TON Foundation's World Record Attempt for the Fastest Blockchain

TON Foundation aims to set a world record for the fastest blockchain on October 31, 2023.
The Open Network (TON) has seen a remarkable 20-fold increase in addresses in just one year, now boasting 3.5 million users.

The Open Network Foundation (TON Foundation) is poised to make history on October 31, 2023, by demonstrating its blockchain’s unrivaled speed. This performance test is a testament to TON’s unwavering confidence in its technological prowess, emphasizing its dependability, scalability, and unmatched velocity.

TON’s Meteoric Rise

Since its inception in 2022, TON has experienced phenomenal growth. In just one year, the network has seen a remarkable 20-fold surge in its user base, skyrocketing from 170,000 to an impressive 3.5 million users. This astonishing expansion was accompanied by the growth of TON validator nodes, which now number 350, reinforcing its decentralized nature.

Even more remarkable is that this sprawling network spans 25 diverse nations, maintaining an enviable operational uptime with no major network disruptions reported.

For this grand test, TON Foundation is sparing no effort. A dedicated TON blockchain network will be established solely for this performance evaluation, facilitated by 256 servers functioning as validator nodes.

This commitment to decentralized technology is not new for TON. Their recent partnership with Telegram, unveiled on September 13, 2023, highlights their shared vision of integrating decentralized technology into everyday digital interactions. TON’s blockchain no longer stands as just another platform; it now forms the backbone of Telegram’s Web 3.0 ecosystem, ushering in a new era of secure, decentralized online interactions.

Anatoly Makosov, the core developer at TON Foundation, expresses the excitement and anticipation within their ranks, underscoring the uniqueness of this large-scale public performance test and their collective eagerness to showcase TON’s unparalleled scalability.

As the world watches with anticipation, it’s vital to remember the primary purpose of this demonstration. While providing insight into TON’s capabilities, viewers are advised not to base investment decisions solely on its outcome.

For those curious about TON Foundation’s origins, it was established as a non-profit entity in Switzerland in 2023, operating solely on community funding. It serves the community’s aspirations and endorses initiatives aligned with The Open Network’s vision, aiming for a future where crypto is accessible to all within Telegram Messenger’s Web 3.0 ecosystem.