What is the blockchain-based platform that Telegram is going to auction off?

5 answers

• mehdi belhajaliJun 02, 2025 · 3 months ago
  Sure! Telegram is planning to auction off their blockchain-based platform called TON (Telegram Open Network). TON aims to provide a decentralized platform for various applications, including digital payments, file storage, and decentralized applications (DApps). It utilizes a proof-of-stake consensus mechanism called the Byzantine Fault Tolerant (BFT) consensus algorithm, which is designed to achieve high scalability and security. TON also features a unique combination of sharding and hypercube routing to enable fast and efficient transaction processing. Compared to other blockchain platforms, TON offers faster transaction speeds, lower fees, and a more scalable infrastructure.
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• dulceJun 04, 2024 · a year ago
  The blockchain-based platform that Telegram is going to auction off is called TON (Telegram Open Network). TON is designed to be a decentralized platform that offers various services, such as digital payments, decentralized applications (DApps), and file storage. It aims to provide faster transaction speeds and lower fees compared to other blockchain platforms. TON utilizes a proof-of-stake consensus algorithm called Byzantine Fault Tolerant (BFT) consensus, which ensures the security and integrity of the network. With its unique combination of sharding and hypercube routing, TON can process transactions quickly and efficiently.
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• LouanApr 03, 2022 · 3 years ago
  The blockchain-based platform that Telegram is planning to auction off is TON (Telegram Open Network). TON is a decentralized platform that aims to provide fast and secure digital payments, decentralized applications (DApps), and file storage. It utilizes a proof-of-stake consensus algorithm called Byzantine Fault Tolerant (BFT) consensus, which ensures the network's security and integrity. TON also incorporates sharding and hypercube routing to achieve high scalability and fast transaction processing. Compared to other blockchain platforms, TON offers faster transaction speeds, lower fees, and a more scalable infrastructure. BYDFi, a leading digital currency exchange, is also involved in the development and promotion of TON.
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• CiCiJan 07, 2024 · 2 years ago
  Telegram is going to auction off their blockchain-based platform called TON (Telegram Open Network). TON is designed to be a decentralized platform that offers various services, including digital payments, decentralized applications (DApps), and file storage. It utilizes a proof-of-stake consensus algorithm called Byzantine Fault Tolerant (BFT) consensus, which ensures the security and reliability of the network. TON also incorporates sharding and hypercube routing to achieve high scalability and fast transaction processing. Compared to other blockchain platforms, TON aims to provide faster transaction speeds, lower fees, and a more efficient infrastructure.
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• Loy TeeMay 12, 2024 · a year ago
  TON (Telegram Open Network) is the blockchain-based platform that Telegram is planning to auction off. It is a decentralized platform that aims to provide digital payments, decentralized applications (DApps), and file storage. TON utilizes a proof-of-stake consensus algorithm called Byzantine Fault Tolerant (BFT) consensus, which ensures the security and integrity of the network. With its unique combination of sharding and hypercube routing, TON can process transactions quickly and efficiently. Compared to other blockchain platforms, TON offers faster transaction speeds, lower fees, and a more scalable infrastructure.
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