TON Blockchain Unveils W5 Smart Wallet Standard, No Longer Requires Notcoin to Participate in Ecosystem

The TON blockchain has witnessed an influx of people joining the ecosystem thanks to the network's success in hosting several powerhouse GameFi titles.

People are flocking to join the TON blockchain ecosystem thanks to the network’s success in hosting several major GameFi titles. Apps like Hamster Kombat and Notcoin have gained millions of daily users in just a few months, as people take advantage of the play-to-earn mechanics of these games.

Now, the development team is capitalizing on this success to create an open and interoperable Web3 ecosystem for all. The latest feature, a W5 Smart Wallet Standard, will improve scalability and support gasless transactions on the blockchain.

Tonkeeper, one of the most popular self-custody wallets on the TON blockchain, has teamed up with the Ton Core team to release the new W5 standard. This update will allow the community to pay transaction fees using USDT (when sending USDT), and USDT or Notcoin when sending Notcoin.

The improvement means that TON users will no longer need to use Toncoin to interact with the blockchain’s growing list of popular decentralized applications. This will make it easier to onboard new participants who may hold a lot of Tether’s stablecoin, but don’t necessarily want to go through the hassle of buying a new crypto asset.

The new wallet standard will also come with a range of security enhancements to ensure a safe blockchain environment for all.

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