In this article we delve into the “Telegram Open Network,” whose main peculiarity is that it relies on the cryptographic messaging app of the same name.
The history of this network began in 2019 with an ICO, which was followed by several events that delayed its success including a court case filed by the U.S. Securities and Exchange Commission (SEC).
Today Telegram Open Network boasts the world’s fastest blockchain record, capable of handling more than 104,000 transactions per second.
Emerging within Telegram’s decentralized ecosystem is the cryptocurrency Toncoin (TON), which serves as a governance, fuel, and stake token.
Compared to a year ago, the price of TON has increased by 74%.
Let’s see all the details below.
What is it and how does the Telegram Open Network modular blockchain work?
Telegram Open Network is a layer-1 modular blockchain that is based on a Proof-of-Stake consensus mechanism.
Its operation is different from monolithic networks such as Ethereum, in that
We współpracy z: https://en.cryptonomist.ch/2023/11/12/telegram-open-network-heres-how-works/
