TON Crosschain Roadmap. One of the overall missions of TON is to unite blockchains and the internet into a single network.
05 Aug 2022, 14:44
TON Crosschain Roadmap
One of the overall missions of TON is to unite blockchains and the internet into a single network.
We’d like to share with you what projects are working toward this goal at the moment:
TON Sites and TON Proxy
We plan to launch the TON Sites and TON Proxy components at the end of this quarter. In addition to the two components, we plan to provide the capability of smart contract communication with sites and vice versa.
Crosschain NFT transfers
The XP.Network dev team is about to complete its work on a multichain bridge via which users will be able to transfer NFTs between TON and multitude of blockchains, including Ethereum, Polygon, BNB Chain, Tron, Tezos, Elrond, Algorand. Decentralized oracles will keep the bridge running.
Crosschain token transfers
The RSquad dev team has been working on a bridge through which users can transfer any token (altcoins) from Ethereum and BNB Chain to TON and back. This new functionality will be added to ton.org/bridge and will operate by a similar principle.
Rainbow bridge with EVM-compatible blockchains (Ethereum, BNB Chain, and others)
Decentralized oracles control transfers between networks at the moment. This common approach is a stable and safe solution. However, we plan on taking it to the next step and making it ideal: All operations will occur only through smart contracts without any intermediaries.
To make this happen, new tools need to be created so that the smart contracts from other blockchains can verify the authenticity of TON blockchain’s data and vice versa. We and blockchain developers from the RSquad have come together to work on Solidity code that will be able to verify TON blocks and transactions. After that, we plan to make FunC code that can verify EVM blocks and transactions.
The project has grand aspirations, but the Rainbow Bridge solution will fully launch in 2023. However, the developers plan on publishing results, code, and tools intermittently.
Toncoin bridge update
On the ton.org/bridge site, the ability to transfer Toncoin among Ethereum, BNB Chain, and TON has been available for over a year already. In that timespan, a large number of crypto transfers from users has been processed. A UI update is in the pipeline to make everything even more convenient for users. Thank you to developer Zavtramen.