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COINTURK NEWS > Cryptocurrency News > TON Blockchain Team Announces New Protocol at Ethereum Community Conference
Cryptocurrency News

TON Blockchain Team Announces New Protocol at Ethereum Community Conference

In Brief

  • TON team announced a new protocol at the Ethereum Community Conference.

  • The protocol, named TAC, will be a layer2 solution based on Polygon's technology.

  • TAC aims to increase liquidity and accelerate DeFi adoption in the TON ecosystem.

COINTURK NEWS
COINTURK NEWS 10 months ago
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A cryptocurrency project integrated with Telegram, reaching a significant number of users quickly, is taking a new step. NOT Coin, proving its success and strength with the TON blockchain, has seen significant peaks. What does the latest announcement mean? Why is this step important for investors?

TON Coin News

The Open Network (TON) team announced the news at the Ethereum Community Conference in Brussels, Belgium. A new protocol named TON Applications Chain (TAC) will be launched, which will be a separate layer2 solution based on Polygon’s zero-knowledge technology.

“We will launch this to bring EVM-based decentralized applications to TON’s ecosystem. TAC will significantly increase liquidity access and accelerate DeFi adoption for the TON ecosystem. Beyond DeFi, TAC will pave the way for various innovative applications on the TON network, such as gaming and decentralized identity solutions.”

In a statement by TAC’s founder Pavel Altukhov, he wrote:

“We chose to build this on the Polygon ecosystem for EVM compatibility, AggLayer’s EVM liquidity bridge, comprehensive deployment support, and Polygon’s EVM expertise. The vibrant community here also influenced our decision.”

TON Coin surpassed $7.3 again.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 9 July, 2024 - 6:30 pm 9 July, 2024 - 6:30 pm
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