The team behind it The Open Network (TON), the popular blockchain that uses the Telegram messaging platform, said it is launching its own network. layer-2 network based on Polygon technology. The team made the announcement Tuesday at the Ethereum Community Conference (EthCC) in Brussels, Belgium,
The new protocol, called the TON Applications Chain (TAC), will use Polygon’s Chain Development Kit (CDK), a customizable toolkit that allows developers to create their own layer 2 blockchains based on Polygon’s zero-knowledge technology, as well as Polygon’s AggLayer, their interoperability layer for solving blockchain fragmentation.
According to a press release shared with CoinDesk, TAC is “designed to enable EVM-based decentralized applications for the TON ecosystem,” while also allowing Ethereum developers to build new programs for Telegram’s users.
“TAC will significantly improve access to liquidity and accelerate DeFi adoption for the TON ecosystem,” the TON team wrote in the press release. “In addition to DeFi, TAC will pave the way for a wide range of innovative applications on the TON blockchain, such as gaming and decentralized identity solutions.”
The news comes as other major blockchain companies have pursued their own layer 2 networks in the past year. In August, the cryptocurrency exchange Coinbase was launched its “Base” blockchain with Optimism’s OP Stack, which starts the trend. Since then, protocols such as Celo and Worldcoin has shared their plans to launch layer 2 rollups with OP Stack and also with cryptocurrency exchange OKX released a layer-2 called “X Layer” with Polygon’s CDK in April.
“We chose to build on the Polygon ecosystem because of its EVM compatibility, AggLayer’s EVM liquidity bridging, extensive implementation support, and Polygon’s EVM expertise,” Pavel Altukhov, TAC’s founder, told CoinDesk via email. “The vibrant community surrounding Polygon was also a crucial factor in our decision.”
Read more: Crypto Exchange OKX’s Polygon-Powered Layer 2, ‘X Layer’, hits the public mainnet
