TON to Launch Layer-2 Network on Polygon. 💎
The Open Network (TON), known for its integration with Telegram, is set to debut a new layer-2 network using Polygon's technology. The announcement, made at EthCC in Brussels, highlights the growing trend of blockchain platforms developing their own layer-2 solutions.
The new protocol, TON Applications Chain (TAC), aims to bring EVM-based decentralized applications to the TON ecosystem, leveraging Polygon’s Chain Development Kit (CDK) and AggLayer. This move is expected to boost liquidity and DeFi adoption within the TON community.
TON's decision to build on Polygon was influenced by factors such as EVM compatibility, liquidity bridging, deployment support, and the thriving community surrounding Polygon. TAC also aims to support a range of applications beyond DeFi, including gaming and decentralized identity solutions.
