Ethereum

DeFi

Polygon

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    <h4 class="relative p-1 rounded-sm flex items-center justify-center bg-token-main-surface-primary text-token-text-primary h-8 w-8"><strong>This collaboration aims to revolutionize the TON network by integrating Ethereum Virtual Machine (EVM) functionality.</strong></h4> 
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     It will open up a wide array of decentralized applications (DApps), including DeFi and GameFi. Let’s discover more about this important news for TON.
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  <h5><strong>Revolutionizing TON with EVM Integration</strong></h5> 
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<p>TON Application Chain and Polygon Labs revealed that TON L2 has integrated <a href="https://docs.polygon.technology/cdk/" target="_blank" rel="noopener">Polygon’s&nbsp; (CDK)</a> and the Agglayer interoperability protocol. These integrations enable the deployment of EVM-compatible DApps on TAC. This significantly expands the utility and user base of the TON network.</p> 
<p>The integration of EVM functionality means that Ethereum developers can now seamlessly port their applications to TON. This will leverage the large user base already present on platforms like Telegram. This move is expected to catalyze the development and adoption of real-world crypto applications within the <a href="https://www.coingecko.com/en/categories/ton-ecosystem" target="_blank" rel="noopener">TON ecosystem</a>. Particularly through popular interfaces such as the Wallet in Telegram.</p> 
<p><img decoding="async" class="wp-image-145216 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vcxvbbnvghgffdggfd-245x300.jpg" alt="" width="430" height="526" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vcxvbbnvghgffdggfd-245x300.jpg 245w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vcxvbbnvghgffdggfd-344x420.jpg 344w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vcxvbbnvghgffdggfd.jpg 391w" sizes="(max-width: 430px) 100vw, 430px"></p> 
<h6 style="text-align: center;"><strong>Source: <a href="https://x.com/0xPolygon/status/1810794847562825931" target="_blank" rel="noopener">X</a></strong></h6> 
<p>The partnership between TON Application Chain and Polygon Labs not only aims to increase the diversity of applications available but also enhances the network’s capabilities in DeFi, <a href="https://www.altcoinbuzz.io/?s=web3+gaming" target="_blank" rel="noopener">web3 gaming</a>, and identity solutions. By tapping into the interoperability features provided by Agglayer, users will benefit from improved scalability, reduced transaction costs, and faster confirmation times across various applications.</p> 
<h5><strong>More About TON</strong></h5> 
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      <p>From now until August 8th, users can benefit from gas fee subsidies by downloading the <a href="https://x.com/BitgetWallet" target="_blank" rel="noopener">Bitget Wallet</a> and engaging with the chain.</p> 
      <p><img decoding="async" class="wp-image-145219 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vcxvcbnvbhgjhgjh-258x300.jpg" alt="" width="421" height="489" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vcxvcbnvbhgjhgjh-258x300.jpg 258w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vcxvcbnvbhgjhgjh-362x420.jpg 362w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vcxvcbnvbhgjhgjh.jpg 391w" sizes="(max-width: 421px) 100vw, 421px"></p> 
      <h6 style="text-align: center;"><strong>Source: <a href="https://x.com/BitgetWallet/status/1810239808792584652" target="_blank" rel="noopener">X</a></strong></h6> 
      <p>This initiative allows participants to explore and profit from its ecosystem without incurring any transaction costs, making it an ideal opportunity to experience the benefits of DeFi on its blockchain firsthand.</p> 
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<h6><strong>Disclaimer</strong></h6> 
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/ton-application-chain-and-polygon-launch-ton-l2/">TON Application Chain and Polygon Launch TON L2</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

TON Application Chain and Polygon Launch TON L2

Altcoin Buzz

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