{"id":182543,"date":"2023-10-11T17:38:59","date_gmt":"2023-10-11T17:38:59","guid":{"rendered":"https:\/\/precoinnews.com\/?p=182543"},"modified":"2023-10-11T17:38:59","modified_gmt":"2023-10-11T17:38:59","slug":"the-open-network-ton-to-attempt-world-record-for-the-fastest-blockchain","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/the-open-network-ton-to-attempt-world-record-for-the-fastest-blockchain\/","title":{"rendered":"The Open Network (TON) to Attempt World Record for the Fastest Blockchain"},"content":{"rendered":"<p><strong>Zug, Switzerland, October 11th, 2023, Chainwire<\/strong><\/p>\n<p>Today, the Open Network Foundation (TON Foundation) announces their upcoming attempt to officially be named the world\u2019s fastest blockchain, accredited by Guinness World Records. The public network performance test, which is scheduled for October 31, 2023, at 15:00 UTC,\u00a0will demonstrate the reliability, scalability, and speed of The Open Network (TON) blockchain.\u00a0<\/p>\n<p>TON Foundation will collaborate with Alibaba Cloud, amongst others, to set up 256 servers for validator nodes and start a separate TON blockchain network for performance tests.\u00a0<\/p>\n<p>Since 2022, the TON blockchain has experienced exponential growth. The network has seen a staggering 20-fold increase in addresses, skyrocketing from 170,000 to a remarkable 3.5 million. The growth of TON\u2019s user base has come alongside the expansion of TON validator nodes to 350, creating a more decentralized network now spread over 25 separate nations.<\/p>\n<p>Throughout this rapid expansion, TON\u2019s blockchain has upheld a notably reliable track record, with no documented major network disruptions.<\/p>\n<p>The collaboration between TON Foundation and Telegram, announced on September 13, underscores TON Foundation\u2019s commitment to bringing decentralized technology to the mainstream. The upcoming performance test is a pivotal step in demonstrating the unique capabilities of the TON blockchain, now cemented as the trusted infrastructure layer for the Web3 ecosystem in Telegram.<\/p>\n<p>\u201cWe look forward to October 31, 2023 to confirm that the TON blockchain technically stands out among any other blockchain, especially in its ability to scale,\u201d says Anatoly Makosov, Core Development Lead at TON Foundation. \u201cThis is the first large-scale public performance testing of TON \u2013 we\u2019re just as excited as you are to see the results.\u201d<\/p>\n<p>Audiences worldwide are invited to witness the event in real time by visiting\u00a0live.ton.org. Viewers are encouraged to view the event for informational purposes only and should not make any investment decisions based on the outcome.<\/p>\n<p><strong>About TON Foundation<\/strong><\/p>\n<p>The Open Network Foundation (TON Foundation) is a non-profit organization founded in Switzerland in 2023. TON Foundation is 100% funded by the community, acting in the community\u2019s interests, and supports initiatives aligned with The Open Network\u2019s mission. Learn more at\u00a0https:\/\/ton.foundation.<\/p>\n<p><strong>About The Open Network (TON)<\/strong><\/p>\n<p>The Open Network (TON) is putting crypto in every pocket. By building a Web3 ecosystem in Telegram Messenger, TON is giving billions the opportunity to own their digital identity, data, and assets. See more at\u00a0https:\/\/ton.org\/.<\/p>\n<h5>Contact<\/h5>\n<p><strong>TON Foundation<\/strong><br \/><strong>[email&#160;protected]<\/strong><\/p>\n<p>Source: <a href=\"https:\/\/www.cryptoglobe.com\/latest\/2023\/10\/the-open-network-ton-to-attempt-world-record-for-the-fastest-blockchain\/\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zug, Switzerland, October 11th, 2023, Chainwire Today,<\/p>\n","protected":false},"author":3,"featured_media":182542,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Open Network (TON) to Attempt World Record for the Fastest Blockchain - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/the-open-network-ton-to-attempt-world-record-for-the-fastest-blockchain\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Open Network (TON) to Attempt World Record for the Fastest Blockchain - 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