TON Foundation plans to launch TON Teleport BTC project
On July 18, the TON Foundation announced plans to launch TON Teleport BTC, with the aim of linking Bitcoin to TON in a decentralized, secure, and trustless manner.
TON Teleport is a newly planned eco-infrastructure project that allows users to transfer ("peg-in" and "peg-out") BTC between the Bitcoin blockchain and TON without relying on intermediaries. It will use a trustless system to improve security and autonomy, ensuring transactions are transparent and free from external control.