The Open Network (TON) has undergone a major update that has made the blockchain ten times more productive, with block creation speed increasing sixfold. Now, transactions on the TON network are completed in less than a second, significantly enhancing operational efficiency and opening new opportunities for users and developers.
This is reported by Finway
New Technical Capabilities and Implementation of Catchain 2.0
The key changes include the implementation of the Catchain 2.0 consensus mechanism, which has transformed the approach to transaction agreement. As a result:
- blocks are generated every 400 milliseconds;
- a streaming layer for real-time data transmission has been added;
- the time to reach consensus has been reduced several times.
TON developers emphasize that the multi-second delays previously characteristic of blockchains are now a thing of the past. The delay between user action and transaction confirmation has virtually disappeared: payments are processed in approximately one second, transactions are executed in real time, and applications respond instantly.
“This was the first of seven steps within the Make TON Great Again (MTONGA) initiative,” noted Durov.
Impact of the Update on the Economy and Future Plans
The update has already enabled sub-second finalization of operations on the TON mainnet. This is not just a technical enhancement, but a fundamental change in the capabilities of the blockchain, which is particularly important for the Telegram ecosystem with over a billion users.
Pavel Durov added that the next step will be to reduce network fees by six times. The increase in the number of blocks also affects the economic model of TON: validators will receive more rewards, stimulating participation in staking. According to developers’ estimates, the annual inflation of TON could rise from 0.6% to 3.6%, while rewards will stabilize at a new level.
“The update also strengthens the economic foundation of the network. A greater number of blocks means more rewards for validators, creating stronger incentives for staking and attracting more TON into the network. It is expected that the annual inflation of TON will increase from approximately 0.6% to 3.6% as a result of these changes. As staking participation grows, rewards will settle at a new equilibrium level,” the statement said.
Currently, the price of Toncoin (TON) hovers around $1.3, and analysts note an increase in interest in the asset against the backdrop of technological changes.
TON/USDT chart on Binance. Data: TradingView.
As is known, at the end of 2025, Pavel Durov announced the launch of the decentralized artificial intelligence network Cocoon, built on the basis of TON. By then, the system had already begun processing user requests.