Tag: Toncoin (TON) News

Toncoin (TON) was founded by Telegram, formerly known as Gram, which established the platform. It is also called the native token for The Open Network (TON), a decentralized Layer 1 blockchain network. Toncoin operated the TON blockchain’s PoS consensus process to pay transaction fees, settle payments, and validate transactions.

TON launched an on-chain governance platform, TON VOTE, significantly increasing Toncoin’s transaction volume by 98%. The integration of Toncoin into Ledger’s hardware wallet has enhanced its security and market credibility. The TON ecosystem was developed to handle the needs of millions of users making everyday transactions. Unlike Bitcoin and Ethereum, which investors primarily use, TON focuses on catering to the typical consumer.

It’s designed to be integrated into an easy-to-use app, allowing users to buy quickly, send, and store coins. To know the latest developmental activities within this realm, follow and read from CryptoTale.