Tech
The Open Network (TON) Announces TON Applications Chain (TAC) on Polygon’s Layer-2 Network
Discover the latest announcement from The Open Network (TON) introducing TON Applications Chain (TAC) on Polygon’s Layer-2 Network, offering new possibilities for decentralized applications.
The team behind The Open Network (TON), the renowned blockchain integrated with the Telegram messaging platform, revealed their latest development at the Ethereum Community Conference (EthCC) in Brussels. They introduced the TON Applications Chain (TAC), a new protocol built on Polygon’s technology.
Key Features of TAC:
- Utilizing Polygon’s Chain Development Kit (CDK): TAC leverages Polygon’s CDK, a versatile toolkit enabling developers to create customized layer-2 blockchains using Polygon’s zero-knowledge technology.
- Polygon’s AggLayer Integration: TAC incorporates Polygon’s AggLayer, an interoperability layer addressing blockchain fragmentation issues.
Benefits and Impact:
According to a press release, TAC aims to bridge EVM-based decentralized applications to the TON ecosystem, facilitating Ethereum developers in creating new programs for Telegram users. The introduction of TAC is expected to enhance liquidity access, accelerate DeFi adoption in the TON ecosystem, and open avenues for innovative applications such as gaming and decentralized identity solutions.
Industry Trends:
In the past year, several prominent blockchain companies have embarked on developing their layer-2 networks. Initiatives like Coinbase’s “Base” blockchain with Optimism’s OP Stack have set the trend. Additionally, Celo, Worldcoin, and OKX have announced plans for layer-2 rollups, showcasing a growing interest in scaling solutions within the blockchain space.
Choice of Polygon Ecosystem:
Pavel Altukhov, the founder of TAC, highlighted the decision to build on the Polygon ecosystem due to factors such as EVM compatibility, AggLayer’s EVM liquidity bridging capabilities, comprehensive deployment support, and expertise in EVM technology. The vibrant community surrounding Polygon also played a significant role in the selection process.