Third-party TON Team to Launch L2 Chain

A third-party team affiliated with The Open Network （TON） plans to launch a Layer 2 chain using Polygon’s Chain Development Kit （CDK） to expand TON’s ecosystem. This article explores the implications and potential benefits of this development.

Points

• A third-party team plans to launch a Layer 2 chain for TON.
• The new chain will use Polygon’s Chain Development Kit （CDK）.
• This initiative aims to expand TON’s ecosystem beyond the private messenger app.
• TON Foundation clarifies it is not behind this development.
• Layer 2 solutions aim to scale Ethereum by leveraging its security status while reducing transaction fees.

A group of developers affiliated with The Open Network （TON） on Telegram plans to tap into Ethereum with a Polygon-powered solution. This third-party team aims to launch a Layer 2 （L2） chain using Polygon’s Chain Development Kit （CDK）, designed to expand TON’s ecosystem beyond its origins as a private messenger app.

Expanding TON’s Ecosystem

The new L2 chain will leverage the Ethereum Virtual Machine （EVM）, which is the staging area for most Ethereum-based smart contract developments. This will enable developers to design tools compatible with DeFi’s largest chain, expanding the capabilities of the TON network. By using Polygon’s CDK, the developers aim to offer much cheaper transaction fees than the Ethereum mainnet, making the TON ecosystem more attractive to users and developers alike.

Clarification from TON Foundation

Alenka Shmalko, ecosystem lead at TON Foundation, and Antony Tsivarev, TON Foundation’s director of ecosystem development, have clarified that the TON Foundation is not behind this development. They emphasized that the foundation does not develop products but supports the ecosystem’s growth through other means.

1. TON Foundation has no plans to develop any L2 on Polygon stack.
2. Oh yes and btw – TON Foundation does not develop any products at all:））

https://twitter.com/alenka_w3/status/1810711333156925478

Benefits of Layer 2 Solutions

Layer 2 scaling solutions like the one being developed for TON are designed to address the scalability limitations of the Ethereum blockchain. By processing transactions off-chain before committing them to the main Ethereum network, L2 solutions can significantly reduce transaction fees and increase transaction speeds. This makes them a popular choice for developers and users looking for efficient and cost-effective blockchain solutions.

Conclusion

The launch of a Layer 2 chain by a third-party team for TON using Polygon’s CDK represents a significant step in expanding TON’s ecosystem. By leveraging the EVM and offering lower transaction fees, this initiative could attract more developers and users to the TON network. While the TON Foundation is not directly involved, its support for ecosystem growth could help ensure the success of this new development.

解説

• Layer 2 Solutions: These solutions aim to scale Ethereum by processing transactions off-chain, reducing fees, and increasing speeds.
• TON Ecosystem Expansion: The new L2 chain aims to expand TON’s capabilities, making it more attractive to developers and users.
• Foundation Clarification: The TON Foundation clarifies it is not behind this development but supports ecosystem growth.