Telegram’s Pavel Durov touts TON’s upgraded ‘one second’ transaction speed
Summary
Telegram CEO Pavel Durov announced that the TON blockchain has achieved a major upgrade, now delivering instant, sub-second transaction finality. Powered by the new Catchain 2.0 protocol, the enhancement aims to support high-scale applications within Telegram’s vast ecosystem of over 1 billion users. This development is described as the first of seven planned steps to improve the network, with future goals including a significant reduction in transaction fees and strengthened validator incentives.
(Source:The Block)