STON.fi Blog

The TON project was originally launched in 2018 under the Gram name and managed to raise in excess of $1.7 billion in investments. However, the SEC (Securities and Exchange Commission) later interfered and labeled the Gram tokens as securities, forcing the project to reformat and take on a new form. By May of 2020, Gram lost to the SEC in court and had to abandon further pursuit of fundraising. The result was the development of the TON project with a large community following in the blockchain and crypto space. By that point, Telegram had left the TON project and developers picked up from then on, since the source code of the blockchain wa

The TON blockchain is one of the most powerful contenders for the title of a competitor to the Ethereum network. The main reason for such a statement is the fact that the TON blockchain has considerable potential from a technological standpoint and its performance metrics bear value. The TON blockchain has a number of distinct advantages that will be explored in the given material. Comparative Analysis If the TON blockchain were to be compared with the Ethereum network, it would become evident that some significant advantages place TON well above its competitor, namely: The TON blockchain has a block time of 5 seconds compared to Et

The TON blockchain is one of the most significant advancements in the blockchain industry over the past few years, demonstrating quite a number of features that allow it to stand out among its competitors. In this material, we will explore six features of the TON blockchain that make it quite unique, especially in regards to its programming. The Smart Contract Aspect The classic concept of the blockchain entails the user paying a commission fee for the transaction. This concept was introduced in the form of the gas fee in the Ethereum network and essentially mimics the mechanics of a classical bank, which charges a commission for it

In the previous article, we explained what steps we have already taken to create the cross-chain feature. Now we are developing an internal database for operations storing. So why did we choose this approach instead of using blockchain? Financial performance. Sending messages between traders and market makers will be off-chain according to the Request For Quote (RFQ) protocol, which means that no fees will be required from blockchain. The assets rate is constantly changing, and effective trading requires up-to-date transaction information. Operating speed. Trading will occur between different blockchains, and they usually have different

In previous posts, we explained why cross-chain exchanges are necessary and why our cross-chain functionality will be especially convenient for users. Today, we will discuss what we've accomplished. The top priority in cross-chain technology is ensuring reliability and security for users and their assets. To ensure this, it was imperative to develop and test the prototype and the initial internal versions. We are pleased to announce that we have already achieved the following: Integrated the Request for Quote (RFQ) mechanism into the messaging protocol between traders and market makers (equivalent to liquidity providers in RFQ DEX). Th

As you are already aware, we are in the process of developing a unique cross-chain exchange functionality. It's time to discuss the advantages that our new technology will bring to users: Simplicity and convenience. No registration, identity verification, or token deposits will be required to utilize the cross-chain feature on STON.fi. You will only need wallets on two networks. Don't waste time and nerves! Security and no additional fees. When using bridges, users usually have to pay high fees and are at risk of hacker attacks. STON.fi essentially eliminates the need for bridges and offers direct exchanges of native tokens without wra