26 Sep, 2024

Introduction

Despite many crypto natives spending hours every day on Telegram, the sudden surge in the price of $TON has caught many by surprise. It wasn’t until it flipped Solana in market cap that people started paying attention and keeping a close eye on what was going on with the TON project, originally developed by Telegram.

Behind the scenes, The Open Network (TON) is ushering in a new era of decentralized Internet infrastructure. This report provides a concise overview of TON’s components, its mission, and its potential impact on the digital landscape.

Overview

The Open Network (TON) is a multifaceted ecosystem comprising four key components: TON Blockchain, TON DNS, TON Storage, and TON Sites. At the heart of this ecosystem is the underlying L1 blockchain, which aims to onboard the next generation of users thanks to a strategic relationship with Telegram – that is 800M+ users around the world.

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