Toncoin: The future of currency

Toncoin is the native cryptocurrency of TON. It is used for network operations, transactions, games or collectibles built on top of TON.

The history of Toncoin

TON Roadmap

November 2019

Telegram Open Network (TON) testnet 2 is launched, with 5 billion coins minted. A small fraction, equivalent to 1.45% of the supply, is allocated to developers and testers.

May 2020

After the SEC banned Telegram from issuing Grams to investors, Telegram stopped working on the TON ecosystem. Testnet2 tokens are placed in 20 Proof-of-Work Giver smart contracts.

May 2021

Testnet2 was promoted to mainnet by majority vote of network participants. Coins continue to be distributed through Proof-of-Work Giver contracts.

June 2022

After the initial distribution of coins, TON enters a new phase, expanding the number of validators and coins participating in the validation. This advancement improves network stability and security.

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