Step into the future with Toncoin (TON) - a groundbreaking decentralized layer-1 blockchain originally designed by Telegram and now advanced by a group of enthusiasts known as the TON Foundation. Toncoin, renamed from "Telegram Open Network" to "The Open Network", is the network's native cryptocurrency designed to enable fast, transparent, secure transactions with minimal fees.
Toncoin stands out for its exceptional transaction speed, with a record of 55,000 transactions per second (TPS), potentially scaling to hundreds of thousands or even millions. This capability facilitates rapid growth while maintaining excellent performance without harming the environment.
Additionally, TON has a shard-based multi-level architecture for enhanced scalability and efficiency. This "blockchain within a blockchain" principle speeds up tasks and prevents the accumulation of unverified blocks.
Toncoin provides a range of services, from TON Wallets for fund transfers, to TON Services for creating dApps, TON Storage for private encryption, TON Proxy for accessing the TON blockchain through a decentralized VPN, and TON DNS for traditional websites to operate on TON run in the network.
Toncoin is secured by a Proof of Stake (PoS) consensus mechanism that rewards validators and nominators, further strengthening the security of the network.
Experience unprecedented transaction speed and enhanced security with Toncoin. Trade TON on 8V Exchange today and be part of the community-driven blockchain revolution. The future of fast, efficient, and environmentally friendly transactions lies with Toncoin.
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