DWF Labs successfully introduces two validator nodes

DWF Labs, a leading organization in the digital asset market-making industry, has released two validator nodes in accordance with its commitment to the Telegram Open Network (TON) Blockchain. DWF Labs expresses its strong belief in TON through these authenticator nodes, supporting the Blockchain’s structure and security concerns.

Authenticators play a crucial role in facilitating the operation of Layer 1 Blockchains, including TON, by verifying transactions, ensuring the Blockchain’s continuous integrity, and ensuring their full efficacy. In addition to demonstrating DWF Labs’ continued dedication to the TON ecosystem, the activation of these validator nodes helps decentralize the TON Blockchain.

Following a substantial investment by DWF Lab in the TON ecosystem just one year ago and a sponsorship for TON’s Hack-a-Ton in South Korea at the start of 2023, this development has occurred accordingly.

CertiK has validated the claim that the TON Blockchain has established several benchmarks, including the highest degree of speed and upgradability among Blockchains globally and the capability to process 104,714 transactions per second. It has partnered with Telegram to distribute wallets to 800 million users to transform into a SuperApp. Furthermore, it has established partnerships with Tencent Cloud and Chainbase to facilitate the development of mini-applications.

This indicates that TON can emerge as a major force in the Blockchain industry. Implementing the two validator nodes signifies progress toward TON’s objective of establishing a more efficient and decentralized Blockchain ecosystem.

Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

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