DWF Labs, a leading player in BTC and altcoin market creation and Web3 investments, has announced a significant move to solidify its commitment to the Telegram Open Network (TON) Blockchain. The firm has taken a bold step to improve the infrastructure and security of the TON Blockchain, officially introducing two validator nodes bearing the impeccable hallmark of DWF Labs. Here are the details…
Altcoin move came from DWF Labs
Validators play a crucial role in the Blockchain space by auditing transaction verification, maintaining the integrity of layer 1 Blockchains like TON, and optimizing overall efficiency. DWF Labs’ introduction of these validator nodes not only reinforces the decentralization principles of the TON chain, but also serves as a testament to the firm’s unwavering commitment to the TON ecosystem.
Proud to advance our commitment to the @ton_blockchain (Telegram Open Network) blockchain by launching two validator nodes 🚀
Happy to contribute to the decentralisation of the blockchain and honour our ongoing commitment to the ecosystem.
Read more: https://t.co/GCGYT067lD
— DWF Labs (@DWFLabs) December 4, 2023
This latest initiative follows DWF Labs’ significant $10 million investment in the TON Ecosystem a year ago and its sponsorship of TON’s Hack-a-Ton in South Korea earlier this year, aimed at fostering the growth and resilience of the TON ecosystem. It emphasizes a constant commitment. TON Blockchain has achieved the following notable milestones in its journey:
- The World’s Fastest and Most Scalable Blockchain:TON set a remarkable record by reaching an impressive 104,714 transactions per second, a feat certified and verified by CertiK.
- Collaboration with Telegram for Bulk Wallet Publishing:In collaboration with Telegram, TON is preparing to introduce a Wallet to a large user base of 800 million, aiming to evolve into a SuperApp.
- Strategic Partnerships for Streamlined Development:Through strategic partnerships with Tencent Cloud and Chainbase, TON aims to simplify mini-app development for developers and streamline the ecosystem for enhanced user experiences.
What is the latest situation in TON price?
These achievements underline TON’s potential to emerge and develop as a leading force in the blockchain world. DWF Labs’ deployment of validator nodes serves as a profound validation of TON’s vision and highlights an unwavering commitment to empowering partners and contributing to a more decentralized, efficient, and robust Blockchain ecosystem. This move further solidifies DWF Labs’ position as a key player in shaping the future of blockchain technology. Meanwhile, cryptokoin.comAs we reported, DWF Labs, which has more than 150 altcoins in its portfolio, is no stranger to the crypto market.
Meanwhile, we see a very interesting chart in the TON price. It is noteworthy that the altcoin is traded at $ 1.4-1.6 at certain hours. In other time periods, the price is around 2.4 and 2.6 dollars. Leaving that aside, the altcoin is currently trading at $2.49, down 2.6 percent.
