As more people are becoming interested in cryptocurrency as a new payment or investment method, it is important to spread the knowledge base needed to navigate the crypto world successfully. We'd like to give you a quick overview of the terms commonly used in relation to blockchain technologies.
π DeFi - Decentralized finance
A collective term for financial products and services built on top of open-source blockchain technology. DeFi is a better, more transparent, faster, and easier to use alternative to the traditional financial system. Exchanges in DeFi are peer-to-peer, meaning they operate without a middleman. This is possible due to smart contracts that work purely on blockchain.
π DApps - Decentralized applications
These are applications built and running on top of a blockchain technology. The variety of applications is unlimited and may include web browsers, games, investment tools, blogging platforms, etc.
How does TON fit into DeFi?
TON is a decentralized blockchain technology that can process millions of transactions every second which allows for instant payments. TON aims to make DeFi more understandable and easily accessible to more people and serves as a platform for building DApps.
π DeFi - Decentralized finance
A collective term for financial products and services built on top of open-source blockchain technology. DeFi is a better, more transparent, faster, and easier to use alternative to the traditional financial system. Exchanges in DeFi are peer-to-peer, meaning they operate without a middleman. This is possible due to smart contracts that work purely on blockchain.
π DApps - Decentralized applications
These are applications built and running on top of a blockchain technology. The variety of applications is unlimited and may include web browsers, games, investment tools, blogging platforms, etc.
How does TON fit into DeFi?
TON is a decentralized blockchain technology that can process millions of transactions every second which allows for instant payments. TON aims to make DeFi more understandable and easily accessible to more people and serves as a platform for building DApps.
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TonMoon
This bot will show you where to buy or sell Toncoin profitably.
π Track the cost on different exchanges (EXMO, OKEx, FTX, Gate.io, BitMart, CryptoBot and other).
π Get rate notifications.
Languages: π¬π§English, π·πΊRussian, πΊπ¦Ukrainian
Currencies: USD, EUR, RUB, UAH
https://ton.app/utilities/tonmoon
This bot will show you where to buy or sell Toncoin profitably.
π Track the cost on different exchanges (EXMO, OKEx, FTX, Gate.io, BitMart, CryptoBot and other).
π Get rate notifications.
Languages: π¬π§English, π·πΊRussian, πΊπ¦Ukrainian
Currencies: USD, EUR, RUB, UAH
https://ton.app/utilities/tonmoon
TON App
TonMoon - Tracking the cost of Toncoin in different excha...
The bot will show you where to buy or sell Toncoin profitably.
π Track the cost on different exchanges (EXMO, OKEx, FTX, Gate.io, BitMart, Crypto...
π Track the cost on different exchanges (EXMO, OKEx, FTX, Gate.io, BitMart, Crypto...
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Recently, many developers and entrepreneurs reached out with requests to add their apps and channels to https://ton.app. It's become more difficult to communicate directly via email, so we've created a Telegram bot to collect your app submissions. The bot will help us verify and add your apps much faster! It's a beta that is still being tested, so bug reports are appreciated!
Eagerly awaiting your apps on @TonAppBot
P.S. The attached picture is part of an upcoming NFT collection on TON π€βοΈ
Eagerly awaiting your apps on @TonAppBot
P.S. The attached picture is part of an upcoming NFT collection on TON π€βοΈ
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Some exciting news from the TonApp team!
We are working on a huge update for TonApp:
β A brand new design, there's a spoiler in the pic attached;
β A new special NFTs section (with distinct design and feature set);
β More info about apps, their safety, and decentralization;
β Languages, filter apps for specific languages
β New moderation policy! We are about to be open to any apps and services except objectively poorly built or scams.
β Open telegram channels with open information about all approves and rejections in moderation (to make the moderation process transparent)
β Verification and statuses for apps
Updates will be delivered one by one! Stay tuned!
We are working on a huge update for TonApp:
β A brand new design, there's a spoiler in the pic attached;
β A new special NFTs section (with distinct design and feature set);
β More info about apps, their safety, and decentralization;
β Languages, filter apps for specific languages
β New moderation policy! We are about to be open to any apps and services except objectively poorly built or scams.
β Open telegram channels with open information about all approves and rejections in moderation (to make the moderation process transparent)
β Verification and statuses for apps
Updates will be delivered one by one! Stay tuned!
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TON mining is over: all Toncoins are distributed.
Most of you might have already heard that PoW Givers dried out last night. This means that all coins are in TON communityβs hands. From now on, TON blockchain will be supported by a Proof-of-Stake consensus mechanism.
When Toncoin mining was still in its active stage, it was possible to participate in mining pools and earn cryptocurrency by lending a computerβs GPU to provide the power necessary for extracting coins. If you're interested to continue mining and earning Toncoin, consider the new initiative launched by TON Whales. TON Whales team set up an Infinity Mining Pool, where participants mine BTC and ETH, and get rewarded in TON for lending their GPU or ASIC computing powers.
Here's to a new era in the TON blockchain!
Read the full article on ton.app website: https://ton.app/endmining
Most of you might have already heard that PoW Givers dried out last night. This means that all coins are in TON communityβs hands. From now on, TON blockchain will be supported by a Proof-of-Stake consensus mechanism.
When Toncoin mining was still in its active stage, it was possible to participate in mining pools and earn cryptocurrency by lending a computerβs GPU to provide the power necessary for extracting coins. If you're interested to continue mining and earning Toncoin, consider the new initiative launched by TON Whales. TON Whales team set up an Infinity Mining Pool, where participants mine BTC and ETH, and get rewarded in TON for lending their GPU or ASIC computing powers.
Here's to a new era in the TON blockchain!
Read the full article on ton.app website: https://ton.app/endmining
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We interviewed Ellen Sheidlin, a world-famous digital artist, who is launching her first NFT collection βAnnihilationβ on the TON blockchain.
Ellen shared some interesting information about what her collection will be like, "It will consist of 1000 living stones divided into races of birds, animals, insects and plants." Annihilation will go on sale next week on the TON Diamonds marketplace.
Weβre glad to see The Open Network making strides not only among crypto enthusiasts, but also in the community of renowned digital artists.
The full interview with Ellen is available on our website: https://ton.app/articles/sheidlina
Ellen shared some interesting information about what her collection will be like, "It will consist of 1000 living stones divided into races of birds, animals, insects and plants." Annihilation will go on sale next week on the TON Diamonds marketplace.
Weβre glad to see The Open Network making strides not only among crypto enthusiasts, but also in the community of renowned digital artists.
The full interview with Ellen is available on our website: https://ton.app/articles/sheidlina
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