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3 posts tagged with "TON"

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· One min read
Julie

When transferring funds to an exchange on The Open Network (TON), be sure to enter the required Comment, Tag, or Memo in the Comment field—it's a publicly visible identifier that helps exchanges process your transactions correctly.

In contrast, Transaction notes are private and for your internal use only. Refer to our guide on TON wallet for more information.

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· One min read
Julie

Our latest update adds support for the TON network – start sending and receiving Toncoins(TON) and Jettons right away!

For a full list of supported assets, visit our website.

Docusaurus Plushie

What is TON?

The The Open Network (TON) is a blockchain platform originally developed by the team behind the popular messaging app, Telegram. Designed to enable fast transactions and decentralized applications at scale, TON aims to facilitate everyday use of cryptocurrencies and blockchain technology. At its core, the TON network employs a unique consensus mechanism called Proof-of-Stake (PoS), which enhances security and efficiency while maintaining high throughput.

TON's architecture supports the creation and execution of smart contracts, allowing developers to build decentralized applications (dApps) that leverage the platform’s speed and scalability. A key feature of the TON ecosystem is its native cryptocurrency, Toncoin (TON), which serves as the primary means of transaction within the network. Additionally, TON supports Jettons, which are custom tokens built on the platform, further expanding its utility and flexibility for various digital assets and services. With MPCVault, you can easily manage and transact in both Toncoin and Jettons, offering a secure and efficient solution for all your TON network requirements.