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<ul>
 <li>TON Foundation aims to set a world record for the fastest blockchain on October 31.</li>
 <li>TON’s rapid growth and reliability position it as a blockchain contender.</li>
 <li>Collaboration with Telegram underscores TON’s commitment to decentralizing tech.</li>
</ul>
<p>The <a href="https://ton.org/" target="_blank" rel="noopener noreferrer nofollow">Open Network Foundation</a> (TON Foundation) is gearing up to challenge the likes of Bitcoin, <a href="https://ripple.com/" target="_blank" rel="noopener noreferrer nofollow">Ripple (XRP)</a>, and Hedera by attempting to break the world record for the fastest blockchain. On October 31, 2023, at 15:00 UTC, TON Foundation will conduct a public network performance test to demonstrate the speed, scalability, and reliability of the TON blockchain.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> The Open Network (<a href="https://twitter.com/hashtag/TON?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#TON</a>) is gearing up to break the world record for the fastest blockchain to challenge <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a>, <a href="https://twitter.com/hashtag/Ripple?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Ripple</a> (<a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a>) and <a href="https://twitter.com/hashtag/Hedera?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Hedera</a> on October 31, 2023 at 15:00 UTC!<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f310.png" alt="🌐" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4a8.png" alt="💨" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>TON Foundation plans a record-breaking TON blockchain test with 256 validator nodes! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/d2SN14EwFN" rel="noopener noreferrer nofollow">pic.twitter.com/d2SN14EwFN</a></p>— Collin Brown (@CollinBrownXRP) <a href="https://twitter.com/CollinBrownXRP/status/1712746286972088530?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 13, 2023</a>
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<p>This groundbreaking event will involve setting up 256 validator nodes, separate from the current TON blockchain, for the performance test. The TON blockchain has experienced exponential growth since 2022, with a 20-fold increase in addresses, reaching an impressive 3.5 million.</p>
<p>The expansion of TON’s user base coincides with the growth of TON validator nodes. This now stands at 350, spread across 25 different nations. Specifically, TON’s blockchain has maintained a strong track record with no major network disruptions.</p>
<p>The recent collaboration between TON Foundation and Telegram further emphasizes TON’s commitment to mainstreaming decentralized technology. Anatoly Makosov, core development lead at TON Foundation, <a href="https://dailyhodl.com/2023/10/11/the-open-network-ton-to-attempt-world-record-for-the-fastest-blockchain/" rel="noopener noreferrer nofollow">expresses excitement</a> about the upcoming performance test.</p>
<p>“We look forward to October 31, 2023, to confirm that the TON blockchain stands out among any other blockchain, especially in its scalability.”</p>
<p>The event will be available for global audiences to witness in real-time, with a reminder that the content should be viewed for informational purposes only, and no investment decisions should be based solely on the outcome.</p>
<p>The Open Network Foundation, <a href="https://cryptonewsland.com/ton-foundation-founded-in-switzerland-as-a-non-profit-organization/" target="_blank" rel="noopener noreferrer nofollow">established in 2023 in Switzerland</a>, is a non-profit organization fully funded by the community. It supports initiatives aligned with The Open Network’s mission of putting crypto into every pocket through the development of a Web 3.0 <a href="https://cryptonewsland.com/toncoin-soars-almost-90-amid-telegram-integration-hype/" target="_blank" rel="noopener noreferrer nofollow">ecosystem within Telegram Messenger</a>.</p>
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<p>The post <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com/ton-network-poised-to-set-a-new-world-record-for-fastest-blockchain/">TON Network Poised to Set a New World Record for Fastest Blockchain</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

TON Network Poised to Set a New World Record for Fastest Blockchain

Crypto News Land

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