The Open Network

Onchain fees in USDt Developers of TON wallets please read the following information: https://t.me/tondev_news/114 https://t.me/tondev_news/115

Toncoin circulating supply update The circulating Toncoin supply has been updated on data aggregators (CoinGecko, CoinMarketCap, and Tontech.io) to align with industry practice as laid out by CoinGecko. This new figure, effective from 29 May at 17:00 GST, follows an in-depth review of TON Blockchain data and among other things, specifically excludes the following locked or reserved tokens: — Toncoin in the TON Believers Fund — Toncoin held by Telegram — Toncoin held by The Open Network Founda…

Transition from jUSDT to native USDt USDt's launch on TON had huge success: there are already 316 million USDt in circulation! Before launching the native USDt, the bridged jUSDT fulfilled its role in the TON blockchain. Along with the launch of native USDt on TON, work has begun on cross-chain solutions that will allow transfers of native USDt from various networks into TON blockchain and vice versa. Thus, we are proposing to start migrating from jUSDT to the native USDt on TON. — The perс…

💎 Notcoin, a miniapp on Telegram, reached 35M active users in just a few months. 🐸 In this app, users could earn a game currency “notcoins” by clicking on the screen. Yesterday, the cryptocurrency Notcoin was minted on the TON blockchain and listed on all major cryptoexchanges. All of a sudden, Notcoin users who just played this game for fun could convert their in-game currency into real money 🤑 🚀 Notcoin instantly became a top-10 cryptocurrency in the world by trading volume, and reached almo…

https://panteracapital.com/blockchain-letter/ton-our-largest-investment-ever/

USDt-TON reaches 200 million in circulation USDt-TON has doubled its success, reaching $200 million in circulation in less than a month after launch, setting a new record as the fastest growing launch in the history of Tether’s USDt. Wen 1 billion?

Attention TON Community 💎 If you have experience with learning and development on TON and have noticed something missing in the documentation or tools, this is your chance to let us know. We encourage every community member to share their experiences with TON development by participating in our survey. The survey encompasses four key topics and will take approximately 5-8 minutes of your time. We invite you to contribute to this important initiative and share your valuable experiences here: …

USDt on TON — Already integrated into @wallet and into many exchanges, onramp and services. — Free withdrawals from major exchanges and @wallet until the end of June. — 11M Toncoin rewards for USDt users. — USDt-TON Learn and Earn campaign on OKX. — Low on-chain fees. — Soon: on-chain fees in USDT. https://ton.org/en/borderless

Key highlights of the groundbreaking perfomance of Telegram, TON and Tether at TOKEN2049 — Telegram is #6 most used app in the world. 900M MAU, 360M Mini Apps MAU. The number of Mini Apps users can be doubled. — Telegram Mini Apps, Wallet and TON blockchain provide unprecedented opportunities for developers — an example is Notcoin, which engaged 35M users in 3 months. — Telegram has launched Ad revenue sharing — payments and withdrawals in TON. — Telegram will also launch optional monetizati…

Validators voted to reduce fees Network fees decreased by 2.5 times. We thank the validators for your choice. This is the first use of the TON fees reduction mechanism on the mainnet. Validators also voted for the first precompiled smart contract, which will further reduce fees for USDt in particular. Developers please pay attention to the guidelines.

Voting to reduce network fees TON has always been known for its low network fees. Fees in TON are fixed (in Toncoin) and do not depend on the load in the network in any way. However, given the rise of Toncoin price, they are no longer so low in terms of dollars. Fortunately, TON provides a mechanism for reducing the cost of fees by network-wide voting. We encourage validators to vote for this fee reduction. https://telegra.ph/Making-TON-the-Most-Affordable-scalable-Layer-1-Network-04-16 Ho…

The Open League Season 1 $115M for TON Community 🤩 Read more: https://blog.ton.org/april-1st-the-open-league-season-1-115-million-in-toncoin-community-rewards For projects: https://blog.ton.org/the-open-league-season-1-for-projects

TON Foundation joins forces with Fireblocks and DWF Labs Fireblocks integrates TON Blockchain and adds support for Toncoin. Fireblocks is an enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets, having secured the transfer of over $4 trillion in digital assets to date. Earlier, Bitgo custodial service also supported Toncoin, and Binance Futures launched TON perpetual contract.

After my last post, some people expressed concern that, as a result of ad sales exclusively for TON, Telegram may end up holding an unhealthy share of Toncoin, which will be too concentrated for a decentralized ecosystem. We acknowledge these concerns and have come up with a solution. To limit Telegram’s share of TON at ≈10% of the supply, we’ll be selling the upcoming surplus of our TON holdings to long-term investors — under 1-4 years lockup and vesting plan, but at a discount to the market p…

😝 Next month, channel owners on Telegram can start receiving financial rewards from their work. Broadcast channels on Telegram generate 1 trillion views monthly. Currently, only 10% of these views are monetized with Telegram Ads — a promotion tool designed with privacy in mind. In March, the Telegram Ad Platform will officially open to all advertisers in nearly a hundred new countries. Channel owners in these countries will start receiving 50% of any revenue that Telegram makes from displaying…

The highlights of 2023 The most significant of last year's many events: Mass-adoption: — TON x Telegram; Performance: — World blockchain speed and scalability record; — 80M transactions in 15 days in mainnet; Tokenomics: — Achieving transparency and predictability for more than 66% of tokenomics [1] [2] [3]; — Implementation of the mechanism of burning half of the network fees, achieving deflationary in December; Recognition: — The Dubai Financial Services Authority added TON; — Swis…

Validators voted to activate TVM update Now TON developers even more equipped to develop cutting edge protocols.

Call for Network Validators to get in contact The TON blockchain is experiencing reduced performance now due to a backlog of transactions in the queue to be validated. We’ve received a response from many validators on the network who have already upgraded using the patch provided this morning. However, there are still some we have been unable to reach. We need to collect the machine specifications from all validators to progress the upgrade as quickly as possible. If you maintain a TON validat…

For the last two days, the TON blockchain has realized a new milestone while experiencing a significant slowdown in transaction processing. No smart contracts or user assets are at risk. All sent messages will be processed. We're working on fixing the problem. Tech report »‎

Meet the long awaited TVM update in mainnet It has undergone months of testing on testnet, bug bounties and been audited by one of the world's best auditor - Trail of Bits. This update makes TVM one of the most versatile virtual machines around, including the ability to create Zero-Knowledge protocols. Multiple community teams have already built amazing services using new functionality: 🌪Tonnel Network, 💠Redstone, 💥Evaa, 💎TON Teleport, Clean.ton. There were a lot of great ideas at the TVM hac…