Toncoin (TON) has roots in the ambitious Telegram Open Network (TON). Launched by Telegram in 2018 to revolutionize digital payments. However, in 2020, Telegram halted the project due to a legal dispute with the U.S. SEC, which argued that the original Gram token was an unregistered security.
Fortunately, independent developers revived the network under the name Toncoin, refining the blockchain’s scalability and speed. While Telegram no longer controls the project, it provides indirect support, integrating certain blockchain features into its messaging platform.
Toncoin offers exciting prospects for fast payments and smart contracts. Its low transaction fees and speed make it a promising tool for the digital era. Will TON become the backbone of global digital transactions?
