TON Blockchain Update Achieves Tenfold Performance Boost
- Block creation speed has increased sixfold, now generating blocks every 400 milliseconds.
- Transactions are processed in under one second due to the new Catchain 2.0 consensus mechanism.
- Annual inflation rates for TON are projected to rise from 0.6% to 3.6% as staking participation increases.
- Future plans include significantly reducing transaction fees to improve user experience.
- The update is part of the “Make TON Great Again” initiative led by Telegram founder Pavel Durov.
The recent enhancements to The Open Network (TON) blockchain represent a significant leap in its operational efficiency and economic framework, driven by technological advancements such as the Catchain Token mechanism and reduced transaction times.
With block creation speeds now six times faster, TON aims to attract more validators and users alike through improved rewards and lower fees.(Source)
