The Tech Quiz - Season 32
Greetings everyone hope you are all doing great I'm happy to participate in this contest that @malikusman1 organized.
[Download from telegram]ton.org
https://t.me/ton_blockchain
What is TON blockchain ?
The TON blockchain was therefore a decentralized project that was undertaken by the messaging app team of Telegram to build a TON network of decentralized applications. It was envisaged offer high TPS capability, flexibility and compatibility with smart contract execution. As with many other new projects, TON aimed to address performance and security issues with the help of sharding and Proof-of-Stake consensus.
Integration with other decentralized services and applications and decentralization were in the focus of TON: users would be able to find needed dApp in order for various purposes, make fast and secure transaction and communicate within the needed unified ecosystem of interconnected services. However, because of the enforcement of the law, the TON project was problematic and was not completely realized; it is still thus unclear what the TON’s future would have been, and how it would have affected the blockchain space.
Future of TON blockchain ?
Greater scalability to be attained by way of more complex shardings and the arrival of additional layer two solutions, that would promise faster or more efficient transactions on the network.
Better security with the help of different encryption standards and consensus used for reducing the risks of hacking and fraud against users’ data.
More decentralization and distribution of the network of nodes and validators with enhanced capabilities of individual participants and less possibility of control by some certain individuals or certain large companies.
Privacy that is improved through one accessing the platform and engaging in transactions without being identifiable nor exposing data, and personal assets to frauds.
Better compatibility with other blockchains plus legacy monetary systems, where a user’s selects a value or an asset and sends them across different chains.
Integration of the blockchain into popular mainstream companies and organizations, thereby implementing the blockchain into a number of fields and areas of use like supply chain, voting systems, identity systems, and more.
Are you mining any project on TON blockchain?
Yes am currently mining so many projects on ToN blockchain like Hamster Kombat, Tap swap, Aquaprotocol, and many of them and without any hesitate, I can tell you that they’re doing very well and with the help of God they’re planning to launch soon.
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Thanks for reading my post I am hereby inviting @rad-austine @mesola and @eluustanley to participate in this contest.
https://x.com/entity673865/status/1803537825524228420
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