TON Foundation to Attempt Guinness World Record for Fastest Blockchain
The Open Network Foundation, also known as the TON Foundation, has announced its plan to become the officially recognized fastest blockchain in the world by Guinness World Records. To showcase the speed, scalability, and reliability of The Open Network (TON) blockchain, a public network performance test is scheduled for October 31, 2023.
For this performance test, the TON Foundation will collaborate with Alibaba Cloud and set up 256 servers for validator nodes. A separate TON blockchain network will be created specifically for the test.
Rapid Growth and Reliability of TON Blockchain
Since 2022, the TON blockchain has experienced significant growth. The number of addresses on the network has increased by 20 times, going from 170,000 to an impressive 3.5 million. The expansion of TON validator nodes to 350 has also contributed to a more decentralized network spread across 25 different nations.
Despite this rapid growth, the TON blockchain has maintained a reliable track record with no major network disruptions reported.
TON Foundation’s Collaboration with Telegram
The recent collaboration between TON Foundation and Telegram further emphasizes the foundation’s commitment to bringing decentralized technology to mainstream adoption. The upcoming performance test is a crucial step in showcasing the unique capabilities of the TON blockchain as it solidifies its position as the trusted infrastructure layer for the Web3 ecosystem in Telegram.
Anatoly Makosov, Core Development Lead at TON Foundation, expresses excitement about confirming TON’s technical superiority among other blockchains through this public performance testing.
Witnessing the Event
Audiences worldwide are invited to witness the performance test in real time by visiting the live stream at live.ton.org. However, viewers are reminded to treat the event as informational and not make any investment decisions based on the outcome.
About TON Foundation and The Open Network (TON)
The TON Foundation is a non-profit organization founded in Switzerland in 2023. It is fully funded by the community and supports initiatives aligned with The Open Network’s mission. Learn more at https://ton.foundation.
The Open Network (TON) aims to make cryptocurrency accessible to everyone by building a Web3 ecosystem within Telegram Messenger. Through TON, billions of people have the opportunity to own their digital identity, data, and assets. Find out more at https://ton.org/.
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TON Foundation
“We look forward to October 31, 2023 to confirm that the TON blockchain technically stands out among any other blockchain, especially in its ability to scale,” says Anatoly Makosov, Core Development Lead at TON Foundation. “This is the first large-scale public performance testing of TON – we’re just as excited as you are to see the results.”
— Chainwire (@ChainwireNews) October 11, 2023
Hot Take: TON Foundation Aims to Break Blockchain Speed Records
The TON Foundation’s upcoming attempt to be recognized as the fastest blockchain in the world is an exciting development for the crypto community. With exponential growth and a reliable track record, the TON blockchain has proven its scalability and performance. The collaboration with Telegram further solidifies its position as a trusted infrastructure layer for Web3. The public performance test scheduled for October 31, 2023, will provide valuable insights into the capabilities of the TON blockchain. It will be fascinating to see if it can surpass other blockchains and set a new standard for speed and reliability.
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