🔥 $TON – is the native cryptocurrency of the decentralized blockchain platform The Open Network (TON), which was initially developed by the Telegram team in 2018 under the name Telegram Open Network. This project was conceived as a high-performance blockchain system capable of processing millions of transactions per second, with integration into the popular messenger Telegram. However, after a lawsuit by the SEC in the USA, which recognized the initial token Gram as an unregistered security, Telegram halted the project's development in 2020. Since then, the developer community and the TON Foundation organization have taken up the baton, renaming the platform to The Open Network, and the token became known as Toncoin.
Technical Features
TON is distinguished by its architecture based on sharding, which allows dividing the blockchain into smaller parallel chains (shards) that process transactions independently. This provides high throughput – up to 1 million transactions per second – and low fees, making the platform attractive for developers of decentralized applications (dApps).
$XRP
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