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🌐250 million TON transactions processed

On December 9, the TON network reached the milestone of 200 million transactions processed during the entire time of its existence, and a week later this figure reached ~256,252,737 million transactions, according to Tonscan.

58 million transactions were achieved thanks to continued token minting on the TON-20 standard (DTON). Here are some more indicators:
— Total network commission: 118,808 TON
— Unique holders: 69,931
— Unique tokens: 3,059

The transaction processing speed on the TON network keeps pace with the demand (Tonviewer). With the implementation of the new standard, the number of transactions processed per day increased from ~200k to several million (15 million on December 11th).

Note that the number of active wallets on the network is approaching 1 million (989,828 at the time of writing, per Tonstat). After the new validators update, TON processes all transactions using only 2 shards, so thanks to the deflationary mechanism and a large number of transactions, 160k TON were successfully burned so far.

The network keeps up, transactions are spinning, tokens are being minted, indexers fix errors, and the number of wallets is rising!

Yesterday, the Arbitrum blockchain's sequencer could not cope with the load and suspended the production of blocks on the L2 network. The sequencer is the server that receives, verifies, and combines transactions into blocks. The blockchain was temporary shut down due to a surge in transactions, which reached 4.39 million on December 15.

The trend with inscriptions, which started off with the brc20 standard on the BTC network, and since December 5 already in TON, has now come to the Arbitrum.

Is this standard necessary and what could be its purpose in the TON ecosystem (other than cNFT on TON-20)? Let us know in the comments about how you see the future of TON-20 standard and whether you would like to lean more about it.

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