1H
-0.02%$0.0000
24H
4.99%$0.0005
7D
9.66%$0.0009
30D
-14.8%$0.0017
Telegram’s TON network is a PoS-based system with a new “Byzantine Proof” staking algorithm. It was developed by Nikolai and Pavel Durov, the brothers behind Telegram and (formerly) VK.com.
When preparing an update on a blockchain, first the development team needs to understand the task and requirements at hand. There are lots of available solutions out there nowadays in hashing algorithms and consensus mechanisms.