The Open Network

2023-06-19 23:39:26 Validators voted to activate 50% network fees burning

By this time, the first 1000 TON have been burned Open / Comment

2023-06-16 16:40:32 Validators please vote for or against the proposal to burn 50% network fees.

Proposal info »

Public poll results »

How to vote » Open / Comment

2023-06-13 19:53:08 Special bug bounty event

Following previous efforts to improve TON tokenomics, which include tokenomics optimization and deflation mechanisms, TON Foundation explores further options of direct stimulation of TON supply stabilization and predictability.

For this purpose we have developed smart contract Locker which incentivize long-term assets locking with subsequent smooth unlocking.

TF announces special bug-bounty event to discover vulnerabilities in Locker contract.

Prize fund: Up to 50'000 TON
Deadline: 23:59 on June 30th (UTC)
Who can participate: Everyone
How to submit: Open issue on github Open / Comment

2023-06-13 15:29:46 Discussion on updating the TON address format

TON is a blockchain designed for mass adoption. As part of this endeavor, we propose to add several guidelines and make small changes to the address format. The goal is to ensure that even inexperienced users who mistakenly send funds to the wrong place do not lose their funds and have them returned in most cases.

We encourage all developers to join in the discussion regarding the TON address format.

This proposal focuses on changes that almost completely maintain backward compatibility. However, we are open to discussing other proposals, including more radical ones.

TEP discussion » Open / Comment

2023-06-05 22:37:51 Big TVM update

The most significant TON Virtual Machine update so far – extended cryptography, arbitrary-precision arithmetic, and new instructions – this update will make TVM one of the most versatile virtual machines around and allow developers to create an even more diverse range of smart contracts, services, and products on TON.

We invite everyone to take part in the programming contest with 30,000 TON prize pool and showcase their best use of the new TVM features or take part in the bug bounty program receiving a reward for found bugs and vulnerabilities of the new TVM in the testnet.

Read more » Open / Comment

2023-06-01 18:53:11 Tokenomics deflation mechanism

The latest TON updates (2023.04, 2023.05) were devoted to optimization, security, and stability.

Today's TON update (2023.06) introduces a new Toncoin deflation mechanism:

Burning part of the network commission.

Black hole – if you send Toncoin here, it will completely disappear and be deducted from the total supply.

Network-wide voting for the activation of this functionality is scheduled for June 15th.

Read more » Open / Comment

2023-06-01 18:53:11 Big interview with TON’s Technical Lead Anatoliy Makosov

Read on TON Blog » Open / Comment

2023-05-09 16:10:12 Best practices for processing deposits and withdrawals in Toncoin and Jettons

When integrating Toncoin and Jettons to your exchange/bot/payment system, please refer to the JS examples:

Toncoin

— Processing deposits

— Processing withdrawals

— Detailed info

Jettons

— Processing deposits

— Processing withdrawals

— Detailed info Open / Comment

2023-04-18 17:06:55 Q1 2023 Results

TON Ecosystem has demonstrated impressive growth, with a 25% increase in the total number of accounts and transactions, a thriving DeFi sector, a cohesive ecosystem that continues to improve synergy between components, and a developer community that is rapidly expanding.

https://telegra.ph/TON--Results-from-Q1-2023-04-18 Open / Comment

2023-04-18 17:06:55 Token Bridge

The unlimited bridge for token transfer between the Ethereum and TON blockchains has been launched.

At the moment, you can freely transfer USDT, UDSC, DAI and WBTC tokens.

In the future, users will be able to transfer any ERC-20 compatible tokens.

The bridge has been verified by leading audit companies, including CertiK, Hexens, Quantstamp, and a public competition has been held to find vulnerabilities.

The Toncoin bridge has also received an update which added support for different languages as well as a number of UI improvements.

bridge.ton.org Open / Comment