In an astonishing display of technological prowess, the TON Blockchain shattered previous records on October 31, establishing itself as the fastest and most scalable blockchain in the world. The performance achieved during a public test has raised the bar for the burgeoning Web3 infrastructure and demonstrates the immense potential of TON’s unique architecture.
During a livestream event organized by the TON Foundation and independently audited by Certik, the TON Blockchain set an unprecedented world record by processing a staggering 104,715 transactions per second. This remarkable achievement not only highlights the extraordinary capabilities of TON but also surpasses the performance of many centralized payment systems.
To put this accomplishment into perspective, let’s take a look at a comparison with the top 25 blockchains listed on CoinMarketCap. TON outperforms well-known blockchains and traditional bank payment networks by a wide margin, often exceeding their transaction processing capabilities by several orders of magnitude.
So, how did TON accomplish this remarkable feat during the public test? The test involved deploying 256 servers from Alibaba Cloud as validator nodes and launching a separate TON Blockchain network. A unique “bomb” smart contract was created, continuously transmitting transactions to exponentially increase the network’s load, simulating the activity of millions of users.
The “bomb” was detonated for 10 minutes, resulting in a substantial increase in network load. The network split into shardchains, eventually forming 512 shards, and maintained a transaction processing rate of 90-110K transactions per second. This test was conducted transparently in real-time by TON’s core team, overseen by independent auditor Certik, and meticulously documented.
The secret to TON’s scalability and speed lies in its revolutionary approach known as “dynamic sharding.” As the network experiences increased user activity or load, it can seamlessly split into smaller shardchains, each managed by its group of validators. This distribution of the workload allows TON to adapt to fluctuations in demand, a feature rarely seen in modern blockchains.
What makes TON even more impressive is that its scalability isn’t limited. With a sufficient number of validator nodes, TON can process millions of transactions per second. This expansion is made possible as independent operators in different data centers rent servers for validator nodes, and part of the network’s commission from each transaction serves as a reward for the validators, encouraging more to join as the load increases.
TON’s remarkable achievement challenges the previous title holder for the fastest blockchain, Solana. TON not only outperforms Solana’s results in absolute numbers but also demonstrates qualitative differences that set it apart. While Solana relies on vertical scaling, which has its physical limits, TON employs dynamic sharding, allowing it to scale almost infinitely.
Furthermore, TON’s unique capabilities extend to processing Turing-complete smart contracts efficiently. This means complex decentralized applications, decentralized exchanges, and marketplaces can run seamlessly on the blockchain without slowing down its performance. In contrast, Solana’s performance diminishes when executing arbitrary transactions.
Another critical aspect to consider when evaluating blockchains is “Time-to-finality.” In TON, once a block is written to the blockchain, it is final and cannot be changed. With blocks being created approximately every 4-6 seconds on the main network, TON boasts a 6-second Time-to-finality, ensuring swift and irrevocable transactions.
When comparing transaction speeds across different blockchains, it is crucial to use consistent terminology. TON’s metrics adhere to the common definition of “transaction.” Some blockchains may count multiple operations as transactions, significantly affecting their TPS.
Lastly, while TON operates as a Layer 1 blockchain, it still outperforms many Layer 2 solutions in terms of speed and performance. TON is also working on its own Layer 2 solution, the TON Payment Network, which will enable instant micropayments without network fees.
In conclusion, TON’s recent achievement in the public test underscores its technical leadership in the blockchain space. Its remarkable scalability, speed, and adaptability set new standards for blockchain technology. As the TON project continues to advance, it is evident that TON is paving the way for the mass adoption of cryptocurrencies and decentralized technologies, setting a precedent for the future of Web3 infrastructure.
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