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The Open Network's 2025 Development Plan: Updates and Enhancements

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by A1

3 hours ago


The Open Network (TON), originally created by Telegram, revealed its roadmap for early 2025, featuring significant upgrades aimed at improving the network’s scalability, decentralization, and usability.

Focus on Layer 2 Network

One of the key highlights of TON’s 2025 roadmap is the Layer 2 Payment Network. This network is designed to handle faster and cheaper transactions, crucial for applications requiring high transaction speeds, such as on-chain trading and gaming. The network allows for micro-commissions and seamless asset swaps, providing faster payment solutions and easing the load on the main network, contributing to a robust payment ecosystem for modern decentralized finance.

Enhancements to TON's Core Functionality

The TON Core team has outlined several notable upgrades, including:

- **Accelerator Mainnet Upgrade**: Enhancements in shardchain tracking and separating validator roles into collectors and validators to improve overall efficiency. - **Interoperability Goals**: Partnering with major projects like Axelar, LayerZero, and Wormhole to enhance cross-chain compatibility. - **Programming Language Update**: Launch of TOLK 1.0, providing better tools for smart contract development. - **BTC Bridging Mechanism**: A bridge between Bitcoin and Toncoin, in collaboration with RSquad, enabling seamless BTC transfers into the TON ecosystem.

TON's Path to Sustainable Growth

TON has reached over 113 million users by January 2025 while ending airdrop campaigns, generating over $2 million in fees in Q4 2024. Despite these achievements, the platform is still optimizing its DeFi sector, hosting approximately $294 million in total value locked (TVL). TON focuses on expanding real-world use beyond meme tokens and restricted airdrops, aiming to become a payment chain focusing on utility.

The Open Network is evidently gearing up for substantial enhancements in the coming years, focusing on scalability and functionalities that can meet the needs of modern decentralized financial systems and consumer applications.

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