TON vs Tezos

The Open Network (TON) is a sharded Layer‑1 originally designed by Telegram, featuring dynamic workchains and instant cross‑shard consensus through the Vertical Blockchain mechanism. The TON Storage and TON DNS services extend functionality beyond payments, whereas the Tap‑to‑Transfer feature has onboarded millions of Telegram users. A 2025 governance vote approved jetton fee burns to make TON mildly deflationary.

Tezos is a self‑amending Proof‑of‑Stake Layer‑1 that supports on‑chain governance, letting token holders adopt protocol upgrades without hard forks. Its latest ‘Mumbai’ upgrade activated Smart Rollups, allowing scalable L2s written in Rust and Wasm to inherit Tezos security. Tezos processes ~1 million contract calls daily and is popular for compliant tokenisation of securities in Europe.