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TON Gets Catchain 2.0 Consensus Upgrade, Block Times Slashed to 400MS

Cointelegraph
The TON blockchain has upgraded to Catchain 2.0, significantly reducing block times to 400 milliseconds to enable near-instant transaction settlement.

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)