON cryptocurrency for fee funds or if it would launch its personal token..
