The Open Network (TON) is a decentralized and open internet platform made up of several components. These include: TON Blockchain, TON DNS, TON Storage, and TON Sites. TON Blockchain is the core protocol that connects TON’s underlying infrastructure together to form the greater TON Ecosystem.
TON is focused on achieving widespread cross-chain interoperability, while operating in a highly scalable secure framework. TON is designed to process millions of transactions per second (TPS), with the goal of eventually reaching hundreds of millions of users moving forward.
TON Blockchain is designed as a distributed supercomputer, or “superserver,” intended to provide a variety of products and services to contribute to the development of the decentralized vision for the new internet.
Key Components
Apart 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 Blockchain
The 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 Payments
TON 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 Proxy
TON 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 DNS
TON 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 Storage
TON 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 Services
TON 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 Workchains
TON 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.
Toncoins
The principal cryptocurrency of the TON Blockchain, and in particular of its masterchain and basic workchain, is the Toncoin.
TON Commandments
Exchanging 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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