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TON Becomes World’s Fastest Blockchain
The Open Network (TON) has taken the blockchain world by storm as it became the world’s fastest blockchain. With a remarkable achievement in speed during recent public testing, the TON development team reported that in a 12-minute experiment, an astounding 42 million transactions were conducted, setting a new record of 104,715 Transactions Per Second (TPS).
TON Sets a New Speed Record
Blockchain technology has long struggled with scalability issues, but TON has shattered the limitations that plagued previous networks. In a mere 11 minutes, the TON test network, consisting of 256 validators, managed to process a staggering 43,012,970 transactions. The peak transaction speed of 108,409 TPS recorded is a feat that surpasses all existing blockchain networks.
For comparison, established cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) have long struggled with transaction speed limitations, with Bitcoin managing a mere 5-7 TPS and
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