Ankr to Power TON’s New EVM-Compatible Adapter, TAC – BitRss

Ankr has announced its role in implementing the core infrastructure for TAC, a new TON Network Extension that is fully compatible with the Ethereum Virtual Machine (EVM). This development aims to enhance TON’s capabilities by enabling seamless EVM interoperability, thereby unifying liquidity between TON and Ethereum. Initially revealed last year, TAC has evolved with key partnerships and is set for release soon.

Benefits of TAC for the TON Ecosystem

TAC will enable Ethereum’s extensive developer community to deploy on TON, maintaining their dApp’s EVM code while accessing a vast user base of 100 million active TON wallets and the broader Telegram community of 950 million users. Ankr’s implementation of TAC’s Layer 1 with the Cosmos SDK and Ethermint facilitates integration with the Babylon Bitcoin staking protocol. This architecture is designed to offer high decentralization, throughput, and efficiency, enhancing TON’s scalability. Additionally, native support for Babylon allows BTC ($105,678.06) staking to secure TAC.

Security is further bolstered by Teleport BTC (tgBTC) and TON’s largest liquid staking tokens from Bemo and Tonstakers (stTON and tsTON), which secure TAC’s core component, the TAC Adapter. The TAC and Ankr teams estimate the TAC Testnet launch as early as February 5, 2025.

Insights from Key Contributors

Chandler Song, Ankr Co-Founder and CEO, stated, “TAC will be a vital extension for the TON ecosystem to unify and streamline the crypto experience by making EVM apps available to Telegram’s 950 million users.” Marco Monaco, TAC Co-Founder and Growth Lead, highlighted the strategic partnership with Ankr, emphasizing their role in achieving the final design and supporting the project with technological expertise.

Fisher Yu, Co-Founder of the Babylon project, noted the collaboration’s potential, stating that TAC can leverage Bitcoin’s security while offering staking rewards. Konstantin Zherebtsov, Bemo CEO, and Roman D from Tonstakers also expressed optimism about TAC’s role in bridging Ethereum’s liquidity with TON’s ecosystem.

TAC as a Pioneer in Bitcoin Secured Infrastructure

TAC will be one of the first blockchains built using Asphere’s Bitcoin Secured Infrastructure (BSI) solution. This allows Ankr to customize and launch Bitcoin-secured Layer 2 solutions, apps, and staking protocols. By integrating with Babylon, BSI enables any chain to enhance its crypto-economic security by tapping into Bitcoin’s substantial market cap for staking.

The collaboration with TAC follows Ankr’s agreement with TON to streamline Telegram-centric dApp development using Ankr’s TON APIs. Developers will soon be able to explore the TAC testnet, designed to provide increased users, liquidity, and performance for their applications.

For more details, visit the official announcement here.

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