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Cryptocurrency News Articles

Ankr-Backed TAC Expands TON Network Capabilities, Enabling Ethereum Projects to Integrate Seamlessly

Feb 07, 2025 at 09:44 pm

Ankr has been selected to play a key role in the expansion of the TON Network through TAC, a newly introduced extension that ensures full compatibility

Ankr-Backed TAC Expands TON Network Capabilities, Enabling Ethereum Projects to Integrate Seamlessly

Ankr (CRYPTO: ANKR) has been tapped to play a central role in the expansion of the TON Network through the introduction of a new extension, known as TAC, that will enable full compatibility with the Ethereum Virtual Machine (EVM).

This development will empower Ethereum-based projects to integrate seamlessly with the TON blockchain, significantly broadening their reach. By leveraging this extension, developers will gain access to a vast user base, including 100 million active wallets within TON and the nearly 950 million users on Telegram.

The architecture of TAC is designed using the Cosmos SDK in conjunction with Ethermint, a framework that facilitates EVM execution within the Cosmos ecosystem. The integration of these technologies enables smooth interoperability between Ethereum-based applications and TON, enhancing the overall accessibility of decentralized finance (DeFi) and other blockchain-based services.

To strengthen security and decentralization, TAC incorporates Babylon’s Bitcoin (CRYPTO: BTC) staking protocol. This addition enhances the underlying infrastructure by utilizing Bitcoin’s robust network, making the TAC ecosystem more resilient.

The framework supports restaking functionalities for various assets, including Teleport BTC (tgBTC), stTON, and tsTON. These assets contribute to the network’s liquidity while reinforcing the stability and reliability of transactions conducted within the ecosystem.

As a key component of the initiative, TAC is the first blockchain to implement Ankr’s Bitcoin Secured Infrastructure. This mechanism facilitates a bridge between Ethereum’s extensive liquidity and TON’s scalable environment, improving transaction efficiency and fostering greater engagement in Web3 activities.

The project aims to drive adoption within Telegram’s blockchain ecosystem by combining Ethereum’s financial strengths with TON’s expansive user base.

The collaboration between Ankr and TAC marks a significant step in expanding the capabilities of blockchain applications within Telegram’s digital landscape. By enabling Ethereum projects to operate within TON’s infrastructure, the initiative creates new opportunities for developers and users within the Telegram ecosystem.

The integration of Bitcoin staking further fortifies security while enhancing overall decentralization, positioning TAC as a crucial development in the Web3 space.

As blockchain adoption continues to grow, the introduction of EVM compatibility within TON is expected to attract more developers looking to deploy decentralized applications in a high-traffic environment. With Ankr providing critical support, TAC aims to establish a seamless connection between Ethereum and TON, driving innovation and expanding the reach of blockchain-powered solutions across Telegram’s vast user base.

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Other articles published on Feb 08, 2025