A simple definition of the new giant#TONWhatis Toncoin (TON)?TON is a digital currency that runs on The Open Network blockchain, which was originally designed by the Telegram team. This network aims to provide a fast and secure infrastructure for transactions and decentralized applications. The TON network was officially launched in 2020, after Telegram stopped its development due to legal issues with regulatory bodies, and its development was completed by an independent community of developers. The main goals of the TON project are: Speed ââand efficiency. Decentralization and security Flexibility and scalability Integration with other systems Community governance. Toncoin features: # Scalability + Low transaction costs + Speed ââof transaction verification + Privacy + Compatibility and integration + Community support + Powered by Telegram Toncoin disadvantages: # Intense competition between it and other blockchain networks Challenges of regulations The need for widespread adoption Changes in network governance Finally, security always needs to be developed.
