Telegram’s Blockchain Could Possibly Run Ethereum DApps
- TON Labs is working on a Solidity compiler to allow dapps built for Ethereum to also run on the TON.
- The compiler, which has been in testing since July, is only one of the tools that TON Labs is building in order to improve the TON ecosystem.
Decentralized applications built for Ethereum will also be able to run on the Telegram Open Network’s (TON) blockchain, news outlet CoinDesk reported on 30 August.
According to the report, a software startup, managed by investors in Telegram’s token sale, TON Labs, is building a Solidity compiler for the TON blockchain. The compiler will allow decentralized applications written in Solidity, a programming language which is mainly used to develop smart contracts for the Ethereum network, to also run on the TON blockchain. Alexander Filatov, TON Labs CEO and Managing Partner, said:
“That was probably the most difficult thing we built. It will allow the advanced Ethereum community to pull everything they wrote for ethereum into TON.”
The compiler is only one of the tools that TON Labs is building in order to improve the TON ecosystem, and even though it was not said if any changes would be needed to the Solidity code for it to run on the TON blockchain, the compiler has been in testing since July.
The code needed to run a node on TON will also be released soon according to an anonymous investor, which will probably be one of the last tests that will be done before the network’s full release. Filatov also said:
“We have very little time between the node release and the mainnet launch to test, identify and fix possibly bugs and vulnerabilities.”
- Popular Telegram bot Unibot, which is used to snipe trades on Uniswap, became a victim of a token approval exploit earlier today, when it was switching to a new router.
- After confirming the exploit, Unibot assured users that their keys and wallets were safe, and that the project will compensate all affected users.
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- MetaMask Bridges was designed to aggregate multiple blockchain bridges in one place, making it easier and more secure for users to transfer their assets from one network to another.
- The new feature currently supports the Ethereum, Avalanche, BNB Chain, and Polygon blockchains, as well as the Connext, Hop, Celer cBridge, and Polygon Bridge.
- Neon Labs’ Ethereum Virtual Machine (EVM) solution will be launched on 12 December, giving Ethereum-based dapps access to Solana’s scalability and liquidity.
- Neon EVM adopts the developer tools and compute layer present on Ethereum, making it easier for developers looking to expand to Solana.