Wednesday, October 16, 2024

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.

TON News

TADA Partners with TON to Introduce Web3-Powered Ride-Hailing

TADA, a leading ride-hailing service in Southeast Asia, has partnered with the TON Foundation to launch TADA Mini, a Telegram-based app that integrates Web3 technology into ride-hailing. Users can now book rides directly through Telegram and pay with cryptocurrencies like $TON or $USDT-TON. This collaboration marks a step forward in mainstreaming blockchain technology and cryptocurrency adoption in everyday services.

Rumble CEO Exits Europe Amidst Telegram Founder’s Arrest

Pavlovski's departure was announced via X (formerly Twitter), where he stated, "I've just safely departed from Europe," citing France's actions against Telegram as a catalyst.

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