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# TheOpenNetwork
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Crypto_Trading_Education
1. Background and Technology
Toncoin (TON) is the native cryptocurrency of The Open Network (TON), a decentralized layer-1 blockchain originally developed by Telegram. The project was later handed over to the open-source community after regulatory challenges. TON is designed to offer high throughput, low latency, and scalability, making it suitable for a wide range of decentralized applications (dApps) and services.
- Consensus Mechanism: TON uses a Proof-of-Stake (PoS) consensus mechanism, which allows validators to secure the network and process transactions efficiently.
- Sharding: TON impl
Toncoin (TON) is the native cryptocurrency of The Open Network (TON), a decentralized layer-1 blockchain originally developed by Telegram. The project was later handed over to the open-source community after regulatory challenges. TON is designed to offer high throughput, low latency, and scalability, making it suitable for a wide range of decentralized applications (dApps) and services.
- Consensus Mechanism: TON uses a Proof-of-Stake (PoS) consensus mechanism, which allows validators to secure the network and process transactions efficiently.
- Sharding: TON impl
TON0,81%
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