The Open Network (TON) is a fast, secure, and scalable blockchain platform designed to handle millions of transactions per second. Originally developed by Telegram, TON features a unique architecture including:
Infinite Sharding: Dynamic sharding mechanism that allows the network to automatically split and merge blockchains to adapt to load.
Proof-of-Stake: Secure and energy-efficient consensus mechanism.
TON Virtual Machine (TVM): Handles smart contract execution with support for multiple programming languages.
Jettons: TON’s implementation of fungible tokens (similar to ERC-20).