Both these integrations mean that the ORBS token can now be bridged to the TON blockchain with liquidity pools and swap functions coming very soon

Orbs Added to Orbit Bridge

‌Orbit Bridge by Ozys is an interchain communication protocol that allows communication between heterogeneous blockchains using Inter-Blockchain Communication (IBC) technology. Orbit Bridge IBC allows different blockchains to communicate with each other using Orbit Chain.

Users can utilize the various assets of various chains in all dApps through simple transactions on each chain:

• Sending cross-chain data between heterogeneous chains: Users can send assets or data to any chain connected to Orbit Bridge.
• Trustless, Secure Multiple-Signature Verification: All consensus happens on-chain, and all authority throughout this process is decentralized.
• Fast, Secure Consensus Process: The consensus process is smart contract-based and goes through Orbit Chain.

To date, the Orbit Bridge has processed more than $12B in total bridge volume. It also holds almost $200M in TVL and is connected to 19 different networks with 85 tokens supported.

Furthermore, Orbit Bridge has recently announced that it has added support to TON (The Open Network). This means that the ORBS token is now available for the first time on the TON blockchain

Official Launch Partner of Megaton Finance

In addition to being added to the Orbit Bridge, Megaton Finance is announcing Orbs as an official launch partner of its much anticipated DEX-AMM protocol on TON.

With the project launch, the ORBS token will be listed on Megaton Finance, including liquidity pools and other functionalities!

Megaton Finance aims to become a link that connects the TON blockchain to the DeFi ecosystem by connecting it with other Layer 1 chains, such as Ethereum. Coming in January 2023, Megaton Finance is planned to be the first autonomous financial protocol within the TON network that provides yield farming opportunities such as swaps and pair deposits.

Megaton Finance plans to become more than only an AMM mechanism protocol. that provides revenue. Its goal is to be the main gateway to Web 3.0 through continued upgrades and integration with Telegram in the future.

ABOUT Orbs Network

The Orbs Network is an open, decentralized, and public blockchain infrastructure. Executed by a secure network of permissionless validators using Proof-of-Stake (PoS) consensus.

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ABOUT Orbit Chain

Orbit Chain is a cross-chain project that challenges the limitations of scalability due to the lack
of connectivity and limited resources of existing public chains.

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It is a project promoted by Telegram, a global messenger with 700 million monthly active users (MAU), and is being developed by the developer community as it transitions to open source in the future. Moreover, with the recent update of the wallet function in Telegram, the use of Toncoin, a native token of the ton blockchain, is also increasing.

Block and finalization time

Furthermore, TON generates a new block on each shard chain and the master chain approximately every 5 seconds. New blocks on all shard chains are generated around the same time. In addition, a new block on the master chain is generated about one second later because it must contain the hashes of the latest blocks of all shard chains.

Performance

TON is a Turing-complete and high-performance blockchain that can accommodate any transaction complexity on a master chain and all of its work chains. Turing-complete means that a programming language or abstract machine has the same computational power as a Turing machine so that programming language or abstract machine can solve computational problems.

Scalability

Additionally, TON supports work chains and dynamic sharding. The system can potentially accommodate up to 232 workchains, each of which can be subdivided into up to 260 shard chains with near-instant cross-shard and cross-chain communication, resulting in millions of transactions per second.

The TON blockchain remains one of the few truly scalable blockchain projects as of 2022. As such, it is still the most advanced blockchain project. Capable of performing millions and, if it becomes necessary in the future, tens of millions of true Turing-complete smart contract transactions per second.

Orbit Bridge Support

Furthermore, the Orbit Chain team kept a close eye on the TON blockchain ecosystem, which has clear advantages and disadvantages.

Finally, Orbit confirmed the connection to the TON blockchain and entry into the TON ecosystem based on the eight reasons below.

1. TON has a clear goal of onboarding billions of users
2. Intends to achieve the popularization of blockchain by combining it with Telegram
3. Wants to enter a cross-chain ecosystem by connecting Bitcoin and EVM blockchains
4. Orbit Chain wants to transfer the DNA of success achieved in the Klaytn ecosystem to a global project (TON)
5. The TON Blockchain can create strong synergy with the Orbit Chain that connects everything
6. Orbit Chain can solve the problems of openness, scalability, and interoperability of TON
7. Orbit Bridge’s massive cross-chain liquidity (USDT, USDC, DAI, as well as MATIC, etc.) can be the starting point for pulling TON into the multi-chain universe
8. Orbit Chain Team (Ozys) can provide total solutions (Bridge, DEX, DeFi, Explorer, Chatbot, as well as Wallet, etc.)

ABOUT Orbit Chain

Orbit Chain is a cross-chain project that challenges the limitations of scalability due to the lack
of connectivity and limited resources of existing public chains. It also is a multi-asset blockchain that stores, transfers, and verifies information and assets which exist on various public blockchains through decentralized Inter Blockchain Communication (IBC

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ABOUT TON Blockchain

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.

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