On October 11, the Open Network Foundation (TON Foundation) announced its participation in a Guinness World Records-approved competition to claim the title of "world's fastest blockchain." The public network performance test is slated to take place on October 31, 2023, at 15:00 UTC. During this event, the blockchain network will be rigorously tested for its reliability, scalability, and speed.
In a remarkable testament to its growth, the TON blockchain has experienced exponential expansion since 2022. The user base has surged by a staggering 20-fold, catapulting from 170,000 to an impressive 3.5 million addresses. This surge has been complemented by an increase in TON validator nodes, which now stand at 350. This expansion has contributed to a more decentralized network that spans over 25 countries.
Despite this rapid growth, the TON blockchain has demonstrated a commendable track record of reliability. To date, there have been no documented major network disruptions, underscoring the robustness and scalability of the TON blockchain. As the network continues to evolve and compete for the title of the fastest blockchain, it represents a compelling force in the blockchain space. The global blockchain community will eagerly await the results of this competition.
The TON Foundation is teaming up with Alibaba Cloud and others to launch a dedicated TON blockchain network for performance testing. The test will involve 256 validator node servers. A live broadcast of the test event will be streamed on live.ton.org for those interested in witnessing it.
However, the TON Foundation advises that the event be viewed for educational purposes only and that viewers should not make any financial decisions based on the outcome.
Anatoly
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