TON to receive Layer 2 network leveraging Polygon technology – DiarioBitcoin
By Angel Di Matteo @shadowargel
The new network will be known as TON Applications Chain (TAC)which will be compatible with the Ethereum Virtual Machine (EVM) and will allow developers to employ technologies of Polygon as zero-knowledge (ZK) proofs and AggLayer.
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- Developers are working on a new network Layer 2 that will operate on the TON Blockchain
- Unlike other proposals, this one will have native technology Polygon
- We seek to take advantage of the EVM to attract native projects to the network Ethereum
- Employ technologies of Polygon as zero-knowledge proofs (ZK) and AggLayer
- We seek to take advantage of the growing interest in the ecosystem of TON and the large number of users of Telegram
Due to the success that the network has been having TON, A group of developers are raising the idea of building a Blockchain Layer 2 that works on said ecosystem, which uses technology of Polygon to optimize its operational properties.
Grid Layer 2 for the ecosystem TON
The project in question is called TON Applications Chain (TAC), and has the support of The Open Platform, investors focused on the TON ecosystem. The announcement took place at the Ethereum Community Conference (EthCC), held in Brussels, Belgium, reported by the media CoinDesk.
According to the media, one of the goals that the project has proposed TAC is to achieve compatibility with the Ethereum Virtual Machine (EVM)and thus ensure that applications under the standard of said network can migrate to this new ecosystem. Let us keep in mind that the EVM It is the execution environment that allows smart contracts to operate on the network. Ethereum, something that many networks have implemented to allow portability of a large number of native projects to others blockchains.
As detailed by those responsible for the project, the aim is for apps based on EVM can take advantage of the properties of the ecosystem TON, and thus bring their products and services to users of the popular messaging application, Telegram, which functions as one of the access points for a large number of potential users.
It is sought that through TAC can reach the ecosystem of TON projects in the decentralized finance sector (DeFi), games, and solutions in various areas of great interest.
Using the technology of Polygon
From the operational side, being a network Layer 2, this would take advantage of the elements already present in the ecosystem TON to ensure the security and scalability of operations.
However, TAC will implement the Polygon Chain Development Kitwhich will allow developers to design and build use cases with the properties of said network Layer 2 of Ethereum, especially zero-knowledge technology (ZK) and the interoperability layer AggLayer.
In this regard, the founder of TAC, Pavel Altukhoy, commented during an interview for CoinDesk the next:
We chose to build on the Polygon ecosystem because of its EVM compatibility, seamless liquidity availability on EVM chains via AggLayer, comprehensive deployment support, and Polygon’s EVM expertise. The vibrant community surrounding Polygon was also a crucial factor in our decision.
Interest in the network TON
TONthe layer 1 network that was born in 2017 as a project originating from the messaging platform Telegram, has been gaining a lot of traction in recent times.
Recently Binance announced support for the stablecoin Tether (USDT) in the ecosystem of TON, so deposits and withdrawals of USDT to and from that Blockchain network have been available since June 21.
Prior to this Tetherthe issuing company of USDT, announced in April that it would land its stablecoin Distinguished on the net TONAt the time, the company also said it would bring its physical gold-backed token to that same network.
In February, the messaging platform Telegram revealed plans to share advertising revenue with channel owners and pay rewards using Toncointhe native cryptocurrency of TON. Telegram had already adopted TON technology for other functions within the platform, and integrated the cryptocurrency wallet last year. TON.
In recent times, the popularity of projects such as Notcoin (NOT), based on Telegramhave also given notoriety to the ecosystem TON.
Article by Angel Di Matteo / Bitcoin Diary
Picture of Unsplash, edited with Canva
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