Tokamak Network (TON) offers customizable layer-2 solutions for Ethereum, focusing on scalability and interoperability. More
| Fully Diluted Valuation | $125.27M |
|---|---|
| 24H Trading Volume | $569,521 |
| 24H Low / High | $1.29 / $ 1.30 |
| Circulating Supply | 53.80M |
| Total Supply | 96.74M |
| Max Supply | ∞ |
| Categories | Ethereum Ecosystem 3 more |
|---|---|
| Founder | Kevin Jeong |
| Website | tokamak.network |
| Socials | 3 more |
| Chains | Ethereum Ecosystem |
| Explorer | Ethplorer 2 more |
| Contracts |
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| Name | Pair | OG Score |
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Tokamak Network (TON) is a layer-2 protocol platform on Ethereum, offering solutions for scalability, interoperability, functionality, and usability. It leverages plasma and roll-up technologies while ensuring security and data availability through the decentralized Ethereum blockchain.
Customizable Layer-2 Networks
The network allows anyone to create a customized layer-2 solution tailored to their specific needs, aiming to support various services from DApp projects to Ethereum infrastructure solutions, in order to drive Ethereum mass adoption.
Key Features
Key features of Tokamak Network include easy layer-2 network deployment, allowing for customizable networks with simplified development processes. It also offers layer-2 interoperability, enabling custom networks to connect with other layer 2 networks within Tokamak Network through the Cross-Layer Message Protocol, which facilitates network communication without involving the base layer.
Security and Governance
Tokamak Network ensures higher security for layer-2 networks through staking TON, its native token. Staking TON provides a higher level of security, and the network ensures that all layer 2 networks are fully verified from inception. The platform is governed by TON stakeholders, enabling decentralized governance for network upgrades, ecosystem expansion, and protocol improvements, which can be coordinated and enacted autonomously.
Native Token and Incentivization
The native token, Tokamak (TON), is used within the platform for staking, governance, and incentivizing layer-2 chain operators. Token holders can stake TON on selected chains to secure them, receiving staking rewards in return.
Founding and Backers
Tokamak Network was founded by Kevin Jeong in 2018. It is backed by prominent investors such as 100&100 Ventures, Blocore, Alphain Ventures, and Skytale Capital.
In conclusion, Tokamak Network aims to address key challenges in Ethereum scalability and usability through its layer-2 protocol platform, offering a range of features to support the growth and adoption of decentralized applications and Ethereum infrastructure solutions.
Tokamak Network stands out for its layer-2 protocol platform, offering customizable networks for scalability, interoperability, and decentralized governance on Ethereum.
Tokamak Network was founded by Kevin Jeong in 2018.
Tokamak Network is backed by 100&100 Ventures, Blocore, Alphain Ventures, and Skytale Capital.
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