TON Settles 6,000x Faster Than Bitcoin, Pavel Durov Claims
Telegram founder Pavel Durov shared knowledge displaying The Open Network (TON) finalizes transactions in 0.6 seconds. That locations TON first amongst Layer 1 blockchains, far forward of Bitcoin (BTC), which takes about an hour to settle.
The numbers arrive weeks after TON’s mainnet improve dropped finality under one second. Telegram has additionally tightened its operational grip on the chain via a report validator stake.
TON Tops Layer 1 Finality Rankings
Durov circulated a report that ranked Layer 1 blockchains by finalization time. The standout numbers got here from the underside of the chart, not the highest.
Bitcoin wanted roughly one hour to harden a transaction in opposition to reorganization. The determine stems from its six-confirmation conference paired with 10-minute block intervals.
The unfold between TON and Bitcoin works out to roughly 6,000x. That hole successfully guidelines Bitcoin out for any real-time settlement use case.
Cardano (ADA) completed final at a full day for finality. The chain has lengthy marketed its peer-reviewed proof-of-stake design. The knowledge positioned it behind each Layer 1 it was constructed to compete in opposition to.
The center of the sphere seemed tame by comparability. Avalanche (AVAX), BNB Smart Chain (BNB), and Sui (SUI) all confirmed transactions in underneath two seconds. Hedera (HBAR), the XRP Ledger, and Stellar (XLM) cleared in underneath 5.
Solana (SOL) registered 13 seconds, TRON (TRX) a couple of minute, and Ethereum (ETH) 13 minutes. Litecoin (LTC) wanted quarter-hour and Monero (XMR) 20 earlier than Bitcoin and Cardano closed out the checklist.
The benchmark follows TON’s Catchain 2.0 upgrade. Block occasions now run at roughly 400 milliseconds, and finality dropped under one second on April 10.
Telegram’s Validator Role Reshapes the Network
Durov additionally confirmed that Telegram now operates as TON’s largest validator. The firm staked round 2.2 million TON, valued close to $2.9 million on the time.
He framed the place as a counterweight to different giant operators. The setup lets main gamers be part of the validator pool with out tipping the community towards centralization.
Competition for the roughly 20% staking yield has lifted the share of provide locked in validation. That dynamic reduces circulating float and tightens TON’s obtainable buying and selling liquidity.
Critics have flagged that Telegram’s stake may method 1 / 4 of whole validator energy. The focus raises governance questions at the same time as transaction throughput climbs.
Toncoin climbed sharply after Durov posted the validator replace. Markets learn the transfer as an indication of deeper Telegram dedication to the chain it constructed round its messaging platform.
The comparability knowledge provides Durov a recent argument for TON’s technical position. Sustained adoption will rely on whether or not utility exercise retains tempo with the community’s headline velocity beneficial properties.
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