Alchemy Pay to Introduce Crypto Payment Solutions on Telegram’s TON Network
This partnership aligns with Alchemy Pay’s broader goal of bridging traditional finance and the crypto world, making transactions more fluid and less cumbersome.
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This partnership aligns with Alchemy Pay’s broader goal of bridging traditional finance and the crypto world, making transactions more fluid and less cumbersome.
Users now will be able to engage with the CATI token before it is officially listed in the spot market.
Prolific Game Studio, a web3 gaming company has announced the launch of $PRO Coin, the native token for its expanding Web3 gaming ecosystem.
At 7:19 PM UTC, TON experienced a second outage when block production halted due to a spike in transactions linked to the DOGS meme coin.
To resolve the problem, the TON Foundation initiated a coordinated effort to restore normalcy. Validators were instructed to restart their systems at 4:00 am UTC on August 28, in order to reestablish consensus.
Toncoin (TON) is a decentralized layer-1 blockchain developed in 2018 by the encrypted messaging platform Telegram. The project was then abandoned, taken over by the TON Foundation, and renamed from “Telegram Open Network” to “The Open Network”.
Since 2020, the technology has been developing thanks to a non-commercial group of supporters and an independent community of enthusiasts who called themselves the TON Foundation. Toncoin, formerly known as Gram, is the native cryptocurrency of the TON network.
The original idea was to integrate TON into an easy-to-use application that allows users to buy/send/store funds. Clients pay transaction fees and use TON to settle payments or validate transactions. Toncoin utilizes the proof-of-stake (PoS) consensus model for network scalability and reliability. According to the project website, the platform provides its customers with fast, transparent and secure payment services, facilitating transactions with minimal fees and third-party applications.
The developers’ mission is to build a full-fledged ecosystem with decentralized storage, decentralized services, a domain name system (DNS equivalent), an anonymous network, an instant payment platform, and affordable/fast transaction processing.
The Open Network is a community-driven blockchain with a flexible architecture and focus on serving a typical consumer. TON stands out due to the fast processing/validation of transactions per second (TPS). In September 2021, the network processed a then-world record of 55,000 TPS during a contest, although the current TPS could be in the hundreds of thousands or even millions. This feature allows the project to grow rapidly while avoiding performance losses. At the same time, the project does not harm the environment.
In this guide, we will delve into everything associated with zero-knowledge proofs, from their history to their multiple use cases. We will explain the pros and cons of this innovative cryptographic method and its growing relevance in the cryptocurrency industry.
Decentralized autonomous organizations (DAO) appear to be an emerging trend that many enthusiasts seem unfamiliar with. Here is a guide to fully explain what a DAO is and other factors concerning it.