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TON (The Open Network): - A high-speed, scalable blockchain initially developed by Telegram (later open-sourced after legal issues with the SEC). - Key Features: - Speed: Millions of transactions per second via "Infinite Sharding." - Low fees: Near-zero transaction costs. - Decentralized governance. - Smart contracts and DApps support. - Tools: TON Storage (decentralized file storage) and TON Proxy (anonymous internet access). - TON Coin: Native cryptocurrency for transactions, smart contracts, and network governance. - Comparison: Faster/cheaper than Ethereum; more decentralized than Solana. -Use Cases: Cross-border payments, DeFi, decentralized storage, and DApps. -Current Status: Launched in 2022, growing developer interest. Telegram indirectly supports TON (e.g., wallet integration). Challenges include competition (Ethereum/Solana) and broader adoption. TON is a promising blockchain for fast, low-cost decentralized solutions. 🚀
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