The Open Network Foundation (TON Foundation) has announced that it will attempt to get certified as the fastest blockchain globally. On October 31, 2023, at 15:00 UTC, a public network performance test will be held to showcase The Open Network (TON) blockchain’s scalability, speed, and dependability.
The TON Foundation will engage with Alibaba Cloud, among other partners, to launch a separate TON blockchain network for performance testing and configure 256 servers for validator nodes.
The TON blockchain has grown at an exponential rate since 2022. The number of addresses on the network has increased dramatically, from 170,000 to an astounding 3.5 million, a 20-fold increase. The number of TON validator nodes has increased to 350 in tandem with the rise of TON’s user population, resulting in a more decentralized network currently dispersed throughout 25 different countries.
TON’s blockchain has maintained an exceptionally stable record throughout this explosive growth, with no known significant network outages.
Anatoly Makosov, Core Development Lead at TON Foundation said: “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. This is the first large-scale public performance testing of TON – we’re just as excited as you are to see the results.”
The September 13 announcement of the partnership between TON Foundation and Telegram highlights TON Foundation’s dedication to democratizing decentralized technologies. The forthcoming performance test is a crucial stage in showcasing the special powers of the TON blockchain, which is now established as the reliable infrastructure layer for Telegram’s Web3 ecosystem.
Viewers from all over the world are welcome to watch the event live at live.ton.org.