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BlockNews
Home CRYPTO

Ton Blockchain is Reportedly Launching an L2 Based on Polygon

Michael Juanico by Michael Juanico
July 9, 2024
in CRYPTO
Reading Time: 2 mins read
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• TON Blockchain will release a new Layer-2 called the TON Applications Chain (TAC) based on Polygon’s technology
• The TAC will utilize Polygon’s Chain Development Kit (CDK) and AggLayer
• The new protocol aims to make TON more scalable and efficient

The TON blockchain is developing a new layer-2 protocol called the TON Applications Chain (TAC) that makes use of Polygon’s Chain Development Kit (CDK) and AggLayer. This will help expand the capabilities of the TON blockchain.

JUST IN: Ton Blockchain $TON is planning on releasing an L2 based on Polygon tech

— BlockNews.com (@blocknewsdotcom) July 9, 2024

Background on TON Blockchain

The TON blockchain was originally conceived by the founders of Telegram but was later abandoned. However, the TON community revived the project as Free TON. The TON blockchain aims to be fast, scalable, and developer-friendly.

Key Details on New TON Layer-2

The TON Applications Chain (TAC) will be a layer-2 solution built on top of TON blockchain. It utilizes Polygon’s Chain Development Kit (CDK) which provides modular components for building Ethereum-compatible chains. TAC will also leverage Polygon’s Aggregation Layer (AggLayer) which aggregates transactions off-chain for increased throughput.

Benefits of Integrating Polygon Technology

Using Polygon’s technology provides several advantages for TAC:

  • The CDK allows TAC to be Ethereum-compatible, making it easier to integrate existing developer tools and applications.
  • AggLayer enables transaction aggregation to improve scalability and reduce costs.
  • Polygon’s plasma framework powers fast and low-cost transactions while leveraging the security of the TON blockchain.

By building on proven Polygon infrastructure, TAC can accelerate development and adoption.

Conclusion

The TON community continues to enhance the TON blockchain capabilities through layer-2 solutions. By integrating Polygon’s CDK and AggLayer technology, the new TON Applications Chain aims to provide an Ethereum-compatible environment for expanding the development and usage of TON blockchain applications.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: BlockchainpolygonPolygon's Chain Development KitTON Applications ChainTON blockchain
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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