Tonquine is approaching an important area and this is the right time to learn about this layer -1 blockchain, which is in detail for investors interested in this token.
In this article, we will learn what is tonquine (tones), how it works, what is used for tonquine, tonquine price history and any important information about tonquine cryptocurrency.
What is tonquine?
Open network, a decentralized blockchain network that was first created by Telegram, Tanquine Cryptocurrency as its original cryptocurrency. To handle millions of transactions per second, the ton is made quick, safe and scalable. Network uses tonquine for stacking and transaction fees and as basic funds for several tons of applications.
Tonquine (ton) transactions provide strength to the open network ecosystem by using transactions, network stacking and network governance participation. It supports a wide variety of decentralized services and applications (DApps) within the network, which includes non -tafal tokens (NFTs), decentralized finance (Defi), and more. Ton is trying to establish itself as a viable participant in the changing blockchane market with a strong community and a comprehensive plan.
How does tanquine work?
Toncoin was designed to offer a quick, safe and reliable decentralized payment system and enabling the Telegram in-app transactions. Although payment was the root cause of developing tons of blockchain and ton cryptocurrency, it has now developed in a complete ecosystem that supports anonymous domain name system, DAPP and decentralized storage.
Since a proof-of-statue (POS) unanimous process near Toncoin, the verifications of the network have been chosen according to how many tons of tokens. By processing the transaction and adding them to the blockchain, these verification maintains the dependence and safety of the network. Tonquine can be stake by users to fund the network and get encouragement.
The ton operates a virtual computer that controls the network status and allows communication between network contract accounts and other apps. The network allows decentralized finance projects to implement its solutions. According to official sources, the network had over 700,000 active accounts on the network, with more than 3 million accounts created, increased by 143% from a year ago. The fact that ton is associated with telegram may have contributed to its remarkable use.
For whom is it used for tonquine?
Tonquine performs a variety of functions within the ecosystem of the open network. Some of the key features that users may benefit: they are:
- Without the use of middlemen, tons of peer-to-pier (P2P) transactions enable rapid and safe payments between users.
- By casting their votes on the proposals that affect the stage development and future curriculum, holders of ton tokens can participate in the rule of the open network.
- Participating in various tons of ecosystem activities, such as contributing to projects, making materials, or providing services, developers and user can earn tanquins.
- Open network tons give powers to the functioning of DAPP developed on tons of blockchain, often using its original cryptocurrency, tones, as a utility token, depending on the smart contracts for their fundamentality.
- Users pay a transaction fee for transactions on ton series. This cost is designed to compensate the verifications for their efforts to validate the transaction.
- By stopping your ton tokens, user can participate in network security. The stakeholders get ton tons from the project in exchange for their contribution.
Ton price analysis
Ton tokens saw their all -time low at $ 0.5194 in 2021 3 years ago, after which it survived the 2022 bear market in Crypto and hit all high levels of $ 8.25 on 15 June 2024.
As you can see on the chart, the ton chart tried to retrieve all the high $ 8.25 of all its time, but failed to do so, and briefly after testing a level of $ 7.2 it is about 150% after testing a level of $ 7.2. Crazed till
At the time of writing, the ton coin is trading $ 148.22 million with a market cap of $ 9.55 billion at $ 3.833 and a 24 -hour volume.
According to the current scenario and value action, the ton is slightly slow, however, it is currently accumulating just above a major demand area. The price may or may not be filled with a daily time frame and may continue to grow near the level of $ 5 where the first resistance exists and the price may push back from the level.
It should be noted that any value prediction on tones and any other cryptocurrency is highly speculative and it is advisable to do your research before investing in any token.
Who made Tonquine?
Telegram chat app was built by Brothers Powell and Nikolai Durov, who also created the original Telegram Open Network (Ton).
However, Telegram left its blockchain project in 2020 due to regulatory issues. A team of independent developers who are not associated with Telegram then continued and continued the open-source tonne project. Without the Durov brothers or the telegram firm, without directly involvement, this community-driven attempt produced tonquine, an extension and development of the original ton.
How many tunnels are there?
At the time of writing, the supply of tons tokens Max is not defined which means that the team can offer as many tokens as you want in future. Currently available total supply is set on 5.12 billion tonnes tokens, and circulating supply, which means tradable on exchanges, is set on 2.49 billion tokens.
Is Tonquine safe?
Yes, tonquine is considered safe as the project claims to verify every transaction and use proof-of-stats (POS) unanimous mechanisms to be rewarded in turn. This process maintains the safety of the platform, while also aligning the community to serve the same goals, and also reduce the central points of failure, which are largely in most centralized technical projects.
Is tanquin legal/legal?
Yes, ton coin is legal to buy in any country where cryptocurrency is legal to buy, sell or trade. However, you should do research about your country’s residence before making a purchase decision to avoid any legal result, if there are stringent laws about keeping any cryptocurrency in your country.
What makes Tonquine unique?
The legacy of the Telegram as a social message platform combines the uniqueness of the ton. In addition, the blockchain has survived a lot of fuds and is still working successfully. In addition, the ton network operates as a layer -1 blockchain and claims to be built for speed and scalability, which is capable of handling millions of transactions per second without compromising safety, which of this blockchane network There is also a unique feature.
