Kryptopriser -Tonio
tonio
Tonio
NOK 0.005016
NOK 0.004861NOK 0.005188
24h: -3.36%7d: -17.52%30d: -51.42%1y: 0.00%
NOK 0.005016
Toncoin (TON) is a decentralized layer-1 blockchain initially developed by Telegram in 2018. The project was later handed over to the open-source community and renamed "The Open Network." It aims to provide fast transactions, low fees, and a user-friendly experience for various decentralized applications.
TON utilizes a sharding mechanism, allowing it to process multiple transactions concurrently across different shards. This design is intended to enhance scalability and transaction throughput, making it suitable for a wide range of applications and a large user base.
The network operates on a Proof-of-Stake (PoS) consensus mechanism. This approach allows validators to stake TON to secure the network and process transactions, contributing to its decentralization and security model.