According to CoinDesk, the development team behind the Open Network (TON) blockchain announced on Tuesday at the Ethereum Community Conference (EthCC) in Brussels, Belgium, that they will launch a new layer-two network based on Polygon technology.
The network, reportedly called TON Applications Chain (TAC), is built using Polygon’s Chain Development Kit (CDK). Polygon CDK is a customizable toolkit that allows developers to create their own layer-two networks based on Polygon’s zero-knowledge proof technology, as well as the AggLayer, which is used by Polygon to address blockchain fragmentation issues.
The TON team wrote in a press release, “TAC aims to enable EVM-based decentralized applications to enter the TON ecosystem, while also allowing Ethereum developers to create new programs for Telegram users. TAC will significantly enhance the liquidity of the TON ecosystem and accelerate the adoption of DeFi. In addition to DeFi, TAC will also pave the way for a wide range of innovative applications on the TON blockchain, such as games and decentralized identity solutions.”
Successful Conclusion of CoinEx Taiwan’s 7th Anniversary Celebration, Embracing the Arrival of the Web3 Era Hand in Hand with Users
Since its establishment in 2017, CoinEx has been a professional cryptocurrency trading pla…