"Tōn coin" (Toncoin) is the cryptocurrency used by The Open Network (TON), a decentralized blockchain platform. Originally a project developed by Telegram, TON was later taken over and developed further by the open source community.
Features of the TON blockchain include:
Speed and Scalability: TON has a scalable architecture that can process millions of transactions per second, resulting in faster transaction times and lower costs.
Security: TON offers high security thanks to its encryption and distributed structure. Data is verified without being dependent on a central authority.
Multiple Blockchains: TON provides more complex functionality by using multiple chains and subchains. This structure minimizes traffic and latency on the network. Toncoin is the cryptocurrency used on this platform. Toncoin can be used to perform many operations on the platform, such as trading, being a validator, and developing smart contracts. Although Telegram has officially withdrawn from TON, the platform is actively supported by the community and developers.
