Post
Topic
Board Altcoin Discussion
Re: Could TON be the new Solana?
by
Psalms23
on 01/07/2024, 14:17:47 UTC
For me TON and Solana are both major players in the blockchain world, but they each have their own strengths and challenges. TON was created by Telegram and aims for high transaction speeds and low costs, using multiple blockchains to handle large volumes of transactions. Solana, on the other hand, is known for its unique Proof of History system, allowing it to process over 65,000 transactions per second with low fees.

solana has a well-established ecosystem with many decentralized applications, DeFi projects, and NFTs, making it popular among developers and users. TON, despite its strong technology, faced delays and legal issues, which slowed its initial growth. However, with Telegram's large user base, TON still has potential if it can regain momentum.

I think both networks aim to provide fast and cheap transactions, but Solana currently has the edge due to its early adoption and active community. Whether TON can become as successful as Solana will depend on its ability to overcome past challenges and attract users and developers.