Telegram’s TON launches scalability platform TON Factory

Quick Summary:

This hybrid design is intended to achieve near-instant finality and high throughput, reportedly handling up to 35,000 transactions per second (TPS), a benchmark that could position TON Factory as a serious competitor to other layer-1 and layer-2 scaling solutions.“TON Factory also supports custom TVM chain deployments and offers tailored scaling solutions, helping ambitious teams drive the ecosystem forward.”At the time of writing, Toncoin, the native cryptocurrency of The Open Network (TON), is trading at $3.22, down around 1% in the past 24 hours, according to data from CoinMarketCap.

Telegram-linked blockchain project The Open Network (TON) has unveiled TON Factory, a new platform designed to accelerate the development and scalability of high-throughput applications like decentralized exchanges (DEXs) and blockchain-based games.

Source: TONRelated: Venture capital firms invest $400M in TON blockchainBroxus’ Tycho Protocol powers TON FactoryThe underlying architecture leverages Broxus’ Tycho protocol, which combines the TVM with a Directed Acyclic Graph (DAG) consensus mechanism.

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Article Details

Author / Journalist: Cointelegraph by Amin Haqshanas

Category: Crypto

Markets: United States

Topics: Network Transactions Platform Ecosystem Games Blockchain Open High-throughput Scale Second Factory

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-30 @ 07:16:15 (19 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 285 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28294531

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