Layer-1 crypto challenge The Open Community (TON) is saying plans to launch a layer-2 fee chain as a prime precedence for this yr.
In line with a brand new weblog put up on its roadmap, TON Core says a payments-focused L2 is essential to the ecosystem’s success.
“The highest precedence of layer-1 of the TON blockchain is the flexibility to scale and be capable of assist operations with 500 million energetic customers.
The design of layer-1 centered on scalability and decentralization somewhat than most pace of single transaction or minimal charges. However, the present pace and community charges absolutely meet the wants of mass customers for on a regular basis actions.”
TON Core says that to allow exercise comparable to high-frequency buying and selling and instantaneous gaming, a layer-2 have to be applied.
“One such answer is Cost Community, a Layer 2 system primarily based on fee channels and described within the unique TON whitepaper.
Cost Community permits for:
On the spot transfers with micro-commissions between customers,
Easy asset swaps…”
TON Core says the Cost Community is within the beta stage and has but to be absolutely examined or audited. There are three phases to the chain’s future growth:
“Testing and finalizing the present prototype.
Including assist for jettons and extra-currencies.
Including assist for swaps on the subsequent stage.”
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