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

We wrote about the history of the creation of TON and their battle with the US Securities Commission in one of the previous posts. Now let's look at what tasks they tried to solve and what unique features the Durovs planned to implement in their Telegram Open Network, and whether they and the team of independent developers succeeded in it. The original whitepaper is still freely available, you can read it here. The tasks facing the developers were truly gigantic: to create nothing but the most perfect blockchain in the world, which: will have an instant transaction speed, and thus will compete with fiscal payment systems (transfer cryp