💪TON doubles down on development

Anatoly Makosov, technical director at TON, shared in his blog the details of the June updates to TON Core.

As we know, this year the TON blockchain has grown rapidly in all aspects. However, it was not without turbulence: block creation under load sometimes took longer than expected, as did some user operations.

Joint efforts led to the release of TON update 2024.06, with critically important improvements in block production and blockchain message delivery. Three weeks of operation later, we can confidently state that the network has become significantly more stable under the increasing load.

Simultaneously, the TON Core team has released a new smart contract wallet version w5. The concept and initial code of this wallet come from the Tonkeeper team and feature numerous new functions:

- "Gasless" operations: payment of network fees using USDt or NOT
- Support for up to 255 operations at once, for example, allowing you to renew all your TON domains at once
- Optimized network fees

Additionally, the new plugin format adds the following capabilities:
- Decentralized subscriptions, including subscriptions for USDt
- Two-factor authentication
- Wallet freezing in case key is compromised
- Key recovery and much more

Enhanced smart contract security protects your funds even from technical mistakes. Rigorous testing has been completed, and now everyone can participate in a bug bounty contest with a prize pool of up to $100,000.

Developers of TON wallets are encouraged to integrate this smart contract into their products to benefit from these new capabilities sooner.

For more details on the update, follow this link.

Your developing @TonPost