The Open Network (TON) has outlined an ambitious roadmap for the first half of 2025, introducing nine key updates that include the launch of a Layer-2 network. This new initiative aims to enhance the platform’s capabilities, allowing it to better compete with dominant players such as Ethereum.
What Features Will the Layer 2 Network Offer?
The TON Core team’s roadmap emphasizes the Layer 2 payment network as a significant update. This initiative is designed to accommodate up to 500 million active users, focusing primarily on scalability.
How Will TON Improve User Experience?
While TON’s main layer prioritizes scalability and decentralization, the new Layer 2 network will focus on speed and affordability. The system aims to facilitate high-frequency transactions, including on-chain trading and instant gaming experiences, addressing users’ daily needs effectively.
In addition to the payment network, advancements will include enhanced main net upgrades, new validator tools, and the innovative Toncenter API. The launch of TON BTC Teleport will enable seamless asset transfers between Bitcoin and TON, broadening user access to various networks.
Recent developments have also influenced Toncoin’s market value. With the current price at $4.917—down over 40% from its peak—innovations linked to the protocol, including Telegram’s new features, could positively affect its price trajectory moving forward.
– Enhanced Layer 2 payment network for 500 million users.
– Prioritized speed and cost-effectiveness for high-frequency transactions.
– New tools and APIs to facilitate growth and usability.
– Cross-chain solutions to enable transfers between Bitcoin and TON.
The technological enhancements and protocol updates are likely to invigorate the TON ecosystem, fostering user interest through faster transactions and improved access to cross-chain functionalities. This proactive approach positions TON for a potentially brighter future in the competitive blockchain landscape.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Source: https://en.bitcoinhaber.net/ton-unveils-ambitious-plans-for-2025