todayonchain.com

TON Blockchain is Now 10x Faster: Pavel Durov Explains the Upgrade

BeInCrypto
Pavel Durov announced a major TON blockchain upgrade, significantly increasing transaction speeds and reducing confirmation times to under one second.

Summary

Telegram founder Pavel Durov has announced that the TON blockchain is now 10 times faster following the implementation of the Catchain 2.0 consensus mechanism. The upgrade has reduced transaction confirmation times from over five seconds to under one second, significantly improving user experience for payments and decentralized applications.

This update is the first stage of a seven-part development initiative titled "Make TON Great Again" (MTONGA). The next phase of the roadmap focuses on a six-fold reduction in transaction fees, further enhancing the platform's competitiveness with centralized systems. Developers have been encouraged to transition to streaming APIs to take full advantage of the improved network performance.

(Source:BeInCrypto)