TON Community

2022-08-17 15:44:23 Introducing a major @wallet update: The popular service now has a new user-friendly interface.

On the home screen, you can see your balance, transaction history, and buy or send Toncoin. You can now buy Toncoin in just a couple of taps without leaving Telegram — you only need to link a bank card to the service once.

There’s no need to chat with the bot to use the wallet: simply add @wallet to the Attachments Menu, start the bot, and send Toncoin directly within chats with your contacts.

If you are still not familiar with the service, right now is a great chance to get to know it: There’s no service fee for purchasing Toncoin, and the exchange rate is as close as possible to the market price.

The developers continue to improve the service, equipping it with better features and making it one of the most integral parts of the TON ecosystem.

Join the Wallet News channel to stay up-to-date with all the latest news. Open / Comment

2022-08-16 21:24:35 Introducing Soulbound NFTs, a new NFT standard on TON.

Participants of the joint grant program from NFT marketplace Getgems and the TON Punks collection have written a draft for a Soulbound standard, a special kind of NFT that cannot be sold or transferred to another address because it’s forever-linked to its owner’s wallet.

Tapping into the Soulbound token standard will open new opportunities for the technology and NFTs.

For instance, Soulbound tokens can show a wallet’s accomplishments, issue documents (driver’s license, diplomas, etc.), or hand out personalized coupons.

Getgems is inviting developers to a discussion that will help finalize the standard’s draft:

— The standard’s draft proposal.
— An example of implementing the standard.

We can’t wait for product developers to start implementing Soulbound NFTs and think of new mechanics for the standard. Open / Comment

2022-08-15 05:37:08 ​TON Society announces the TON Liquidity Award Program (LAP)

TON Society, a platform acting as a beacon where developers and funding come together to endorse and promote various projects on TON, has announced the TON Liquidity Award Program. The $14-million initiative (payable in TON) aims to attract projects to increase the network’s total value locked (TVL).

More specifically, the program hopes to kickstart a healthy competition among teams building DEXs, bridges, and DeFi protocols. The total award amount would sufficiently incentivize both small and large teams to build and apply for the program.

Detailed LAP description and example is provided under TON Society’s GitHub announcements. Questions/comments/feedback are welcomed and will be accepted until Aug 19. Teams can leave comments under the “Issues” section (please label your message with “Liquidity Award Program”).

GitHub program description: https://github.com/ton-society/grants-program/blob/main/announcements/liquidity%20award%20program.md

GitHub Issues section (for questions/comments/feedback):
https://github.com/ton-society/grants-program/issues

The official date of the program launch (which starts the 1-year window) is yet to be determined. Open / Comment

2022-08-11 20:51:09 ​When we told you about TON’s crosschain capabilities a week ago, we mentioned that the TON Foundation is collaborating with RSquad on a scalable crosschain bridge allowing users to transfer tokens (Jettons) from Ethereum and BNB Chain to The Open Network and vice versa.

The launch of such a bridge is a monumental event because users will be able to store any cryptocurrency, including stablecoins, based on Ethereum and BNB Chain on TON and even trade them on DEXs.

The RSquad team has published an article explaining the project’s development, what tasks are left for the developers to tackle, and the significance of the crosschain bridge in the TON ecosystem.

You can read the article here.

RSquad is also working on the Rainbow bridge compatible with Ethereum Virtual Machine blockchains, which we mentioned not long ago.

RSquad Blockchain Lab is an experienced international team providing development and consulting services and promoting blockchain projects for more than seven years. It has provided consulting services for partners of 75 blockchain projects in 14 countries. Open / Comment

2022-08-10 22:31:10 Spam transactions on TON

Unlike many other blockchains, TON is capable of performing thousands of transactions per second with meager fees. Despite this considerable advantage, it leads to a severe problem within the blockchain – spam attacks.

More likely, you've already seen these incoming transactions to your wallet saying: "Congratulations! Your wallet can become a validator. Send 50 or more TONs to…". Obviously, it's a scam, and under any circumstance, don't transfer your funds to such crypto scammers. Unfortunately, TON is an open network, and we cannot "turn off" the spam messages, so the only way not to get into trouble is to ignore them.

Luckily, some wallet apps, e.g., Tonhub, enrolled a new feature protecting crypto beginners against spam attacks. The app will hide all the comments in the transaction feed if the number of sent cryptocurrencies is under 0.1 TON.

Be cautious and do not land on the hands of scammers! Open / Comment

2022-06-29 19:31:04 Creating your own tokens based on TON

Independent specialists from the community of TON developers have launched the Jetton Deployer service, which allows users to create altcoins on The Open Network with one click through a convenient interface.

With this new service, anyone can create new tokens without technical knowledge.

Steps:

1. Go to the Jetton Deployer site and connect your TON-based crypto wallet.
2. Give your token attributes: a name, a ticker symbol, its total supply, and a logo.
3. Click the “Deploy” button and pay the commission fee of 0.25 Toncoin.

To see your tokens, however, you’ll have to connect your wallet on the Scaleton.io site to import your created tokens, after which your tokens will be visible on your balance, and you’ll be able to send them to other users.

Jetton Deployer also enables users to manage their created tokens. You can find a guide here.

We’d like to note that the code is open-source. Open / Comment

2022-06-29 11:18:13 ​Jettons on TON

It’s not for the first time when we mention the word „jettons“ on our channel. Today we’d like to talk about what this technology is and what usecases it has.

More than two months ago, the TON developers reported the finalization of the token standard, which is called TON Jetton. In simple words, tokens are a cryptocurrency that can be built on any blockchain by every person or a company. For example, the famous USDT, USDC, and SHIBA are tokens on the Ethereum blockchain.

Jettons have a large number of different usecases. One of them is creating the ecosystem around some product. Another one is encouraging users by their contribution to the project. We should note that many tokens might be a good investment as their price can rise (for example, due to listing on the exchange).

Tokens on TON have already appeared for the common-use. Tonhub, a popular TON Wallet, started supporting some tokens like $SCALE, $BOLT, $WTON, $TGR and others. Recently some third party developers launched the first Jetton Deployer – a convenient tool to deploy tokens.

We strongly believe that coming DEXs will significantly promote jetton’s technology on TON, making it as popular as NFTs now. Open / Comment

2022-06-28 10:20:00 ​Toncoin mining has ended.

A significant event occurred on The Open Network today: Miners mined the last Toncoin from the PoW Giver smart contracts, marking the end of the initial token distribution phase.

TON mining was the most critical step in the network’s development.

TON mining’s birthday is considered to be July 6, 2020. On that day, the Telegram team published a guide on the project’s site, and all the available tokens (98.55% of the total supply) were sent to special smart contracts, from which anyone could mine Toncoin over the past two years.

The Open Network project didn’t have an ICO, IEO, or other forms of initial token sales after issuance. Instead, Toncoin was available through mining, which helped disseminate the cryptocurrency to hundreds of thousands of users.

Now that the Toncoin mining era has ended, the only way to earn new coins is by staking TON, which is poised to become a prominent industry.

The amount of new Toncoin entering circulation will decrease by 200,000–250,000 coins per day, a 75% decrease.

The TON Foundation has published an article that describes in detail the history of TON mining, its vital role in the network’s decentralization, and the future development of the blockchain.

You can read the article here:
https://telegra.ph/Toncoin-mining-has-successfully-ended-06-17 Open / Comment

2022-06-27 12:08:46 ​Jettons in Tonkeeper.

The Tonkeeper crypto wallet has developed the means to support Jettons and now has the capacity to display the balances of custom tokens.

Interacting with Jettons is just as easy as with Toncoin. Tonkeeper users can view transaction histories and receive and send the tokens to any address in just a few clicks.

Users don’t have to import wrapped versions of these tokens manually, like MetaMask. Any Jetton sent to a Tonkeeper wallet address is automatically displayed in the wallet.

It’s important to note that all transactions on The Open Network are paid in Toncoin; therefore, there should always be a small amount of Toncoin to complete transactions.

We published a lengthy article covering Jettons a while ago (we recommend you read it), but today, we’ll reiterate the gist: Jettons are all the other cryptocurrencies on TON — but Toncoin is not a Jetton.

The TON ecosystem is about to see the launch of more Jettons, but most of them come from NFT game creators and TON-based services.

In the future, a lot of these tokens will gain value and trade on crypto exchanges with the likes of Toncoin and other giant cryptocurrencies. We’re excited that the network is getting fully functional instruments to interact with altcoins.

We’d also like to note that Jetton support is also available in other crypto wallets, such as Tonhub and Scaleton.

You can download the updated Tonkeeper app here:
https://tonkeeper.com/download/?release=2.4 Open / Comment

2022-06-26 18:46:33 ​TON Community Weekly Digest

Here’s a roundup of the ecosystem’s most exciting news from the past seven days.

Network stats update:

The number of new wallets created on TON from June 19 to 25 grew from 790,550 to 870,377 (+10%).

News:

Registration opened for the first-ever Hack-a-TON for JavaScript developers, with a total prize fund of 40,000 Toncoin.

Coin98 Wallet, the largest non-custodial crypto wallet provider in Southeastern Asia, added support for The Open Network.

The Tegro TON team launched the TON Hold Wallet, a new non-custodial wallet based on The Open Network blockchain.

The grant program between the Getgems and TON Diamonds teams published its initial results.

The TON Community Manager Contest continues, and the winners of the first stage have already received their prizes.

We wrote a post reminding readers about the TON Bug Bounty program, whereby anyone discovering a vulnerability in the TON blockchain’s code could qualify for a reward of up to $100,000.

TON’s official website, ton.org, added the new TON Events section where upcoming events will be placed and organizers can post information about their events.

Amid the outages at Cloudflare, a website protection company, the TON Foundation published an article explaining how the TON blockchain can replace incumbent cloud solutions and become a decentralized metacloud.

Stay up-to-date with the latest developments brewing in the TON ecosystem by turning on the notifications to this channel. You won’t want to miss a thing! Open / Comment