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TON Blockchain to Release New Layer-2 Based on Polygon Technology
The team behind The Open Network (TON)the popular blockchain that leverages the messaging platform Telegram, has said it is about to launch its own level 2 network based on Polygon’s technology. The team made the announcement Tuesday at the Ethereum Community Conference (EthCC) in Brussels, Belgium,
The new protocol, called TON Applications Chain (TAC), will use Polygon Chain Development Kit (CDK), a customizable toolkit that allows developers to create their own layer 2 blockchains based on Polygon zero knowledge technologyas well as Polygon’s AggLayer, their interoperability level to solve blockchain fragmentation.
According to a press release shared with CoinDesk, TAC is “designed to enable EVM-based decentralized applications to the TON ecosystem,” while also allowing Ethereum developers to create new programs for Telegram users.
“TAC is set to significantly improve access to liquidity and accelerate DeFi adoption for the TON ecosystem,” the TON team wrote in the press release. “In addition to DeFi, TAC will open up a wide range of innovative applications on the TON blockchain, such as gaming and decentralized identity solutions.”
The news comes as other major blockchain companies have pursued their own layer-2 networks over the past year. In August, cryptocurrency exchange Coinbase launched its blockchain “Base” with optimism OP stackstarting the trend. Since then, protocols such as Heaven AND World currency They shared their plans to launch Level 2 rollups with OP Stack and also with cryptocurrency exchange OKX level-2 released in April called “X Layer” with Polygon’s CDK.
“We chose to build on the Polygon ecosystem because of its EVM compatibility, seamless liquidity availability from EVM chains via AggLayer, comprehensive deployment support, and Polygon’s EVM expertise,” TAC founder Pavel Altukhov told CoinDesk in an email. “The vibrant community surrounding Polygon was also a key factor in our decision.”