TON developers will launch L2 protocol using Polygon technologies
The Open Network (TON) team is creating a second layer solution based on the Polygon CDK. The developers announced this at the EthCC conference in Brussels, CoinDesk reports.
The new protocol, called TON Applications Chain (TAC), will use a software toolkit to create and run Ethereum-based L2 networks based on zero-knowledge proof technology.
The developers will also use Polygon’s AggLayer, an aggregation layer focused on interoperability and solving the problem of blockchain fragmentation.
According to the information provided to the publication, TAC is “designed to enable EVM-based decentralized applications into the TON ecosystem.” The protocol also allows Ethereum developers to create new programs for Telegram users.
“TAC is designed to significantly improve access to liquidity and accelerate the introduction of DeFi into the TON ecosystem,” project representatives noted.
They also stressed that the new protocol "will pave the way for a wide range of innovative applications."
According to DeFi Llama, the TVL of The Open Network ecosystem exceeds $700 million.