TON Specifications

Type

COIN

Algorithm

Protocol

POS

Start Date

19/08/2021

Max Supply

Circ. Supply

2,532,841,905

Website

Explorer

Social Media

Info

The Open Network (TON) is a decentralized blockchain platform designed for scalability and efficiency. Initially developed by the Telegram team, TON supports fast transactions and low fees, making it a strong choice for token swaps and decentralized applications. Its native cryptocurrency, TON coin, is used as a medium of exchange within the network and for governance purposes.

Market Impact

TON has redefined blockchain usability by offering a fast and efficient solution for decentralized services. Its role in facilitating low-cost token swaps has attracted DeFi projects seeking scalability. Additionally, TON coin is widely used in decentralized exchanges, providing liquidity and powering financial applications. As its ecosystem grows, TON continues to influence the adoption of blockchain technologies across various industries.

History

TON was conceptualized in 2018 by Telegram to create a high-performance blockchain for seamless digital communication and transactions. After facing regulatory challenges, the project transitioned to an open-source community-driven initiative. TON has since evolved into a robust platform, supporting decentralized finance (DeFi), NFT projects, and secure exchanges. Its focus on scalability and speed has made it appealing to developers and users alike.

Features

Scalable Architecture
TON's unique multi-chain design ensures high transaction throughput, supporting real-time swaps and large-scale decentralized operations.
Low Transaction Costs
With its cost-efficient network, TON enables affordable exchanges and financial activities, making it accessible for global users.
Decentralized Ecosystem
TON supports a variety of dApps, enabling users to exchange assets, participate in governance and interact with innovative blockchain applications.

Website

Explorer

Social Media

*The indicators above, do not represent an investment advice and should not be treated as such. Please make your own research and risk assessment before exchanging your assets.