Ton Network Processed Record Breaking 104,715 Transaction Per Second
TON sets a new speed record on Halloween, with over 100k transactions a second, promising to revolutionize crypto use on Telegram.
On Halloween 2023, The Open Network (TON) amazed the world by hitting a peak of 104,715 transactions per second. In just 25 minutes, it completed over 107 million transactions in its first public test.
TON Outperforms Major Payment Networks:
This achievement, confirmed by CertiKCommunity, positions TON as the world’s fastest blockchain, leaving behind all first-layer blockchains and even big payment systems like Visa.
How TON Achieves High Speed:
TON's secret is horizontal sharding technology, which boosts speed, enhances security, and maintains decentralization.
This record proves TON's strength to support Web3 ecosystems and turn Telegram into a global, decentralized super app, making cryptocurrency accessible to everyone.
Addressing Digital Security and Privacy:
TON is tackling internet privacy and security by integrating a Web3 ecosystem into Telegram, giving users control over their digital identity and assets.
Formed in 2023 in Switzerland, the non-profit TON Foundation is community-funded and supports The Open Network's goals.
Currently, TON’s crypto token price is $2.30, with a 0.84% increase in the past day and a 10.44% rise over the week.
This groundbreaking test is drawing global investor attention towards TON's blockchain technology.
Below is a chart showing Toncoin's Price movement in the past 7 days https://coinpaprika.com/coin/toncoin-the-open-network/
