Orbs Expanding to TON Network
Orbs expanding to TON Network a fully decentralized layer-1 blockchain designed by Telegram to onboard billions of users. It boasts ultra-fast transactions, tiny fees, easy-to-use apps, and is environmentally friendly.
Since its inception in 2017, the mission of Orbs Network has been to empower developers to build better protocols and products without sacrificing decentralization or their ability to reach mass audiences. In addition, Orbs is set up as a separate decentralized infrastructure layer operating between existing L1/L2 solutions and the application layer, as a third layer and part of a tiered blockchain stack.
When operating as L3, Orbs is naturally augmenting an existing base L1 blockchain layer and builds on top of it. Ever since Orbs’ inception, this base layer L1 has always been the EVM – Ethereum’s Virtual Machine. Furthermore, Orbs run on top of all prominent EVM flavors, from Ethereum mainnet to Polygon, BSC, Avalanche, Fantom, and more, and allow smart contract developers on these platforms to enhance the capabilities of their applications.
Road to Mass Adoption
While Orbs is strongly committed to the EVM and will continue forever building on Ethereum and EVM-compatible networks, they have never lost the dream to reach billions of end users with blockchain technology. They have been patiently waiting for an L1 that could carry this dream.
Two exciting contenders appeared in recent years but unfortunately disappeared. Telegram Open Network with its GRAM token was announced in 2018 and hoped to bring Telegram’s massive 9-figure userbase to the blockchain and Facebook’s Diem with its Libra/DIEM token was announced in 2019 and hoped to bring Facebook’s 3-billion userbase to the blockchain as well. Both endeavors were ultimately unable to find a suitable regulatory path forward and had to cease.
The abandoned Telegram codebase has since been picked up by the open source community, reincarnated as The Open Network (TON) with now a fully decentralized token – TON Coin. You can read more about the history of TON here. TON’s mainnet officially launched in early 2021 and is quickly becoming more and more popular. The network today has over 1 million active wallets and has even been formally endorsed by Telegram’s CEO.
TON and Orbs Partnership
Orbs Network is announcing that it is officially building on TON as the first non-EVM L1. Creating a new L1 ecosystem is a great pioneering endeavor. The TON ecosystem is emerging, and it is lacking the maturity of the EVM ecosystem, but it holds great potential. Orbs will be delighted to help bring it to maturity and fulfill its promise.
As an L3 infrastructure layer, Orbs is establishing itself as a key TON ecosystem participant that is implementing new L3 use cases for protocols running on top of TON. The emerging TON ecosystem has much room for Orbs innovations and a huge potential for capturing exciting opportunities and becoming the first movers. They believe that Orbs can build some of the core infrastructures on TON and shoot to the moon as TON grows in traction.
ABOUT Orbs Network
Orbs is an open, decentralized, and public blockchain infrastructure. Executed by a secure network of permissionless validators using Proof-of-Stake (PoS) consensus.
ABOUT TON Network
TON is a fully decentralized layer-1 blockchain designed by Telegram to onboard billions of users. It boasts ultra-fast transactions, tiny fees, easy-to-use apps, and is environmentally friendly.
