🛡️ 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 »

💎 The Locker bug bounty event

Task: Find vulnerabilities in the Locker smart 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

Validators please vote for or against the proposal to burn 50% network fees.

Proposal info »

Public poll results »

How to vote »

Validators voted to activate 50% network fees burning

By this time, the first 1000 TON have been burned 🔥

Token bridge fee

Starting June 26, 12:00 UTC, in the token bridge, the commission for transferring tokens from the TON network to the Ethereum network will be 1 TON plus 0.1% of the transfer amount.

The commission for transferring tokens from the Ethereum network to the TON network will remain unchanged - exactly 1 TON.

Intermediate results of Rainbow Cross-Chain development for The Open Network

Roman Nguyen shared at the BUIDL Vietnam 2023 our significant results in the development of a unique cross-chain solution that works absolutely without intermediaries and private keys, and checks all data on smart contracts.

https://blog.ton.org/intermediate-results-of-rainbow-cross-chain-development-for-the-open-network

Developer Tools

You should definitely try the latest TON developer tools if you haven't already.

We recommend to use the ton.js library, the Blueprint environment, and the IntelliJ IDEA plugin for the development, testing, and deployment of FunC smart contracts.

For dApps there is TON Connect and a number of APIs: tonapi.io, toncenter.com, TON Access, dTON GraphQL.

These tools make TON developing convenient and enjoyable.

For payment services, the time-tested tonweb (which we plan to refresh and make a "library for paranoids" as much as possible getting rid of third-party dependencies), locally runned ton-http-api and ready-made code examples are well suited.

To run your own TON node, please use mytonctrl or GetBlock.

Liquid staking

Liquid staking is the newest solution that allows you to earn staking rewards and use your assets in DeFi at the same time. Liquid staking is more convenient and accessible for users compared to previous staking options, it also allows you to vote for network updates without having a lot of Toncoins.

Smart contracts for liquid staking developed, and you can participate in testing them by the test application. After the testing phase, the source code of the smart contracts will be published under an free open-source license.

You can find more details in the documentation.

The Tonstakers team has already announced the creation of a custom service based on these contracts.

Alternative available - in partnership with DWF Labs, Bemo successfully launched its own liquid staking protocol.

Q2 2023 Results

Actively adopting DeFi, optimizing tokenomics, and steadily following the roadmap:
https://blog.ton.org/ton-q2-2023-results

The Locker bug bounty event: Results

The Locker smart contract remained unbroken.

🎖 thekiba receives a bonus prize of 100 TON for a minor remark.

More events on @toncontests and bug bounty program.

​Introducing Wallet Pay: A Revolutionary Technology for Shopping With Cryptocurrency.

The @wallet team is launching Wallet Pay, a groundbreaking payment system that allows users to purchase goods and services on Telegram using cryptocurrencies.

This unique tool seamlessly integrates with any Telegram bot or service, enabling users to easily make payments in Toncoin, USDT, or Bitcoin directly via the Telegram messenger interface.

Wallet Pay is both simple and easy to use. It eliminates the need for novice crypto users to navigate complex and unintuitive crypto payment services, streamlining the entire process to just a few clicks within the merchant bot or Telegram Web App.

Moreover, @wallet users can conveniently and instantly top up their cryptocurrency accounts with a debit or credit card during the payment process, greatly simplifying the use of digital assets.

Wallet Pay is an extraordinary tool for Telegram, empowering its over 700 million users to embrace blockchain technology and integrate crypto into their daily lives, ultimately bringing us closer to the mass adoption of digital currency.

You can try Wallet Pay via the test bot or apply as a merchant using the website.

Liquid staking

Following public alpha-test of liquid staking protocol in July, we are ready to publish protocol source-code and announce public beta-test.

Since July, code has passed a few external code reviews by best TON hackers, however a few more code reviews are undergoing. Use protocol code at own risk.

Liquid staking protocol is aimed to be development of Nominators concept from original whitepaper: further democratize participation in network operation by connecting TON holders and node operators. Simultaneously Liquid Staking Pool jettons can work as basic block for higher level DeFi protocols.

Protocol utilizes ideas of jetton-based DAO to give voting power to nominators as well as specific TON feature exotic library cells for forward fees optimization.

Last but not least point is that great power is great responsibility. Staking secures TON blockchain, where stake is guarantee of correct behavior. By sharing profits with specific pool you also shares responsibility for TON future and stake assets risks. Participate only in the pools you trust.

Believers.ton — A community-driven effort to bring more transparent and predictable Toncoin tokenomics

As you know, the community is continuously working on systematic actions to amplify the TON tokenomics, which started with decentralized distribution through mining.

So far, the community reached multiple important milestones:

— Created a fund and reserve of more than 550M TON
— Nominators were established, bringing the number of validators to over 300 and the total stake employed in validation to over 450M TON
— Implemented a community proposal to optimize tokenomics, affecting 1.081B TON
— Launched a mechanism to burn a portion of the network fees

A new Believers.ton initiative has recently emerged in the community, allowing users to lock their Toncoins into the Believers.ton smart contract for five years, while other users can donate Toncoins, rewarding those who have locked their coins. The more coins are locked in the smart contract, the more transparent and predictable tokenomics become, which is vital for developing the network and attracting new participants.

We have audited and tested this smart contract at the community's request. The smart contract is fully autonomous and guarantees the described functionality.

This effort is an excellent example of how the TON community can organize itself. An excellent community-driven effort, where individual community members encourage and reward each other for contributing towards the greater good. This initiative has a significant potential to positively impact the future of TON, especially if large holders participate.

As proof of our deep interest in this effort and based on the results of the last community survey, the TON Foundation will support it by sending 1 million TON from the TON reserve to reward depositors.

Please consider participating in Believers.ton as a patron or depositor.

Instruction »

TON Foundation is now a Swiss non-profit! 🇨🇭

TON is presenting with Telegram at TOKEN2049.

Get ready for something the industry has never seen before as they present "Converting Telegram to Web3 with Toncoin".

🗓️ Save the date: Wed, Sep 13, 3:00 PM - 3:15 PM GMT +8, KuCoin Stage, Singapore.

We're very proud to be the Platinum Partner at TOKEN2049.

Recording of the epoch-making performance of Telegram and TON at TOKEN2049 is here!

Key highlights:

— Telegram starts working with TON Foundation to integrate and promote TON-based Web3 ecosystem.

— Last year, Telegram enabled users to buy and sell Telegram usernames and IDs on Fragment – a TON-based auction platform. It was a phenomenal success. Telegram sold $120M worth of digital assets in auctions, while early buyers of some Telegram-related digital assets – such as Telegram anonymous numbers – have seen a 27x (!) increase in value after only 9 months.

— Telegram now has 800 million active users from all over the world. By 2028, the number is expected to reach 1.5 billion. TON Foundation aims to onboard 30% of active Telegram users to TON in the next 3-5 years. That's 30 times the entire current active crypto audience in the world.

— Wallet has appeared in Telegram Menu for its current users.

— In November, Wallet will appear in Menu and Attachment Menu for ALL non-US Telegram users.

— You can already try TON Space, a non-custodial wallet inside Telegram.

— Exclusive for TON-based projects: priority access to Telegram Ads for Web3.

For more information, watch a recording of the perfomance or read the post on Pavel Durov's personal blog.

TON-based Telegram Mini Apps — The Next Major Web3 Trend

The combination of TON and the Telegram Mini Apps platform allows any developer to create various valuable and user-friendly Web3 services for hundreds of millions of Telegram users.

This is becoming a global trend as popular tracking services CoinGecko and CoinMarketCap have already deployed trackers for crypto apps in Telegram. In addition, the tApps.center catalog has been launched that lists over 75 Telegram-based Mini Apps.

TON-based Mini Apps running on Telegram enjoy native Telegram integration and priority access to Telegram Ads, making it easier to approach the masses and onboard new users. Additionally, developers can buy Fragments — short usernames for their apps on the TON Blockchain to even further boost their awareness and provide ease of access.

On top of that, there are multiple incentives and benefits for developers. In July, the TON Foundation held the TON-based Telegram Apps contest with a prize pool of $60,000. There is another Mini Apps contest with a prize pool of $50,000 from the Telegram team running now.

Here, fresh ideas and new solutions are born in a creative environment of collaboration and innovation. The TON Community, in an initiative with the TON Foundation and Telegram, is rapidly building a new decentralized future, and developers are welcome to join.

Trending Mini Apps »

Documentation for developers »

Strategic partnership with Tencent Cloud and Chainbase

Tencent Cloud and TON Foundation are devoted to supporting web applications and bots built within Telegram. For example, Telegram games built on TON can benefit from Tencent Cloud’s enriched gaming solution and reference cases. For all projects built on TON, Tencent Cloud will offer, subject to approval, a dedicated amount of cloud credits and product discounts, made available through the Tencent Cloud Startup Program.

https://apnews.com/press-release/news-direct-corporation/philanthropy-3e3ea003105079811955b7f8162325da