TON Gets Catchain 2.0 Consensus Upgrade, Block Times Slashed to 400MS
Summary
The Open Network (TON) has successfully deployed its Catchain 2.0 consensus upgrade, effectively reducing block times to 400 milliseconds. This performance improvement allows for sub-second payment settlement and real-time trading speeds for decentralized applications integrated with Telegram. While the upgrade enhances transaction velocity, it is also projected to increase the network's annual inflation rate to 3.6% due to higher validator reward payouts. The move represents a major technical advancement for the network, which aims to provide user experiences comparable to traditional centralized applications for its massive global user base.
(Source:Cointelegraph)