A "Lightning Network" for TON with instant transfers and micro-commissions
TON’s new Payment Network, based on its original whitepaper, focuses on instant money transfers and micro-commissions, offering a layer-2 solution designed to streamline transactions across the blockchain. This network, currently in its Beta stage, will introduce features such as shardchain tracking optimization and split validator roles into collators and validators for greater efficiency.
Partnerships with Axelar, LayerZero, and Wormhole
TON is emphasizing interoperability by integrating trustless bridging between Toncoin and Bitcoin through TON teleport. Collaborations with Axelar, LayerZero, and Wormhole aim to enhance connectivity with other blockchain ecosystems, ensuring seamless asset transfers and improved functionality.
TON Connect as a gateway for Telegram mini-apps
TON Connect will serve as the bridge for integrating TON with Telegram’s mini-app ecosystem, providing users with streamlined access to blockchain services. This development aligns with TON’s mission to bring blockchain technology closer to everyday users through familiar platforms.
Scaling TON blockchain with the Payment Network
The TON Core team has developed a working prototype of the Payment Network, though further testing and auditing are needed. Future milestones include perfecting the prototype, enabling seamless asset swaps, and creating a robust infrastructure for instant, scalable payments.
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