TON Blockchain Achieves Record-Breaking Transaction Speeds in Stress Test
Zug, Switzerland, November 2nd, 2023
The TON blockchain has set a new record by achieving 104,715 transactions per second (TPS) during a live-streamed stress test. This milestone was verified and confirmed by Certik, a Web3 smart contract auditor.
TON Blockchain: The World’s Fastest and Most Scalable
The TON Foundation announced that the TON blockchain is now recognized as the world’s fastest and most scalable public blockchain. During the stress test, the TON testnet utilized 256 validators and split into 512 shards under heavy load, resulting in the impressive TPS rate.
This success demonstrates that the TON blockchain can serve as the infrastructure layer for Telegram’s Web3 ecosystem and large enterprises seeking to develop blockchain-based products. Additionally, it positions TON as a global decentralized network capable of disrupting traditional finance.
Surpassing Visa’s Speed and Previous Record Holders
The TON testnet surpassed Visa’s reported speed of transactions, reaching speeds of approximately 100,000 TPS. This far exceeds the previous record of around 65,000 TPS held by another blockchain.
Certik Verification and Alibaba Cloud Infrastructure
CertiK performed formal verifications of the TON blockchain to ensure its stability and security. The stress test was conducted using Alibaba Cloud’s infrastructure.
The stress test involved multiple layers of verification and performance monitoring. CertiK authenticated the network’s architecture and ensured uniformity among the validators’ software versions. Transaction counts were fetched at one-minute intervals using TON lite servers to calculate the TPS.
TON’s Unique Architecture and Scalability
TON’s unique architecture is designed for scalability. It utilizes an “infinite sharding paradigm” to create a blockchain of blockchains. TON can split into numerous workchains and shards, rapidly scaling its capacity based on demand.
TON Foundation Partnerships and Mass Adoption
A number of large enterprises, including Telegram and Tencent Cloud, have recognized the benefits of using TON as their Web3 infrastructure. These partnerships are just the beginning, as TON aims to accelerate the mass adoption of blockchain technology.
“Despite the record-breaking results, the speed reached is not the limit of what TON is capable of. With sufficient validators, TON can scale almost infinitely and process millions of TPS from billions of users.” – Anatolii Makosov, Core Development Lead at TON Foundation
About TON Foundation
The Open Network Foundation (TON Foundation) is a non-profit organization funded by the community and dedicated to supporting initiatives aligned with The Open Network’s mission. Learn more at https://ton.foundation.
About The Open Network (TON)
The Open Network (TON) aims to make cryptocurrency accessible to everyone by building a Web3 ecosystem within Telegram Messenger. It empowers individuals to own their digital identity, data, and assets. Learn more at https://ton.org/.
Contact:
TON Foundation – [email protected]
Hot Take: The Future of Blockchain Technology with TON
The successful stress test conducted by TON has solidified its position as the world’s fastest and most scalable public blockchain. With its ability to process millions of transactions per second, TON has the potential to revolutionize various industries, including finance and communication. The partnerships with Telegram and Tencent Cloud further highlight TON’s significance in driving mass adoption of blockchain technology. As TON continues to enhance its infrastructure and attract more validators, we can expect even greater achievements in the future. The possibilities are limitless for TON as it paves the way for a decentralized and efficient Web3 ecosystem.
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