Hamster Network Launches as First Gaming Layer-2 Blockchain on TON
Hamster Network, launched on September 26, 2024, is the first gaming-focused Layer-2 blockchain built on TON. It aims to enhance scalability, speed, and cost-efficiency for gaming and decentralized applications.
The network operates in collaboration with TON, leveraging Telegram's user base of nearly a billion for Web3 adoption through mini-apps. Key features include:
- Compatibility with the Ton Virtual Machine
- Ease of migrating dApps from TON
- A dedicated decentralized exchange (DEX) and wallet
- A canonical bridge for seamless transactions
Compared to Ethereum's Layer-2 offerings, Hamster Network marks a strategic shift for TON, signaling potential for further integrations.
It addresses challenges of scalability and transaction costs by processing transactions off the main chain while maintaining security. This results in:
- Faster processing speeds
- Lower latency
- Reduced transaction fees
These improvements aim to make gaming more accessible and boost demand for HMSTR tokens and Toncoin.
Hamster Network encourages community involvement via the “Hamster Boost” initiative, offering rewards for participation in testing and quests.