TON is a third-generation proof-of-stake blockchain designed in 2018 by the Durov brothers, the founders of Telegram Messenger. Later, it was handed over to our open TON Community, which has been supporting and developing it ever since.
TON was designed for lightning-fast transactions. It's ultra-cheap, user-friendly, and fully operational.
Key ComponentsApart from processing millions of transactions per second, TON blockchain-based ecosystem has all the chances to give rise to a genuine Web3.0 Internet with decentralized storage, anonymous network, DNS, instant payments and various decentralized services.
TON BlockchainThe heart of the platform is the unique blockchain with a scalable and flexible architecture consisting of a master chain and up to 292 accompanying blockchains. Top-notch approaches and methods implemented in TON make sure it will live up to its bold promise of processing millions of transactions per second.
TON PaymentsTON Payments is a platform for micropayments and a micropayment channel network. It can be used for instant off-chain value transfers between users, bots, and other services. Safeguards built into the system ensure that these transfers are as secure as on-chain transactions.
TON ProxyTON Proxy is a network proxy/anonymizer layer for TON nodes. Similar to I2P, it allows building decentralized VPN services and blockchain-based TOR alternatives to achieve anonymity and protect online privacy. Combined with the TON P2P Network and TON DNS, TON Proxy gives decentralized apps immunity to censorship.
TON DNSTON DNS makes blockchain mainstream by assigning human-readable names to accounts, smart contracts, services and network nodes. With TON DNS browsing blockchain becomes similar to surfing the World Wide Web.
TON StorageTON Storage is a distributed file-storage technology accessible through the TON P2P Network. Think a better version of Dropbox for simplicity. This torrent-like technology relies on smart contracts for availability and has a strong potential with regard to storing and exchanging large amounts of data.
TON ServicesTON Services provides a versatile platform for third-party services. It enables smartphone-like friendly interfaces for decentralized apps and smart contracts, as well as a World Wide Web-like decentralized browsing experience.
TON provides a searchable registry of decentralized services and applications.
TON WorkchainsTON consists of the masterchain and up to 232 workchains with different rulesets, i.e. different formats of account addresses and transactions, virtual machines for smart contracts and basic cryptocurrencies, etc. Yet, workchains can still interact using consistent basic rules.
Today there is a wide variety of operating blockchains that are loosely connected to one another. Current attempts to use Bridging to establish interaction between them leave much to be desired in terms of both performance and decentralization levels. TON design will allow pooling all existing blockchains into a unified decentralized network.
ToncoinsThe principal cryptocurrency of the TON Blockchain, and in particular of its masterchain and basic workchain, is the Toncoin.
TON CommandmentsExchanging value should be as easy as exchanging information and blockchain technology ideally service the purpose. With this goal in mind we worded the key principles of TON design and development:
• Speed and scalability to process millions transactions per second, accommodating an unlimited number of active users and sustaining operations of numerous apps.
• Intuitive user interfaces to make blockchain about people, not geeks and nerds, to help everyone buy, store and transfer assets in a convenient, familiar way.
• Decentralization to ensure reliability, stability and safety and to take steps towards a safer, self-governed world.
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