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TON fixes two serious vulnerabilities
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In a bid to boost optimism, the TON blockchain development team has revealed two significant updates, titled v2024.10 and FunC 0.4.5. According to the team, their role is to fix two critical vulnerabilities that affected the network.
The updates came directly from The Open Network community and in addition to the corrections, aim to improve the performance, efficiency and reliability of the ecosystem. With this advancement of the ecosystem, cryptocurrency market participants are speculating whether the price of TON could reach $20 ahead.
According to a recent GitHub release, the updates encompass a series of revolutionary changes to The Open Network ecosystem. Part of these changes include improved sync speed and garbage collection (GC), beneficial preparation for systems using slower disks.
Additionally, the ecosystem now sees reduced network traffic as the system upgrade minimizes the amount of data transmitted over the network. This can avoid overloads like the one that occurred at the launch of Hamster Kombat, which temporarily paralyzed the blockchain.
Correction of vulnerabilities in TON
Simultaneously, the update also brings seamless channel creation and Distributed Hash Tables (DHT) searching, supporting network responsiveness.
Additionally, the FunC 0.4.5 update also fixes bugs in FunC, improving code execution and correctness on the blockchain. The release also highlighted small changes to the network virtual machine (TVM) to increase network functionality.
Overall, the aforementioned ecosystem improvements, among others recently launched, have attracted substantial market attention. In terms of price, however, TON opened down 0.7% this Friday (01), worth US$4.89.
It is worth noting that TON is currently facing bearish waves in line with the market performance, which is facing a strong correction. Even so, TON’s current drop is smaller than that of its peers, such as TRX (1.4%) and SOL (3.7%).
On the weekly price chart, TON registered a drop of 5%, while the monthly chart showed a drop of 9.5%. However, despite the coin’s low momentum, the updates left cryptocurrency holders excited.
Furthermore, a recent TON price analysis also pointed out that the token could reach $20 ahead amid this bull cycle. In other words, an appreciation of more than four times the current price.
TON fixes two serious vulnerabilities
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TON fixes two serious vulnerabilities
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TON fixes two serious vulnerabilities
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TON fixes two serious vulnerabilities
