The Open Network  TON Ecosystem Explained!  Blum Academy #blum #crypto #airdrop #bitcoin - video Dailymotion

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The Open Network  TON Ecosystem Explained!  Blum Academy #blum #crypto #airdrop #bitcoin

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00:00Welcome to the channel, today we're diving into the fascinating world of the Open Network

00:06or TON.

00:07TON is a decentralized and open internet platform that aims to create a scalable, secure and

00:12interoperable network.

00:14Let's break down its key components.

00:16At the heart of TON is the TON blockchain.

00:18Imagine it as a distributed supercomputer or super server capable of processing millions

00:23of transactions per second.

00:25This blockchain connects all of TON's infrastructure, forming a larger ecosystem.

00:29But this is just the beginning.

00:31Let's delve into the TON blockchain itself.

00:33It's designed for maximum scalability and security.

00:35How is this achieved?

00:37TON uses a unique blockchain-of-blockchain structure where each sub-blockchain can interact

00:42with others, ensuring high speed and efficiency.

00:44This structure allows TON to process millions of transactions per second, making it one

00:49of the most powerful blockchain platforms.

00:51There are also various features that make the TON blockchain unique.

00:54For instance, TON uses dynamic sharding.

00:57This means the network automatically splits into smaller parts or shards to distribute

01:01the load, increasing efficiency and speed.

01:04TON also offers advanced smart contracts.

01:06These contracts can perform complex operations quickly and at low cost, making TON an ideal

01:11platform for developers building decentralized applications.

01:14DAP.

01:15Then there's TON DNS.

01:16It's like the phonebook of the TON ecosystem, simplifying the process of finding and interacting

01:21with services.

01:22TON Storage is another key component.

01:24It offers decentralized file storage, ensuring your data is secure and accessible only to

01:28you.

01:29Unlike traditional cloud services, data in TON Storage is distributed across many nodes,

01:34making it more secure against hacks and losses.

01:37Let's not forget about TON Sites, which enables the creation of decentralized websites, providing

01:42greater freedom and security for developers and users.

01:46With TON Sites, you can create a site that is always accessible without risk of censorship

01:51or blocking.

01:52TON is also integrated with the Telegram messenger, making it even more convenient to use.

01:58Mini apps such as Bloom are available in Telegram, enhancing functionality.

02:03Users can interact with decentralized applications right within the messenger, making the TON

02:08experience even more integrated and convenient.

02:11An important element of the TON ecosystem is tokens.

02:13The main token, TON Crystal, is used for various transactions within the network.

02:18Tokens are used to pay for fees, staking and participating in network governance, ensuring

02:22decentralization and security.

02:25Users can also earn tokens by participating in the network, providing computing power

02:29or storage.

02:31Security in TON is ensured through multiple layers of protection.

02:34The blockchain uses advanced cryptographic methods to protect data and transactions.

02:39Additionally, the decentralized nature of the network makes it less vulnerable to attacks,

02:43as there is no single point of failure.

02:45The main goal of TON is wide cross-chain interoperability.

02:48TON is actively working on integrating with various blockchains, which in the future will

02:53allow users to freely exchange assets and data between different platforms.

02:57To get started with TON, visit their official website and explore the various services they

03:01offer.

03:02The future of a decentralized internet is here.

03:05Thanks for watching.

03:06Don't forget to like, subscribe and hit the bell icon for more crypto insights.

03:10See you next time.

03:15Transcribed by https://otter.ai

The Open Network TON Ecosystem Explained! Blum Academy #blum #crypto #airdrop #bitcoin

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