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Innovational Step Forward in Digital Technology
The Telegram Open Community (TON) is a blockchain-based digital project that was designed to be quick, safe, scalable, and capable of processing hundreds of thousands of transactions every single second. Its name comes from the acronym for “Telegram Open Community.” TON is designed to be competitive with Ethereum in terms of high-quality smart contracts and decentralized functionality, while at the same time providing solutions that are very scalable.
The TON logo, which takes the form of a triangle and depicts a personal service token known as Gram, symbolizes the company. It is anticipated that it will perform the main function of a cryptocurrency for the in-app financial system on Telegram, and it will also be accessible for use outside of the Telegram app. This plan is currently under development.
Some Of The Finest Options That Are Currently Available
Even the most dogged efforts by hackers to get into the system would fail since the system is both safe and private, much like Telegram.
TON offers a multi-blockchain architecture that has the speed and scalability required to handle tens of thousands to hundreds of thousands of transactions per second.
The completely anonymous nature of the client base, in conjunction with the absence of a publicly accessible record of traceable transactions, eliminates any and all opportunities for inadvertent interference.
TON is faster than the blockchains of Bitcoin and Ethereum, and it has the potential to even surpass the transaction speeds of Visa and Mastercard; we are talking about more than 1,000,000 transactions per second here. TON is the most efficient money that has ever been produced.
It is likely that the information about the chain of information about all acts will not be maintained on the computer systems of any of Telegram’s customers; rather, it would be dispersed across Telegram’s client base.