The Telegram Open Network (TON) is a blockchain platform designed for scalable cross-chain interoperability.
It is a decentralized Layer 1 smart contract network built for routine and specialized financial applications, supporting the creation of fungible and non-fungible tokens. TON uses a Proof of Stake (PoS) consensus algorithm, which aims to deliver a scalable network for financial activities and a medium for diverse users to interact over an immutable financial infrastructure. The blockchain consists of a main blockchain and 292 additional networks, allowing for the execution of smart contracts and the creation of overlay networks.
It is designed to be user-friendly, with fast and secure transactions, and is protected by a built-in proxy and anonymizer
