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The Open Network

website·Indexed 40 days ago

https://ton.org/

A decentralized L1 blockchain developed by Telegram and the open-source community, designed for mainstream adoption.

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What's inside TON

  1. Overview of The Open Network (TON) architecture

    The Open Network (TON) is a decentralized Layer 1 blockchain utilizing a Proof-of-Stake consensus mechanism. It is designed for high scalability and mainstream adoption, featuring an actor-model based asynchronous architecture and dynamic sharding, where the mainnet automatically splits into shardchains during high load and merges back when load decreases.

  2. TON security and auditing

    TON is fully open-source and undergoes audits by leading security firms. The project maintains a permanent bug bounty program and hosts periodic cracking contests to ensure network stability and security.

  3. TON network performance and transaction specifications

    TON provides high-throughput performance with the following technical specifications:

    • Latency: ~0.4s block time and ~0.6s time to finality.
    • Throughput: Verified 100K+ TPS in public tests.
    • Fees: Fixed fees regardless of network load (e.g., ~0.00039 Gram for Gram transfers, ~0.001 Gram for USDt transfers).
    • Scalability: Capable of processing millions of transactions per second.

  4. TON consensus and chain structure

    TON employs the following consensus and structural mechanisms:

    • Consensus: Uses Proof-of-Stake (PoS) and a version of the Simplex consensus protocol called Catchain 2.0.
    • Workchains: Supports seamlessly integrated sidechains (Workchains) with potentially different architectures, all coupled via the Masterchain.

  5. TON Virtual Machine (TVM) and Smart Contract capabilities

    Smart contracts on TON run on the TON Virtual Machine (TVM), a custom stack-based VM. The TVM supports modern cryptography and Zero-Knowledge (ZK) primitives. The network utilizes an actor model to perform operations in parallel, increasing overall throughput.

  6. Access official Gram token logo assets

    The official Gram token logo is characterized as a white star on a blue diamond. The primary brand color for the logo is hex code #30A1F5.