- The Ton Factory, launched by Broxus, combines TVM with a DAG -based mechanism that can hold up to 35,000 transactions per second.
- In March this year, the Ton Foundation announced that various venture capital companies have invested more than $ 400 million in ton blockchain.
Broxus, TVM-powered blockchain solutions launched TON FACTORY, a new platform made to boost the advancement and scalability of high-throughput applications such as decentralized exchanges (DEX) and blockchain-based games.
On April 30, Ton Posted on Telegram, citing ton factory targets to help developers quickly build and scale projects with modular components, integration tools, and hands-on support.
Further announcement has been mentioned that for the OGS to this day the creation of tons, tons helps you in the scale. This massive step is supported by a team of more than 150 engineers with experienced delivering infrastructure ready for production in ton ecosystem.
The main architecture uses Broxus's Tycho protocol, which includes TVM with a direct acyclic graph (DAG) consensus mechanism. The hybrid design is made to have a close instant end and high throughput.
It can also be handled around 35,000 transactions per second, a milestone that can place a ton factory as a tough competitor to other layer-1 and layer-2 solutions. The TON FACTORY also supports the custom deployment of the TVM chain and provides custom scale solutions, helping ambitious teams to skill the ecosystem.
A diving in ton price
As per data from CoinMarketCap, at the time of press, Toncoin (Ton) traded around $ 3.22, and it reduced by 1.77% in the past 24 hours. The general trading volume also reduced by 14.42%, taking it to $ 106.92 million.
Talking about its market capitalization is also at $ 8.11 billion. The community shows a bullish emotion, however, it also gradually refused from 83% yesterday to 79% on April 30.
In March this year, the Ton Foundation announced that various venture capital companies invested more than $ 400 million in ton blockchain, indicating an increase in interest in the telegram messaging ecosystem.
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