Home web3.0 TON Application Chain and Polygon Labs Integrate EVM Functionality to Bring DApps to TAC Ecosystem

TON Application Chain and Polygon Labs Integrate EVM Functionality to Bring DApps to TAC Ecosystem

Jul 16, 2024 pm 12:06 PM

The TON Application Chain (TAC) and Polygon announced that the TON L2 had integrated Polygon CDK and the interoperability protocol Agglayer to bring EVM

TON Application Chain and Polygon Labs Integrate EVM Functionality to Bring DApps to TAC Ecosystem

Layer-2 blockchain solution TON Applications Chain (TAC) and Polygon Labs have integrated the Ethereum Virtual Machine (EVM) with the TON ecosystem.

In an announcement on July 9, TAC and Polygon announced the integration of Polygon CDK and interoperability protocol Agglayer to bring EVM-compatible decentralized applications (DApps) to TAC.

The move is set to expand the range of applications available to users of the TON network, spanning decentralized finance (DeFi), gaming, and identity solutions.

“This collaboration enhances our ability to bridge the gap between TON and Ethereum ecosystems,” which will accelerate DApp integration within Telegram, said TAC’s CEO Pavel Altukhov in a statement.

By leveraging applications like Wallet in Telegram, the EVM-compatible integration will see Ethereum developers gain access to a large number of users on Telegram, enabling them to build more real-world crypto applications. Some of the potential use cases mentioned by the team include DeFi applications, gaming and decentralized identity solutions.

In a July 6 post to X, Messari noted that the number of daily active addresses on the TON network had surpassed Ethereum throughout June.

TAC’s founding team includes Curve founder Michael Egerov and the team behind The Open Protocol (TOP), which offers crypto wallet functionality from within the Telegram app.

The statement describes TAC as a layer-2 network built on TON designed to bring EVM-based decentralized applications to TON and Telegram users.

Rise of phishing attacks on TON

Despite the recent success of the TON ecosystem — which has been bolstered by a significant uptick in trading activity of new tokens on the network — there has also been a rise in phishing attacks on the blockchain.

On June 24, SlowMist founder Yu Xian warned the Telegram ecosystem was “too free,” with phishing links being spread through the platform’s message groups, airdrops and other “deceptive methods.”

Although the Telegram messenger typically requires phone numbers to be tied to an account, Xian explained that phishing risks were higher for users with anonymous numbers.

Users of this nature do not have accounts linked to SIM cards, and as such, their accounts can be lost if they are phished by bad actors on the platform.

As of April, Telegram has an estimated 196 million daily active users and 800 million monthly active users, according to BankMyCell.

The above is the detailed content of TON Application Chain and Polygon Labs Integrate EVM Functionality to Bring DApps to TAC Ecosystem. For more information, please follow other related articles on the PHP Chinese website!

Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

Hot Topics

Java Tutorial
1664
14
PHP Tutorial
1266
29
C# Tutorial
1239
24
Nasdaq Files to List VanEck Avalanche (AVAX) Trust ETF Nasdaq Files to List VanEck Avalanche (AVAX) Trust ETF Apr 11, 2025 am 11:04 AM

This new financial instrument would track the token's market price, with a third-party custodian holding the underlying AVAX

OM Mantra Cryptocurrency Crashes 90%, Team Allegedly Dumps 90% of Token Supply OM Mantra Cryptocurrency Crashes 90%, Team Allegedly Dumps 90% of Token Supply Apr 14, 2025 am 11:26 AM

In a devastating blow to investors, the OM Mantra cryptocurrency has collapsed by approximately 90% in the past 24 hours, with the price plummeting to $0.58.

TrollerCat ($TCAT) Stands Out as a Dominant Force in the Meme Coin Market TrollerCat ($TCAT) Stands Out as a Dominant Force in the Meme Coin Market Apr 14, 2025 am 10:24 AM

Have you noticed the meteoric rise of meme coins in the cryptocurrency world? What started as an online joke has quickly evolved into a lucrative investment opportunity

Zcash (ZEC) Reaches a High of $35.69 as a Record Amount of Tokens Move Out of Circulation Zcash (ZEC) Reaches a High of $35.69 as a Record Amount of Tokens Move Out of Circulation Apr 09, 2025 am 10:36 AM

Zcash was one of the top gainers during the latest market rally, reaching a high of $35.69 as traders moved a record amount of tokens out of circulation.

Is Wall Street Quietly Backing Solana? $42 Million Bet Says Yes Is Wall Street Quietly Backing Solana? $42 Million Bet Says Yes Apr 10, 2025 pm 12:43 PM

A group of former Kraken executives acquired U.S.-listed company Janover, which secured $42 million in venture capital funding to begin building a Solana (SOL) treasury.

The Crypto Market Has Witnessed a Rebound Following the Recent Sheer Downturn The Crypto Market Has Witnessed a Rebound Following the Recent Sheer Downturn Apr 13, 2025 am 11:40 AM

The crypto market has witnessed a rebound following the recent sheer downturn. As per the exclusive market data, the total crypto market capitalization has reached $2.71Ts

As Fear Drives Selling, BlockDAG (BDAG) Stands Out from the Crowd As Fear Drives Selling, BlockDAG (BDAG) Stands Out from the Crowd Apr 13, 2025 am 11:48 AM

As fear drives selling in the crypto market, major coins like Cardano and Solana face tough times.

Bitcoin (BTC) Has Outperformed Ethereum by Over 85% in Realized Market Cap Growth Bitcoin (BTC) Has Outperformed Ethereum by Over 85% in Realized Market Cap Growth Apr 11, 2025 am 10:12 AM

Bitcoin (BTC) has outperformed Ethereum by over 85% in realized market capitalization growth, according to data provided by on-chain analytics platform Glassnode on April 10.