In recent times "The Open Network" TON blockchain has gained traction from users, blockchain developers, and, investors at large. The technology behind this innovation really strike me hard, it will suprise you to know that TON and all its DApps are built upon Telegram Messenger.
This blockchain is entirely different from the popular chains, the TON blockchain is uniquely exceptional. TON is built with a development language called (func). It is a system that is primarily different from ETH solidity language, Solana PoH.
This technology was originally developed by the team behind Telegram Messenger. The TON blockchain have become the number one fastest blockchain network in the history of decentralized technologies. surpassing Solana Foundation, BNB Chain Innovation Injective Protocol News etc.
There was a back-lash by the SEC after scrutiny. The project was abandoned in the year 2020 the era of Covid-19. Regardless of the ups and downs that came with this mind blowing technology the TON blockchain team of developers and international communities from all around the world 🌎. This time the concept was to make the network a decentralized autonomous organization, with this the government will have no authority in it's operations
Technically, TON foundation is striving hard to ensure the safety of users on the network. both local and international communities have be crated, jobs opportunities for both #blockchaintechnology developers, Web 3.0 writers, crypto influencers, and community builders positions are currently open on their TON foundation job site. With this innovation Telegram has witnessed a wild spread adoption in usage. This is because most of the DApps on the TON network are built on Telegram.
Ranging from the TON native wallet, TONSTAKERS DApp, NFTs marketplaces, DExs, and Launchpad's. There are now multiple concurrent community-run networks that claim ownership over the TON token ticker. The most advanced project to date, FreeTon, has matured into a fully decentralized network capable of supporting a wide range of dApps and complex smart contract deployments.
Additionally, the project has successfully created a bridge to the Ethereum network, which enables its native token, TON Crystal (TON), to be traded and used across the entire Ethereum-based decentralized finance (DeFi) ecosystem in the form of wrapped TON (wTON). Wrapped cryptocurrencies are tokens that are 1:1 representations of other crypto assets.
They enable crypto assets to be used on blockchains to which they are not native. In essence they can be bridge using a decentralized bridge that connects multiple blockchains into one Protocol. $TON is currently sitting on the 26th crypto assets in market capitulation, trading volumes, and Fully diluted Valuation on CoinGecko and CoinMarketCap.