Back to the list

TON Blockchain Onboards 1 Million Users in 30 Hours, Showcasing Unmatched Scalability

source-logo  blockchainreporter.net 24 May 2024 14:54, UTC

In an extraordinary demonstration of its scalability and efficiency, the TON Blockchain successfully onboarded over a million global users within a mere 30 hours, starting on May 16, 2024. This historic milestone was achieved during the highly anticipated token generation event for Notcoin, the world’s fastest growing Web3 community, which originated from a viral blockchain-based game.

The remarkable feat highlights the robustness and advanced architecture of TON Blockchain, which ensured that all users could transact concurrently without experiencing any network outages, spikes in fees, or delays in processing times. This seamless onboarding experience underscores TON’s position as a leading blockchain platform capable of handling massive loads with unparalleled efficiency.

Between May 16, 2024, 12:00 UTC, and May 17, 2024, 18:00 UTC, TON Blockchain recorded 216,530 decentralized exchange (DEX) swaps executed by 117,254 unique traders. This level of activity during the Notcoin token launch is a clear testament to the blockchain’s ability to manage high transaction volumes without compromising on performance.

Anatoly Makasov, the technical lead at TON Foundation, expressed his enthusiasm about the achievement in a statement to BlockchainReporter. “TON blockchain is scalable by design. Its next generation architecture meant that TON’s infrastructure’s speed and stability was unmatched – even under the unprecedented load generated by Notcoin’s token launch. TON blockchain ensured that this historic spike in demand was seamlessly absorbed without any effects on network fees or processing times,” Makasov stated.

TON Proves Scalability

The successful onboarding of over a million users within such a short timeframe not only showcases TON Blockchain’s technical capabilities but also sets a new benchmark for the blockchain industry. This achievement is particularly significant for Notcoin, as it establishes the foundation for its rapid growth and widespread adoption within the Web3 community.

TON Foundation’s commitment to innovation and scalability continues to drive its development efforts, positioning TON Blockchain as a premier choice for developers and users alike in the evolving blockchain ecosystem. As TON Blockchain continues to evolve, its ability to handle large-scale events like the Notcoin token launch will likely attract more projects and communities looking for a reliable and efficient blockchain platform.