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What is TON?

The TON blockchain, a decentralized layer-1 infrastructure developed by Telegram, aims to support billions of users while providing exceptionally rapid transaction processing, low fees, and intuitive applications, all within an environmentally conscious framework. Its architecture is both scalable and shareable, ensuring continuous expansion without compromising on performance. TON fulfills various roles, such as processing transaction fees, securing the network via staking, influencing development, and facilitating payment transactions. What distinguishes it from other layer-1 blockchains are its unique attributes, primarily based on the actor model, which allows smart contracts to handle a single message, change their state, or dispatch multiple messages concurrently within specified time limits. This design facilitates the growth of both the blockchain and its individual contracts to support an unlimited number of users and transactions. Additionally, the TON Virtual Machine (TVM) serves as a powerful, deterministic stack-based virtual machine that optimizes the platform's functionality and efficiency. By pioneering such innovative features, TON is positioned to significantly impact the blockchain industry, paving the way for future advancements in decentralized technology.

What is Meter?

Meter is an advanced infrastructure specifically designed to allow smart contracts to scale and operate seamlessly across multiple blockchain networks. As a hybrid of Layer 1 and Layer 2 protocols, Meter revolves around two essential tokens: MTRG, serving as the governance token (with its ERC20 version known as eMTRG), and MTR, which functions as a stable currency token. To ensure smooth and unrestricted transfer of financial assets among blockchains, Meter utilizes a HotStuff-based consensus mechanism that accommodates thousands of validator nodes, establishing itself as the most decentralized Layer 2 solution for Ethereum. The platform boasts the ability to handle thousands of transactions per second, resulting in near-instant transaction confirmations. Furthermore, Meter Passport allows for assets and smart contracts to move and engage across different blockchains, optimizing aspects such as price, liquidity, and yield. Notably, Meter distinguishes itself as an Ethereum-compatible platform enriched with unique characteristics. Unlike other Layer 2 solutions, decentralized exchanges (DEXes) on Meter are designed to be impervious to front-running and miner extractable value (MEV) dilemmas, ensuring transactions are both rapid and censorship-resistant. This unique blend of features positions Meter as a formidable contender in the ever-evolving blockchain landscape, demonstrating its potential to revolutionize cross-chain interactions.

Media

Media

Integrations Supported

Assisterr
Bitsby
Cryptorefills
DexCheck AI
Emmet Finance
Evercloud
MyTonWallet
OpenMask
xRocket

Integrations Supported

Binance Web3 Wallet
BusinessBuilders
Chee Finance
DEX Screener
Ethereum
Gate.io
Kryptos
MetaMask
Pocket Network (POKT)
Verse Network

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Not specified

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

TON Society

Company Website

ton.org

Company Facts

Organization Name

Decentralized Finance Labs

Date Founded

2018

Company Location

United States

Company Website

www.meter.io

Categories and Features

Blockchain

Not specified

Layer 1 Protocols

Not specified

Categories and Features

Blockchain

Not specified

DApps

Not specified

DeFi Projects

Not specified

Layer 1 Protocols

Not specified

Layer 2 Protocols

Not specified

Smart Contract

Not specified

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