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 a number of notoriety. The mixing of a number of TON dApps with the messaging app, Telegram, gave the community a number of visibility.
Based on information 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 means of a press launch it was introduced that The TON improvement staff will launch its personal second layer community, which might be based mostly on Polygon know-how.
This new community, which might be known as TON Functions Chain (TAC), might be suitable with the Ethereum Digital Machine (EVM).Because of this all dApps developed for Ethereum and associated networks (similar to Polygon, BNB Chain, Arbitrum, Optimism, and so on.) 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 think about our resolution.”
Pavel Altukhov, founding father of TAC
The value of the TON cryptocurrency has not been significantly impacted by this improvement.The next graph exhibits how the value of this digital forex has moved over the past 7 days:
Nonetheless It has not been introduced whether or not TAC will use the TON cryptocurrency for fee funds or if it’s going to launch its personal token..