Margaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds a small amount of ETH and other altcoins.
based on Polygon’s technology. The team made the announcement on Tuesday at the Ethereum Community Conference in Brussels, Belgium,According to a press release shared with CoinDesk, TAC is “designed to enable EVM-based decentralized applications to TON’s ecosystem” while also allowing Ethereum developers to build new programs for Telegram’s users.
“TAC is set to significantly enhance liquidity access and accelerate DeFi adoption for the TON ecosystem,” the TON team wrote in the press release. “Beyond DeFi, TAC will pave the way for a wide range of innovative applications on the TON blockchain, such as gaming, and decentralized identity solutions.”
The news comes as other major blockchain companies have pursued their own layer-2 networks over the past year. In August, cryptocurrency exchange Coinbase launched“We chose to build on the Polygon ecosystem for its EVM compatibility, seamless availability of liquidity from EVM chains via AggLayer, comprehensive deployment support, and Polygon's EVM expertise,” said Pavel Altukhov, the founder of TAC, to CoinDesk over email.
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