TON

The Open Network (TON) is a decentralized and open internet platform that includes components such as TON Blockchain, TON DNS, TON Storage, TON Sites, and TON Proxy. Its core, the TON Blockchain, connects the underlying infrastructure to form the broader TON Ecosystem, aiming for high scalability and cross-chain interoperability.

TON's key features include a scalable multi-blockchain architecture capable of processing millions of transactions per second, cross-chain interoperability, and a suite of services like TON DNS for human-readable addresses, TON Storage for decentralized file storage, and TON Proxy for enhanced privacy and censorship resistance.

TON employs an advanced proof-of-stake consensus mechanism where validator nodes use deposit stakes to vouch for their reliability, achieving consensus through a variant of the Byzantine fault tolerance protocol. This approach ensures resource efficiency and robust security across the network.

Toncoin is the native cryptocurrency of The Open Network, used for transaction fees, securing the blockchain through staking, participating in governance decisions, and facilitating various services within the TON ecosystem.

Developers can build on TON by utilizing its scalable and interoperable blockchain infrastructure to create decentralized applications (dApps) and smart contracts. TON offers comprehensive documentation and resources to support development within its ecosystem.