COIN PROFILE #1

Toncoin (TON) The Open Network

Toncoin is the native network cryptocurrency of the TON decentralized ecosystem. TON pursuits to enable rapid fee settlement, smooth-to-use decentralized packages, small expenses, and other positives presented with the aid of its layer-1 independent blockchain. TON`s layer-1 operates on its blockchain and no longer atop any other impartial blockchain, which include the Ethereum network.

Toncoin turned into released in 2018 firstly as a Telegram Open network. It had its early utilities associated with the Telegram social network platform. After early issues with an SEC declare towards TON that in the long run favored the SEC, TON rebranded in 2020. a collection of new software builders who named themselves NewTON changed aspects of the coin and surroundings, together with the call. As rebranding began, Telegram Open network become changed to 'The Open community'.

Toncoin is the network currency for the TON community and is used in staking in the evidence-of-Stake (PoS) consensus mechanism, which protects the TON blockchain. Toncoin is thought by its token ticker $TON. The present day charge of Toncoin is up to date and to be had in actual-time on Binance.

TON PRICE TODAY =

$ 6.479342

It is my analysis, DYOR

Enjoy Investing & Earning