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🧡 Let's dive into The Open Network-TON πŸ”§ TON is a scalable multi-blockchain platform for dApps and smart contracts, using a proof-of-stake consensus mechanism. It aims to process millions of transactions per second, supporting millions of users. πŸ”Ή TON stands out due to its connection with Telegram. πŸ‘‡πŸ‘‡
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πŸ’° Toncoin is the main cryptocurrency of the TON blockchain, used for transaction fees, staking, governance, and gas payments. In March, Telegram announced plans to allocate 50% of ad revenue to channel owners, with payments settled in Toncoin. This boosted Toncoin’s value by 40%, showcasing a real-world use case.
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