Telegram ICO (TON) (GRAM) ICO Details & Financial Information

Because taking cryptocurrencies mainstream in 2018 would not be possible using the existing blockchain platforms, Telegram co-founder Dr. Nikolai Durov set out to find a novel solution to meet the speed and scalability required for mass adoption. His research resulted in the design for the Telegram Open Network — a fast and secure blockchain and network project.

TON Blockchain: At the core of the platform is the TON Blockchain — a scalable and flexible blockchain architecture5that consists of a master chain and up to 292 accompanying blockchains. The TON Blockchain will process millions of transactions per second using Infinite Sharding Paradigm to achieve scalability, TON has built-in support for sharding: TON blockchains can automatically split and merge to accommodate changes in load. This means that new blocks are always generated quickly and the absence of long queues helps keep transaction costs low, even if some of the services using the platform become massively popular.