The Open Network

2023-02-01 21:07:56 TON Roadmap 2023

The roadmap for this year has been put together and published.

Over the last year, an ecosystem of various TON products has been rapidly built, ranging from decentralized exchanges and multifunctional wallets to marketplaces and blockchain games. Components of The Open Network were also launched including: TON DNS, TON Payments, TON Proxy, TON Sites, and TON Storage.

The first half of this year will be dedicated to harmonizing, improving and optimizing all of our current development projects to make TON as useful and convenient as possible for users.

The roadmap includes many TON improvements specifically designed to meet the needs of TON developers, providing them with the tools and resources they previously lacked.

TON is the only modern blockchain finding new, sometimes unexpected, ways to attract users. In the second half of the year, we aim to surpass all of our previous efforts with the goal of bringing even more users to TON.

Because we always try to solve the most pressing problems, and events are dynamically changing, Q3 and Q4 are not completely filled-in and additions will be made as our work progresses.

In technical terms, TON already surpasses all other existing blockchains by a large margin.

In order to confirm this, we have planned a show to demonstrate the real performance of TON and its ability to scale under heavy load.

Further developments for TON Proxy, TON Payments and TON Storage are described on separate pages. Open / Comment

2023-01-23 19:01:08 A Community Proposal for Tokenomics Optimization

On December 17, in response to repeated requests for greater certainty, clarity and transparency over the tokenomics of the TON network, the community has called for all early miners to activate their inactive mining wallets by the end of 2022.

Out of the 204 inactive mining wallets identified by the community, 194 wallets holding 1,081,425,847 Toncoin remain inactive today. These mining wallets — the genesis wallets that have mined Toncoin directly from the Proof-of-Work smart-contracts — have never been activated and do not have a single outgoing transfer in their history.

Toncoin is a gas required to access decentralized services on the TON network. It has been widely speculated that access to these inactive wallets may have been lost. What is clear is that there is a community consensus: the existence of these unutilized Toncoin only increases the uncertainty for the network participants.

TON is a community-driven blockchain, and we believe that the network validators should listen to the voice of the community.

Therefore, we are suggesting a validator vote for the proposal of tokenomics optimization, one that enables these inactive mining wallets to remain inactive for a certain period of time.

In spite of some people proposing a permanent inactivation, the majority of the community was in favour of preserving the very idea that keeps us as one: decentralization. For this reason, the community has reached a consensus to set this period to 48 months. This will give the TON ecosystem enough time to flourish while providing flexibility to those who may not be aware of these discussions in the community.

Like any network proposals, this will require at least 75% of the validator votes in two consecutive validation rounds to take effect.

The owners of the inactive mining wallets can opt out by activating their wallets at anytime before the end of the voting that will start on February 21, 2023. The full list of inactive mining wallets can be found here: https://tontech.io/stats/early-miners.
Wallets that did not receive Toncoin directly from the mining smart contracts ("Givers") or made an outgoing transaction at any time in the past will not be affected.

We are proud that TON is a uniquely decentralized blockchain community. Our mission of decentralization can be achieved as long as we have the active participation of the community, which we have today.

We strongly encourage the community to discuss and voice their opinions about this proposal. Open / Comment

2022-12-22 20:29:33 The core team has finished reviewing and testing the smart contracts of the Token Bridge.

We have devoted considerable time to this because the bridge will operate with a large number of tokens, and blockchain bridges currently are the main target of hackers.

Finally, we invite you to participate in a public contest to find vulnerabilities in the bridge’s smart contracts with a prize pool of $50,000. Open / Comment

2022-12-17 16:28:11 An important community request to TON miners who have never used their coins

The level of interest in TON from the open-source community has grown exponentially over the year.

One of the main challenges of 2022 was reaching a community consensus on what the circulating supply is. Today, different data aggregators show different statistics. They often use a definition that simply does not capture the uniqueness of the TON’s history.

Therefore, we are proposing to launch a community-wide effort to determine what the community should consider dormant, inactive or uncirculating supply going forward.

Currently, the total number of inactive mining addresses with a balance of over 1 TON is 204. The total balance of these addresses is about 1.08 Billion TON. The full list of these addresses, which is public and on-chain, is made available by the independent data aggregator TonTech.

We kindly ask all owners of these inactive mining wallets — the genesis wallets that received Toncoin directly from Givers without the history of a single outgoing transaction — to activate and make an outgoing transfer to any address on the TON network by 00:00 UTC on January 1, 2023.

Through this community exercise, we hope to achieve greater clarity and certainty on the tokenomics of the TON network. The community has the right to know. This will remove the obstacles and hindrances faced by some contributors. We kindly ask all miners to take part in this initiative.

The data will be useful for providing a more accurate data to service providers, such as CoinMarketCap. It will remove discrepancies between different statistics.

We strongly encourage all members of the TON community to spread information about this initiative in order to reach as many participants as possible. Open / Comment

2022-11-30 18:09:33 The blockchain industry was built on the promise of decentralization, but ended up being concentrated in the hands of a few who began to abuse their power. As a result, a lot of people lost their money when FTX, one of the largest exchanges, went bankrupt.

The solution is clear: blockchain-based projects should go back to their roots – decentralization. Cryptocurrency users should switch to trustless transactions and self-hosted wallets that don't rely on any single third party.

We, developers, should steer the blockchain industry away from centralization by building fast and easy-to-use decentralized applications for the masses. Such projects are finally feasible today.

It took only 5 weeks and 5 people including myself to put together Fragment – a fully decentralized auction platform. We were able to do this because Fragment is based on The Open Network, or TON – a blockchain platform that is fast and efficient enough to host popular applications (unlike Ethereum, which unfortunately remains outdated and expensive even after its recent tweaks).

Fragment has been an amazing success, with 50 million USD worth of usernames sold there in less than a month. This week, Fragment will expand beyond usernames.

Telegram's next step is to build a set of decentralized tools, including non-custodial wallets and decentralized exchanges for millions of people to securely trade and store cryptocurrencies. This way we can fix the wrongs caused by the excessive centralization, which let down hundreds of thousands of cryptocurrency users.

The time when the inefficiencies of legacy platforms justified centralization should be long gone. With technologies like TON reaching their potential, the blockchain industry should be finally able to deliver on its core mission – giving the power back to the people. Open / Comment

2022-11-16 18:29:33 The population of the Earth recently exceeded 8 billion people. According to the most optimistic estimates, only a few percent of the population have ever used a crypto wallet. TON has all the prerequisites to change this and become a truly massive blockchain network.

In a new article for the developer community, we will identify what has been done to date in the TON project and set out priorities for the future.

https://telegra.ph/TON--next-steps-11-16 Open / Comment

2022-11-15 17:26:50 TON Foundation x CertiK

CertiK is a well-known and highly sought-after company in the blockchain industry that is professionally engaged in searching for vulnerabilities and checking smart contracts, services, and blockchains for security.

This spring, the TON Foundation team began massive work with CertiK to check the TON blockchain’s core code and the main system services and smart contracts.

The first public results are now available on the company’s website. The “Audits” section has also appeared on the Toncoin page on CoinMarketCap.

At the moment, audit reports covering the TON core (catchain), TON system smart contracts, and smart contracts of vesting wallets have been published.

The audit has confirmed how bulletproof TON is, and non-critical bugs were discovered and promptly fixed by the TON Foundation team.

In the future, the remaining parts of the audit will be published.

In the course of their work, specialists from CertiK studied the TON blockchain and the FunC smart contract programming language, which means that now other projects and products based on TON will be able to order audits from CertiK.

This is excellent news for the ecosystem, TON projects, and the industry.

Interaction with such professional auditing companies is an essential addition to our open Security Bug Bounty Program. Open / Comment

2022-11-02 14:24:32 Vote to update the root DNS smart contract Network validators, please vote for this proposal as described here. Open / Comment

2022-10-31 15:00:24 Telegram Usernames and TON DNS Given that Telegram usernames comply with TON DNS standard, we consider it a great idea to add the "t.me" domain zone to the TON DNS root smart contract. Almost all TON wallets and apps allow you to enter a ".ton" domain instead… Open / Comment

2022-10-27 20:43:03 Telegram Usernames and TON DNS

Given that Telegram usernames comply with TON DNS standard, we consider it a great idea to add the "t.me" domain zone to the TON DNS root smart contract.

Almost all TON wallets and apps allow you to enter a ".ton" domain instead of a wallet address.

After updating the root TON DNS, it will be possible to enter a Telegram username into TON apps in the same way as ".ton" domains. In other words, you will be able to send Toncoins to "any.t.me" address. The TON apps themselves will not require modifications.

Since the blockchain configuration can only be changed by validator voting, we’re scheduling a network vote for this proposal on Oct. 31 at 12:00 UTC. Validators, please be ready to send your vote at this time. Detailed instructions will be posted later. Open / Comment