Broxus, a participant in the Open Network (TON), ecosystem has launched TON Factory. This new platform is designed to speed up development of high-throughput apps like DEXs and blockchain-based gaming.
The April 30 post The project TON Factory announced on Telegram that it aims at helping developers quickly build and scale their projects by using modular components and integration tools. It also offers expert assistance and support.
“For OGs already building on TON, TON Factory helps you scale further,” The announcement said.
An announcement states that the project is backed with a team consisting of more than 150 engineers, who are experienced in delivering production ready infrastructure within the TON ecosystem.
Related: Venture capital firms invest $400M in TON blockchain
Broxus Tycho Protocol drives TON Factory
Broxus’ Tycho protocol is the underlying technology, combining a TVM consensus algorithm with Directed Acylic Graphs (DAG).
This hybrid solution is designed to deliver near-instant results and high performance. The TON Factory can reportedly handle up to 35 000 transactions per second.
“TON Factory also supports custom TVM chain deployments and offers tailored scaling solutions, helping ambitious teams drive the ecosystem forward.”
The time this was written is the current date. ToncoinAccording to CoinMarketCap, the native currency of The Open Network is currently trading at $3.22. This represents a drop of around 1% over the last 24 hours.
The TON Foundation reported that several venture capital companies will be launching in March 2025. invested more than $400 million The TON Blockchain is a sign of growing interest in Telegram’s messaging system.
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Source: cointelegraph.com
