Toncoin (TON)

Introduction of Toncoin (TON):
The Open Network (TON) is a fully decentralized layer-1 blockchain designed by Telegram to onboard billions of users. It is a fast, secure and scalable blockchain and network project, capable of handling millions of transactions per second if necessary, and both user-friendly and service provider-friendly.

TON is used to make deposits required to become a validator; transaction fees, gas payments (i.e., smart-contract message processing fees) and persistent storage payments are also usually collected in TON coins.

TON market cap and supply:

The current with a live market cap of $1,625,462,315 USD. It has a circulating supply of 1,221,401,181 TON coins and a max supply of 5,000,000,000 TON coins.

TON Blockchain:
The backbone of The Open Network is a scalable multi-blockchain that is designed to process millions of transactions within seconds. It uses the Proof-of-Stake consensus and can contain up to 2⁹² accompanying blockchains.

TON Payments:
TON Payments is a platform for micropayments and a micropayment channel network. It can be used for instant off-chain value transfers between users, bots, and other services. Safeguards built into the system ensure that these transfers are as secure as on-chain transactions.

TON Proxy:
TON Proxy is a network proxy/anonymizer layer for TON nodes. Similar to I2P, it allows building decentralized VPN services and blockchain-based TOR alternatives to achieve anonymity and protect online privacy. Combined with the TON P2P Network and TON DNS, TON Proxy gives decentralized apps immunity to censorship.

TON DNS:
TON DNS makes blockchain mainstream by assigning human-readable names to accounts, smart contracts, services and network nodes. With TON DNS browsing blockchain becomes similar to surfing the World Wide Web.

TON Storage:
TON Storage is a distributed file-storage technology accessible through the TON P2P Network. Think a better version of Dropbox for simplicity. This torrent-like technology relies on smart contracts for availability and has a strong potential with regard to storing and exchanging large amounts of data.

TON Services:
TON Services provides a versatile platform for third-party services. It enables smartphone-like friendly interfaces for decentralized apps and smart contracts, as well as a World Wide Web-like decentralized browsing experience. TON provides a searchable registry of decentralized services and applications.

Toncoin (TON) website：https://ton.org/

Toncoin (TON) whitepaper：https://ton.org/whitepaper.pdf