$TON
TON (The Open Network) is a decentralized blockchain platform developed by Telegram. It's designed to facilitate fast, secure, and scalable transactions.
TON's key features:
1. *Scalability*: Capable of processing millions of transactions per second.
2. *Security*: Employs a proof-of-stake (PoS) consensus algorithm.
3. *Decentralized*: Allows for community-driven governance and development.
The platform's native cryptocurrency is Toncoin (TON), which is used for:
1. *Transaction fees*: Paying for network transactions.
2. *Staking*: Participating in the PoS consensus algorithm.
3. *Governance*: Voting on network decisions.
TON has gained significant attention due to its potential for widespread adoption, particularly given Telegram's massive user base.
