The Open Network
GlobalAmbitions
Originally conceived by Telegram as the Telegram Open Network (TON), this blockchain project has evolved into The Open Network, focusing on high throughput and user-friendly applications. Despite regulatory hurdles leading to Telegram's withdrawal, the community-driven TON emerged, continuing its development. TON now boasts a robust ecosystem with features like sharding for scalability, a PoS consensus for efficiency, and integration with Telegram for seamless crypto transactions. Recent developments include partnerships for expanding its user base in Asia and the introduction of layer-2 solutions like TAC, enhancing its appeal for DeFi and gaming applications.