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Hot news, services and announces from validator of The Open Network.
🏆 TON Foundation is launching the biggest incentive program The Open League on April 1 and allocating 30 000 000 TON (≈$150m)
The pilot season already attracted dozens of users, number of active wallets increased by almost 50%, while TON has soared to $5 ATH.
Gram has emerged as the most decentralized coin in TON with a chaotic distribution.
While Gram has a founder, it does not have an owner, defined tokenomics or a roadmap. Each member of the community autonomously decides the significance of Gram to them. All of us stand as neutral observers with equal authority.
I did not launch Gram with the intention of it reaching a specific price or a market capitalization in the millions.
Following the publication of my Jetton revolution concept and the launch of $GRAM, I checked the work of miners and went to sleep.
When I woke up the next morning, I was surprised to see that the large givers were drained. Next, someone added liquidity and with the ongoing mining of medium givers, active trading on the DEX platforms has begun. As a result, I'm neither an early miner nor a large holder of $GRAM.
As a developer, I was mainly focused on the technical side of the project instead of buying GPUs or preparing for mining in any other way. I devoted considerable time to testing the contract, assessing the givers' difficulty, creating the website and the mining manual along with maintaining the official channel @gramcoinorg.
Gram is often referred to as "the second bitcoin" thanks to its decentralization. I am glad that Gram was launched on TON Blockchain, developing on its own in a vibrant community of developers and enthusiasts.
I continue to actively watch the unfolding events with great interest.
Let's build together 💎
🔧 First hack of the year, the Orbit Bridg by developers of the Megaton exchange.
$88 million was stolen, mostly Ethereum users were affected, but for security reasons it is better to refrain from using their products.
@catchain
📥 Introducing Stakee — the most profitable and reliable TON staking, operating on the official smart contract from TON Foundation.
💰 Profitable · Your TON will yield up to 5% annually, thanks to the minimal validator commission.
🔐 Secure · Our validators working stable since 2021, and you can withdraw your coins anytime or contact 24/7 support.
🦄 Decentralized · Official smart contract from TON developers, verified by Certik.
Back in 2019, we published the first original TON documentation here. Since then, its content has been revised by the New TON Foundation team. However, it is particularly interesting to read the original one after 5 years of its creation.
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⚡️In July 2021, when the TON Foundation team started rebuilding the blockchain, was created a master key that allows to change blockchain's configuration settings in case of emergency.
Today, the master key has been removed from the blockchain, it's another step towards full decentralization and transparency.
🏆 TON Blockchain successfully broke the world record — more than 42 million transactions were sent in 12 minutes of the test, with a peak speed of 108,409 transactions per second.
This is the highest result not only for blockchains, but also for the classic payment systems Visa and Mastercard.
It is important to realize that these numbers are not the limit - the record was set in a test network of 256 validators, with enough validators TON will be able to process millions of transactions per second from billions of users.
@catchain
📲 The mobile version of tonscan.org is already available — stay tuned, there are more useful updates to be released.
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➕Now you can choose color scheme and language on Tonscan.org
Currency and more settings are coming in the next update.
🪙 Now all Jettons transactions are displayed in the history and you can also check the top holders at any Jettons page — example.
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🆕 Type any word on tonscan.org and you will get the new hints with a list of existing .ton domains.
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🪙 New arrival! Jettons are integrated on Tonscan and made searchable for each address.
@catchain
🔎 Now you can use wallet names at tonscan.org as well as addresses and domains while searching.
The list of known addresses will be updated soon.
@catchain
👨💻There was an important update to tonscan.org today — now it works with the indexer.
Transactions are now loaded instantly, links have been shortened. After the update each transaction displays the status and additional technical information, this is especially true during the active development phase. Also now you can search transaction by its hash.
Check it out with domain auction tx: https://tonscan.org/tx/32om1OldiwSMCD2HXzJHca-Mu73OOwiA1qntovE4h_s=
@catchain
⚡️This week tonscan.org was updated — now you can see all NFTs belonging to any address as in this example.
We will enhance our cooperation with the Getgems marketplace to improve NFT functionality.
Tonscan is more than just a blockchain explorer — even if it's not always obvious at first sight. Big update coming soon.
@catchain
Let's take a step back and look at the origin of the most significant event in the TON Community in recent years. The TON Base channel owner announced the start of the Jetton revolution and subsequently initiated a fair distribution of the GRAM coin through mining smart contracts, similar to those used by the Telegram team to distribute TON emission.
Some time ago, a brilliant idea struck me: what if we revive mining in TON and allow token mining with PoW Givers, similar to what was done before with TON.
As a result, the current smart contract pow-testgiver was modified, and now anyone can deploy the contract, send tokens to it, and start PoW mining.
The giver smart contract has been tested and is ready for use; it will be published soon. Currently, a wrapper is being prepared for easy configuration and deployment.
Afterward, gramcoin.org became the first implementation of such a distribution method and achieved overwhelming success within The Open Network community. Currently, only 16% of the emission has been mined, and further mining will proceed at a much slower pace, making $GRAM an even more independent coin, owned by the community.
💎 One of the early developers of TON services came up with the idea of mining tokens and to experiment, launched the $GRAM coin, which can be mined from PoW givers, just like it was done before with TON.
At the moment, only 12% of the coin's 5 billion GRAM issue has been mined — you can mine directly in your browser or with GPU.
We highly recommend creating a new wallet via mytonwallet.io and using it for mining without entering your main wallet's seed phrase anywhere.
📱 New TON Apps Page
There is a new section in the Tonscan, where all services based on The Open Network are collected: exchanges, bots, applications and wallets.
Happy New Year, and stay tuned! 🎄
🌐 tonscan.org/apps
💽 Last days FTX bankruptcy Custody address makes two large transaction for 900,000 TON going to sell via KuCoin and OKX exchanges.
Now they are holding about 12,500,000 TON.
@catchain
📈 Price volatility is an unwritten standart in crypto and TON's smooth growth comes as a surprise for the newcomers, nevertheless this is the way how the original founders saw the blockchain future.
Smooth and predictable growth allows to build long-term plans and keep fees low (which, however, can be adjusted by validator voting in case of a sharp rate hike) — this is especially important in the context of TON's desire for mass adoption and the team developing the blockchain understands this perfectly well.
Volatility and unstable rates are useful for traders, but in reality most of these trades are more like a casino game, especially when they are not backed by knowledge and strategy.
The real benefit and profitability should come from blockchain-based products, and here we come back to creating an enabling environment — it's hard to make long-term plans if the price of the underlying coin changes by thousands of percent every quarter.
The current development matches quite closely with what was described in the original documentation describing the blockchain. From coin distribution to messenger integration. Even the increased demand after the release followed by a correction was seen as a baseline scenario. You can read more about the document's contents below.💎
@catchain
🪙 Stablecoins are the most used cryptocurrency in the world right now, it's a universal payment method that has liquidity almost anywhere. And TON Core developers are already working on integrating a native stablecoin.
On other popular networks, you always need to have a native coin on your balance to use such coins, such as TRX to send USDT TRC20.
This complicates the process considerably, imagine if you always needed to have a small amount of British pounds anytime you want to pay with dollars.
Next year there are plans to launch a special smart contract for one of the popular stablecoins that will allow transactions without paying commissions in TON.
That time @wallet will already be integrate into Telegram's ecosystem and it's 800 million audience, including many crypto-enthusiasts and newbies — launching such a product could be the key to mass adoption of our blockchain.
@catchain
📊 New beautiful page with general TON Blockchain stats is already available at tonscan.org/stats
Now you can track transaction activity, market price and trading volumes, total number of accounts, and much more. Over time, we plan to add new charts and useful data.
🐱 Hey Cats,
We are actively looking for a Full-stack Web developer (Vue.js + NodeJS) to develop new and improve and support our services.
If you are interested, please write to us, even if you don't quite fit the described criteria.
📄 Read more at jobs.ton.org
📊 The list of staking pools provided by our team. We use the official smart contract created by TON Foundation.
CAT Pool #1
CAT Pool #2
CAT Pool #3
CAT Pool #4
CAT Pool #5
CAT Pool #6
The minimum staking amount is 10,000 TON and this limit will be reduced soon.
If you are a big player and want to stake more than 100,000 TON — we have a special pool with the lowest commission.
CAT Pool #7
📄 Stake easily with @StakeeBot ›
💬 Got questions? Use @faqbot
🔋 New TON Storage contracts are integrated on tonscan.org
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👨💻 The Contract tab was updated.
Now you can view the source code for any verified smart contract — just open any address page at Tonscan.
For example verified domain or staking pool.
Thanks to the Orbs team ❤️
🚀 Domains .t.me are fully supported by tonscan.org — soon they can be used as well as .ton.
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⚡️ Now all .ton domains are fully integrated in our search at tonscan.org
@catchain
👨💻 Many teams started launching their pools since the launch of the nominators smart contract, so we've updated the article about validators ›
1. To become a validator, you need to have at least 300,000 TON – this can be either personal funds or funds raised from nominators, but staking will not work until you have the right amount.
2. The validation process consists of 18-hour rounds, preceded by a 9-hour voting phase, then the stakes is frozen for another 9 hours.
3. There are more than 200 validators on the blockchain at the moment, and their number will grow in the future.
For ordinary users it's easier to send coins to the staking smart contract and earn up to 12% APY, this is the best way to store coins. Usually it is safer to store coins in a staking.
🔥 Turning point in the history of TON — mining of the first giver was completed.
During June, all smart contracts distributing TON to miners will also complete the distribution of coins.
Now the only way to earn new coins is staking ›
@catchain
