TON (The Telegram currency) is heating up. We are seeing a "real project" with a huge native user-base catching fire this year:
Exploring the Dynamics of The Open Network (TON) in the DeFi Landscape...
With its seamless integration with Telegram, TON is positioned uniquely in the DeFi space, offering a range of applications that are starting to catch fire with investors and users alike....
Technological Foundations and Innovations
TON is designed as a multi-blockchain system, which significantly enhances its scalability and processing capability. This architectural choice allows for parallel processing across multiple chains, facilitating rapid block validations and transactions.
Such a design is critical for handling large volumes of transactions simultaneously, which is a common scenario given Telegram's extensive user base. ...
TON Features:
Ease of Use: The ease of use is unparalleled, as it leverages an interface familiar to millions, reducing the intimidation factor often associated with blockchain technology.
TON Payments: This feature supports microtransactions by processing them off-chain for lower fees, with final settlements executed on the blockchain. This capability is particularly beneficial for everyday transactions among Telegram users.
TON DNS: This service simplifies interactions within the network by assigning human-readable names to accounts and smart contracts, akin to the Domain Name System on the traditional internet.
TON Storage: Provides a secure, decentralized file storage solution, which hashes files on the blockchain for enhanced security and permanence.
TON Proxy: Supports decentralized VPNs and networks similar to TOR, enhancing user privacy and deploying censorship-resistant applications.
TON Services: Offers a framework for developers to deploy applications and smart contracts on TON, complete with user-friendly interfaces for easier interaction with DApps. ....
more at the source:
https://cryptopragmatist.com/p/exploring-dynamics-open-network-ton-defi-landscapeQ) Are you tuned in and currently interested in TON and Telegram?
