Digital asset market maker and Web3 investment leader DWF Labs has once again confirmed its commitment to the Telegram Open Network (TON) Blockchain by introducing two validating nodes. Positioned under the official flag of DWF Labs, these nodes will play a very important role in strengthening the infrastructure and security of the TON Blockchain.
Contribution to the Decentralization of Altcoin TON
Validating nodes are effective in ensuring the security of Layer 1 Blockchains like TON. Their responsibilities range from transaction validation to maintaining the overall integrity and efficiency of the Blockchain. The deployment of these validating nodes by DWF Labs not only encourages the decentralization of TON but also underscores the company’s enduring commitment to the TON ecosystem.
This strategic move builds on the significant $10 million investment made by the major market maker DWF Labs in the TON ecosystem a year ago. Additionally, the company demonstrated its active participation and support for TON’s growth by sponsoring TON’s Hack-a-Ton in South Korea earlier this year.
What Does the TON Blockchain Include?
The TON Blockchain, known for its notable achievements, boasts many features. TON has officially secured its position as the world’s fastest and most scalable Blockchain, with a throughput of 104,714 transactions per second, a fact verified by CertiK.
In collaboration with Telegram, TON has offered a wallet to its 800 million users with the goal of transforming into a SuperApp. Joining forces with Tencent Cloud and Chainbase, TON has facilitated the development of mini applications for builders, showcasing its commitment to innovation.
DWF Labs’ Vote of Confidence
The launch of DWF Labs’ validating nodes is proof of the company’s unwavering belief in TON’s vision. The company has dedicated itself to increasing the decentralization and efficiency of the blockchain ecosystem and contributing to the continuous growth of TON as a leading Blockchain platform.
DWF Labs has become a significant market maker by investing in and supporting cryptocurrency projects. It is worth mentioning that the altcoin projects they support have seen significant growth. The cryptocurrency Ton coin is trading at $2.46 at the time of writing, making it the 12th largest in the crypto market. Ton coin also has a market value of $8.45 billion at the time of writing.
