Introduction to TON
The Open Network (TON) is a decentralized and open internet platform made up of several components. These include: TON Blockchain, TON DNS, TON Storage, and TON Sites. TON Blockchain is the core protocol that connects TON’s underlying infrastructure together to form the greater TON Ecosystem. TON is focused on achieving widespread cross-chain interoperability, while operating in a highly scalable secure framework.
The TON Project uses its own peer-to-peer network protocols.
TON Blockchain uses these protocols to propagate new blocks, send and collect transaction candidates and so on.
While the networking demands of single-blockchain projects, such as Bitcoin or Ethereum, can be met quite easily (one essentially needs to construct a peer-to-peer overlay network and then propagate all new blocks and transaction candidates via a gossip protocol), whereas multi-blockchain projects, such as TON, are much more demanding (e.g. one must be able to subscribe to updates of only some shardchains, not necessarily all of them).
TON Ecosystem services (e.g. TON Proxy, TON Sites, TON Storage) run on these protocols.
Once the more sophisticated network protocols needed to support TON Blockchain are in place, it turns out that they can easily be used for purposes not necessarily related to the immediate demands of the blockchain itself, thus providing more possibilities and flexibility for creating new services in the TON Ecosystem.
Introduction to LayerPixel
LayerPixel is an all-in-one DeFi solution built specifically for the TON network, seamlessly integrated with Telegram Mini Apps. Designed as a Layer 1.5 protocol, LayerPixel offers a comprehensive suite of services including wallets, decentralized exchange (DEX) functionalities, oracles, and LBP launch. Our mission is to make DeFi accessible to everyone, providing a secure, scalable, and user-friendly platform that empowers developers and users within the TON ecosystem.
LayerPixel products
PixelWallet (SMC wallet with AA feature)
With Account Abstraction, PixelWallet enables users to interact with dApps and the LayerPixel ecosystem with ease.
PixelSwap (The first modular DEX on TON)
PixelSwap utilizes a proprietary math library and smart contracts to introduce a unique weighted pool feature, enabling users to contribute assets of varying weights to the liquidity pool. This enhances trading depth and spread, surpassing other DEX platforms.
Additionally, PixelSwap offers adaptability through upgradable features and customizable settings, allowing for adjustments to swapping curves and gas fees.
Pixale (The Oracle for TON blockchain)
Pixacle is the decentralized oracle solution to deliver fast and accurate price data to dApps and smart contracts within the LayerPixel.
Unlike other Oracles, Pixacle takes its prices directly from PixelSwap and can automatically update the price every time it trades.
Here we share interesting news, meetups, hackathons, interesting product activities, short sellers, learning resources, etc. related to TON & LayerPixel. BTW, The $LPX Airdrop is Ongoing! Welcome to follow LayerPixel !
Homepage: https://layerpixel.io/
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