Monday, September 16, 2024
HomeMarketTON Software Chain and Polygon Labs accomplice for TON L2

TON Software Chain and Polygon Labs accomplice for TON L2

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  • TAC and Polygon Labs are working collectively to deliver EVM-compatible DApps to TON.
  • The combination will increase entry to DApps inside Telegram and will increase the variety of real-world purposes.
  • Regardless of the success, rising phishing assaults threaten the safety of customers on the TON community.

Ton Software Chain (TAC) and Polygon Labs have introduced a groundbreaking partnership geared toward enhancing the TON ecosystem with a brand new Layer 2 (L2) answer.

This collaboration guarantees to deliver Ethereum Digital Machine (EVM) performance to TON, increasing the vary of decentralized purposes (DApps) obtainable to its customers.

The brand new L2 could have EVM compatibility and an expanded DApp ecosystem

In response to the collaboration announcement, the Polygon CDK and the Agglayer interoperability protocol will likely be built-in into the brand new TON L2. This strategic transfer is designed to deliver EVM-compatible DApps to TAC, vastly increasing the vary of purposes obtainable to TON community customers.

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Key areas that the brand new L2 chain will deal with embrace decentralized finance (DeFi), gaming and identification options.

Pavel Altukhov, CEO of TAC, emphasised the significance of this integration, saying that it will increase their potential to bridge the hole between the TON and Ethereum ecosystems.

Altukhov additionally stated that by leveraging apps like Pockets inside Telegram, Ethereum builders can now attain a big person base and facilitate the implementation of crypto-apps in the actual world.

The combination is predicted to considerably enhance DApp integration inside Telegram, one of many world's hottest messaging platforms.

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With the brand new EVM-compatible layer, builders can create and deploy all kinds of DApps that Telegram customers can entry seamlessly. This opens up quite a few potentialities, from DeFi purposes and gaming to decentralized identification options, driving innovation and adoption inside the TON ecosystem.

TON noticed a major enhance in person exercise

Even earlier than the collaboration was revealed, the variety of day by day energetic addresses on the TON community surpassed that of Ethereum throughout June, in line with Messari's July 6 publish on X.

This enhance in exercise underscores the rising curiosity and engagement inside the TON neighborhood. Nevertheless, regardless of the constructive growth, the chain's ecosystem was not with out issues. Current success has been accompanied by a rise in phishing assaults.

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On June 24, SlowMist founder Yu Xian warned that Telegram's ecosystem is “too free,” making it fertile floor for phishing hyperlinks unfold by message teams, dropouts, and different fraudulent strategies.

Customers with nameless numbers that aren’t linked to SIM playing cards are significantly at elevated phishing dangers, as these accounts are extra prone to compromise by malicious actors.

With Telegram boasting roughly 196 million day by day energetic customers and 800 million month-to-month energetic customers as of April, guaranteeing person security stays a high precedence.

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