TON scalable DeFi standards are here!
For the last three months, we've been working to locate a proper solution for creating asynchronous scalable DeFi in TON.
The discussion was open and available on GitHub, all comments were considered and many of them influenced the final standard.
Today, we are happy to present ready-made standards and examples of smart contract implementation for Fungible, Semi-Fungible, and Non-Fungible tokens as well as applied contracts for NFT-marketplaces and ICOs.
TON tokens built on a new architecture: they are fast, cheap, provide new features, and ultra-scalable.
Read the article about the design and the benefits of TON DeFi »
NFT: Standard, Implementation, JS SDK »
Jettons (Fungible): Standard, Implementation, JS SDK »
Semi-fungible is combination of NFT and FT.
For the last three months, we've been working to locate a proper solution for creating asynchronous scalable DeFi in TON.
The discussion was open and available on GitHub, all comments were considered and many of them influenced the final standard.
Today, we are happy to present ready-made standards and examples of smart contract implementation for Fungible, Semi-Fungible, and Non-Fungible tokens as well as applied contracts for NFT-marketplaces and ICOs.
TON tokens built on a new architecture: they are fast, cheap, provide new features, and ultra-scalable.
Read the article about the design and the benefits of TON DeFi »
NFT: Standard, Implementation, JS SDK »
Jettons (Fungible): Standard, Implementation, JS SDK »
Semi-fungible is combination of NFT and FT.
Telegraph
Scalable DeFi in TON
In 2015, the Ethereum blockchain saw the arrival of a new standard called ERC-20, allowing anyone to create their own tokens (cryptocurrencies) in the network. A few years later, in 2018, the ERC-721 standard was introduced for NFTs, which prove ownership…
We welcome hundreds of NFT projects created by various teams in TON.
You can check them out on new 3rd party marketplaces like getgems.io or disintar.io.
And NFTs are already supported by some blockchain explorers as well.
Moreover, 3rd party launchpads like rocketon.org have started emerging.
Now, when token standards have received release status, we invite all developers to implement and launch their projects on the mainnet.
In the coming days, deployment instructions and guidelines will be published for NFT authors.
More interesting things are coming further 😏
You can check them out on new 3rd party marketplaces like getgems.io or disintar.io.
And NFTs are already supported by some blockchain explorers as well.
Moreover, 3rd party launchpads like rocketon.org have started emerging.
Now, when token standards have received release status, we invite all developers to implement and launch their projects on the mainnet.
In the coming days, deployment instructions and guidelines will be published for NFT authors.
More interesting things are coming further 😏
The first NFT project for TON - ton.diamonds - has published instructions for deploying NFT collections, as well as a ready-made open source noscript and a web page for deployment.
You can use these tools to deploy your NFT collections on the mainnet.
Also, in the near future, the UI for deploying NFT collections will become available on TON-based NFT marketplaces.
Instruction & tools »
You can use these tools to deploy your NFT collections on the mainnet.
Also, in the near future, the UI for deploying NFT collections will become available on TON-based NFT marketplaces.
Instruction & tools »
📊 Some Q1 numbers
Over the past three months, the number of accounts created in The Open Network more than doubled from 170,270 on Jan. 1 to 382,148 on March 31.
The total number of subscribers across all TON social media pages and accounts surpassed 1.7 million subscribers — this number was merely 800,000 followers at the beginning of the year. Our community from over 10 countries read material in 12 languages.
Also, the growing interest is evidenced by the fact that the number of people following Toncoin at CoinMarketCap grew 6 times since the beginning of the year from around 35,000 to over 214,000 followers.
Over the past three months, the number of accounts created in The Open Network more than doubled from 170,270 on Jan. 1 to 382,148 on March 31.
The total number of subscribers across all TON social media pages and accounts surpassed 1.7 million subscribers — this number was merely 800,000 followers at the beginning of the year. Our community from over 10 countries read material in 12 languages.
Also, the growing interest is evidenced by the fact that the number of people following Toncoin at CoinMarketCap grew 6 times since the beginning of the year from around 35,000 to over 214,000 followers.
Over the last few months, we’ve received suggestions from prospective partners and TON miners to create a larger reserve of Toncoin to secure resources for chasing new and exciting top-tier partnerships and integrations.
We understand that further development of the TON ecosystem will require significant funding, and it’s great to see that large holders are ready to back it up.
Considering the above, we are announcing a formation of a new Toncoin reserve that will be focused on supporting new product integrations, community growth campaigns, and partnerships with the world’s best companies in the blockchain sphere and beyond.
Due to the increasing demand for security and to represent the specialized nature of that new reserve, we’ve created an address with a multi-sig wallet smart contract:
It’s empty now, but we expect that community members who have offered their assistance will participate in forming that reserve and help the TON ecosystem grow and prosper.
We invite all TON enthusiasts and large holders to make donations to the new reserve and support the further growth of the ecosystem.
We understand that further development of the TON ecosystem will require significant funding, and it’s great to see that large holders are ready to back it up.
Considering the above, we are announcing a formation of a new Toncoin reserve that will be focused on supporting new product integrations, community growth campaigns, and partnerships with the world’s best companies in the blockchain sphere and beyond.
Due to the increasing demand for security and to represent the specialized nature of that new reserve, we’ve created an address with a multi-sig wallet smart contract:
EQAhE3sLxHZpsyZ_HecMuwzvXHKLjYx4kEUehhOy2JmCcHCTIt’s empty now, but we expect that community members who have offered their assistance will participate in forming that reserve and help the TON ecosystem grow and prosper.
We invite all TON enthusiasts and large holders to make donations to the new reserve and support the further growth of the ecosystem.
Brilliant week for TON
The governments of Cameroon, the Democratic Republic of Congo (DRC) and the Republic of Congo (Congo-Brazzaville) have all announced intentions to adopt cryptocurrency and blockchain-based solutions to drive economic progress. The three countries recently published separate press releases in which they outlined their initial thoughts on cryptocurrency and how they plan to integrate it into their respective economies. The countries mentioned that they are in discussions with The Open Network (TON) to help lunch their first crypto initiatives.
Press releases:
Republic of Cameroon - Ministry of Posts and Telecommunications.
Democratic Republic of Congo - Ministry of Digital.
Republic of Congo - Ministry of Posts and Telecommunications.
The governments of Cameroon, the Democratic Republic of Congo (DRC) and the Republic of Congo (Congo-Brazzaville) have all announced intentions to adopt cryptocurrency and blockchain-based solutions to drive economic progress. The three countries recently published separate press releases in which they outlined their initial thoughts on cryptocurrency and how they plan to integrate it into their respective economies. The countries mentioned that they are in discussions with The Open Network (TON) to help lunch their first crypto initiatives.
Press releases:
Republic of Cameroon - Ministry of Posts and Telecommunications.
Democratic Republic of Congo - Ministry of Digital.
Republic of Congo - Ministry of Posts and Telecommunications.
Huobi Incubator, Kucoin Ventures, MEXC Pioneer Fund, Others Lead $250M Toncoin Ecosystem Fund
toncoin.fund »
toncoin.fund »
Technical comparison of TON with some other networks
As of 2022, TON Blockchain remains one of the few truly scalable blockchain projects. As such, it still is the most advanced blockchain project, capable of performing millions and, if becomes necessary in the future, tens of millions of true Turing-complete smart contract transactions per second, requiring only minor internal changes. TON still remaining at the cutting edge of general-purpose blockchain technology.
https://ton.org/comparison_of_blockchains.pdf
As of 2022, TON Blockchain remains one of the few truly scalable blockchain projects. As such, it still is the most advanced blockchain project, capable of performing millions and, if becomes necessary in the future, tens of millions of true Turing-complete smart contract transactions per second, requiring only minor internal changes. TON still remaining at the cutting edge of general-purpose blockchain technology.
https://ton.org/comparison_of_blockchains.pdf
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@wallet bot now uses the full power of the new bot API and can be added to the attachment menu.
We welcome independent developers who are working on the implementation of the TON ADNL transport protocol in different programming languages, in addition to the original C++ implementation:
TypeScript - adnl-js
Rust - adnl-rs
Golang - tonutils-go
Kotlin - ton-kotlin/ton-adnl
We recommend to keep eye on them and join the development if you are interested.
The ADNL protocol and the built-in support for Merkle Proofs in TON - these technological solutions bring us closer to a full-fledged decentralized Internet. We will talk about this in more detail in the future articles.
TypeScript - adnl-js
Rust - adnl-rs
Golang - tonutils-go
Kotlin - ton-kotlin/ton-adnl
We recommend to keep eye on them and join the development if you are interested.
The ADNL protocol and the built-in support for Merkle Proofs in TON - these technological solutions bring us closer to a full-fledged decentralized Internet. We will talk about this in more detail in the future articles.
Forwarded from TON Status
We remind you that the recommended RAM size for the validator is 64 GB, the minimum is 32 GB.
If you are validating on hardware with less then 32 GB RAM - immediately stop sending new election requests (type command
This is a mandatory requirement for network stability.
If you are validating on hardware with less then 32 GB RAM - immediately stop sending new election requests (type command
set stake 0 in mytonctrl), you should not participate in subsequent elections until you improve the hardware.This is a mandatory requirement for network stability.
The token data standard TIP-64 has been expanded, it is suitable not only for NFT but also for Jettons.
Please use the recommended token metadata fields.
Please use the recommended token metadata fields.
Please note that the development of TON is fully migrated to the original https://github.com/ton-blockchain.
Use sources and submit PR's to this repository.
Use sources and submit PR's to this repository.
FunC programming language update
Useful update of the FunC programming language for writing smart contracts for TON.
List of new features »
Useful update of the FunC programming language for writing smart contracts for TON.
List of new features »
TON Core Update 2022.05
Node
— Improved persistent state serialization - optimized memory usage; nodes start the serialization process now not at the same time.
— Improved peer-to-peer network stability and DDoS resistance.
— Improved lite-server DoS resistance for running get-methods.
— Initial node synchronization improved - nodes with low network speed and/or bad connectivity will synchronize faster and consistently.
— Fixed some theoretical edge cases in TVM arithmetic operations related to big numbers (2**63+).
— RocksDB updated to a newer version.
TonLib
— Support smart contract libraries.
— Get-methods completely fill
— Get-methods support
— Improved messages listing for transactions.
— Added extended block header params.
— Added
Misc
— Fixed rarely manifested bugs in
— Lite-client supports base64 remote public key as CLI argument.
Thanks to all the contributors who participated in this update!
Node
— Improved persistent state serialization - optimized memory usage; nodes start the serialization process now not at the same time.
— Improved peer-to-peer network stability and DDoS resistance.
— Improved lite-server DoS resistance for running get-methods.
— Initial node synchronization improved - nodes with low network speed and/or bad connectivity will synchronize faster and consistently.
— Fixed some theoretical edge cases in TVM arithmetic operations related to big numbers (2**63+).
— RocksDB updated to a newer version.
TonLib
— Support smart contract libraries.
— Get-methods completely fill
c7 register.— Get-methods support
Slice arguments.— Improved messages listing for transactions.
— Added extended block header params.
— Added
getConfig method.Misc
— Fixed rarely manifested bugs in
Asm.fif.— Lite-client supports base64 remote public key as CLI argument.
Thanks to all the contributors who participated in this update!
Forwarded from TON Status
Mainnet validators please update your software to new version:
— in mytonctrl run
— if you don't use mytonctrl please manually rebuild code from master branch of https://github.com/ton-blockchain/ton.
Update your validators one by one, don't update all at the same time.
— in mytonctrl run
update then upgrade https://github.com/ton-blockchain/ton.— if you don't use mytonctrl please manually rebuild code from master branch of https://github.com/ton-blockchain/ton.
Update your validators one by one, don't update all at the same time.
New testnet
Developers usually test their products on a testnet (a separate network where coins have no value) before launching them on the mainnet.
This week TON testnet was completely relaunched on powerful hardware to increase its stability and responsiveness. Testnet API, explorers, wallets and other testnet infrastructure have been updated.
We launched the previous testnet exactly a year ago, when there were not so many developers. We are glad to see that now the number of TON developers has increased greatly, so that the previous testnet, launched on rather weak hardware, has ceased to cope with the load.
Developers usually test their products on a testnet (a separate network where coins have no value) before launching them on the mainnet.
This week TON testnet was completely relaunched on powerful hardware to increase its stability and responsiveness. Testnet API, explorers, wallets and other testnet infrastructure have been updated.
We launched the previous testnet exactly a year ago, when there were not so many developers. We are glad to see that now the number of TON developers has increased greatly, so that the previous testnet, launched on rather weak hardware, has ceased to cope with the load.
We remind you that you should follow the @tonstatus channel if you:
— TON network validator;
— developer of TON service;
— Toncoin is integrated into your product;
The @tonstatus channel posts important technical announcements and network updates.
— TON network validator;
— developer of TON service;
— Toncoin is integrated into your product;
The @tonstatus channel posts important technical announcements and network updates.
Nominator pools
In the Q1 of this year, the first TON staking pools (nominator pools) were launched by the TonWhales team on their own smart contract. At the moment, users have staked more than 7.5M Toncoins in these pools!
Today we present an alternative version of the pool smart contract. This smart contract is natively integrated into the mytonctrl tool used by validators.
This means that now any validator can easily run their own pools and users can stake Toncoins into these pools.
The tonvalidators.org catalog has been created where validators can publish their pools, and users can find the most suitable pool for a stake.
tonvalidators.org »
In the Q1 of this year, the first TON staking pools (nominator pools) were launched by the TonWhales team on their own smart contract. At the moment, users have staked more than 7.5M Toncoins in these pools!
Today we present an alternative version of the pool smart contract. This smart contract is natively integrated into the mytonctrl tool used by validators.
This means that now any validator can easily run their own pools and users can stake Toncoins into these pools.
The tonvalidators.org catalog has been created where validators can publish their pools, and users can find the most suitable pool for a stake.
tonvalidators.org »