Toncoin Dominates Layer-1 Blockchain Speed With 0.6 Seconds Finality

• Toncoin leads other layer-1 blockchain solutions in speed, with 0.6 seconds of finality.
• TON’s exceptional transaction speed is fundamental to its long-term sustainability.
• TON is the exclusive currency for in-app payments in the Telegram ecosystem.

Toncoin (TON), the native cryptocurrency of The Open Network, a layer-1 blockchain protocol, currently leads in transaction finality. According to the result from a recent test, it takes 0.6 seconds for transactions to become immutable and irreversible using Toncoin compared to Bitcoin, with a Time to Finality (TTF) of 1 hour.

Toncoin’s Exceptional Record

For context, TON’s 0.6-second finality includes the wait time until the next masterchain block and the confirmation of the masterchain block. This transaction speed places Toncoin 12 places ahead of Bitcoin, the pioneer cryptocurrency, and the largest of the s…

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