On the horizon is a thrilling challenge that will test the might and resilience of the TON blockchain. Come October 31, 2023, at precisely 15:00 UTC, the world will watch as the TON blockchain strives to earn the title of the “world’s fastest blockchain,” a distinction vetted by the Guinness World Records.
From its humble beginnings in 2022, TON has seen astronomical growth. A jaw-dropping increase from 170,000 to 3.5 million addresses indicates a 20-fold surge in its user base in just a short span. This surge is accompanied by a rise in validator nodes, currently totaling 350, spreading its roots across 25 countries. Such impressive stats narrate a story of a decentralized system that has grown without faltering, as there’s no record of major disruptions. As the countdown to the big test begins, enthusiasts worldwide are on the edge of their seats.
The Alibaba Cloud Alliance: Setting the Stage for TON’s Performance Test
The stage for this monumental test is being set in collaboration with Alibaba Cloud. Together with other partners, they aim to construct a dedicated TON blockchain network optimized for performance testing, deploying a massive 256 validator node servers. For those itching to get a firsthand experience of the action, a live broadcast is set to air on live.ton.org.
However, a word of caution from the TON Foundation: treat this event as an educational experience. Financial decisions shouldn’t hinge on its outcome. Anatoly Makosov, the Core Development Lead at TON Foundation, mirrors the anticipation we all feel, stating, “We eagerly await October 31, to witness the TON blockchain’s capabilities. It’s our first public performance test on such a scale. The excitement is palpable.”
It’s clear that both TON Foundation and Alibaba Cloud consider this test as pivotal. It will spotlight the TON blockchain’s attributes, emphasizing its role as a reliable foundation for the ever-evolving Web3 space within Telegram.
TON & Telegram Unite: Decentralization for All
Recently, the TON Foundation has made waves by integrating with Telegram to unveil the “TON Space” – a self-custodial crypto wallet tailored for Telegram’s immense 800 million monthly active users. Now, just a few taps in the Telegram settings can grant access to this feature. This integration has spurred Telegram to offer priority access to TON projects on its advertising platform, Telegram Ads.
That’s not all! MEXC Ventures, the renowned global cryptocurrency exchange’s subsidiary, recently spotlighted TON with a substantial investment. Recognized as MEXC’s largest Layer-1 funding project to date, this endeavor has further strengthened the bonds between MEXC and the TON Foundation. This alliance promises mutual benefits. MEXC pledges to amplify marketing efforts for TON-centric projects on its platform, introduce a TON collateral lending service, and even offer zero trading fees for the TON token.
Justin Hyun, TON Foundation’s Director of Growth, couldn’t be more excited about this development, emphasizing the shared vision of both entities: to make the decentralized Web3 ecosystem accessible globally through Telegram.
All these strategic collaborations underline the TON Foundation’s dedication to popularize decentralized technology, pushing it into the limelight.
