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    FreeTON

    From Wikitia - Reading time: 3 min
    FreeTON
    Private
    IndustryCommunity
    Websitefreeton.org

    FreeTON is a cryptocurrency network implemented by free software developers enthusiastic about the TON technology. FreeTON community in a live YouTube video launched the network officially. on May 7, 2020,[1] just some days before Pavel Durov, the CEO of Telegram, official announcement about the end of Telegram’s active involvement with TON technology on 12 May 2020.[2]

    TON Crystal or TON coin[edit]

    According to the FreeTON blockchain browser, there are 5,000,002,836 TON Crystal tokens, with 85% of them distributed to FreeTON partners and users, 10% to developers and the remaining 5% to the community’s validators.[3]

    FreeTON blockchain technology[edit]

    Dr. Nikolai Durov describes the TON technology (planned 2018) as a Blockchain that is designed to be the first fifth-generation blockchain project, a BFT PoS-multichain project, mixed homogeneous/heterogeneous, with support for custom workchains, with native sharding support, and tightly-coupled (in particular, capable of forwarding messages between shards almost instantly while preserving a consistent state of all shardchains).[4]

    The TON is a blockchain of blockchains. or we can say it is a huge distributed supercomputer, intended to host and provide a variety of services.[4]

    FreeTON blockchain special capabilities[edit]

    in the FreeTON network everything is a smart contract. FreeTON network can support millions of transactions per second if necessary and can provide special services such as TON DNS, TON Proxy, TON Storage, TON WWW.[4]

    References[edit]

    1. ↑ "TON Community Launches Free Version of Telegram Open Blockchain". Cointelegraph. Retrieved 2020-06-18.
    2. ↑ "Updated: Telegram Abandons Telegram Open Network and Gram Tokens". Cointelegraph. Retrieved 2020-06-18.
    3. ↑ "No, Free TON Hasn't Just Forked Telegram's TON Blockchain". Cointelegraph. Retrieved 2020-06-18.
    4. ↑ 4.0 4.1 4.2 "Telegram Open Network White Paper" (PDF). Archived (PDF) from the original on 2020-05-31.

    External Links[edit]

    This article "FreeTON" is from Wikipedia. The list of its authors can be seen in its historical. Articles taken from Draft Namespace on Wikipedia could be accessed on Wikipedia's Draft Namespace.

    Licensed under CC BY-SA 3.0 | Source: https://wikitia.com/wiki/FreeTON
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