The Open Network
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TON - The Open Network - Key network updates, network-wide proposals and votings - https://ton.org
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TON Connect

Public discussions on the TON Connect standard have been finalized.

Most TON wallets already supported TON Connect (2.0), we hope that other ecosystem wallets will start supporting this standard in the near future.

Nonetheless, developers may still hold public discussions about how to improve new versions of the TON Connect protocol.
Results of the TON Awards 2022

301,920 TON
($676,300) was distributed between 42 great open-source projects.

The Open Network is a community-driven project where everyone is involved in contributing to a more decentralized and freer world.

The TON Foundation team is proud to be working with such talented developers from all over the world and would like to invite new teams to join our collective venture.
Token Bridge

The unlimited bridge for token transfer between the Ethereum and TON blockchains has been launched.

At the moment, you can freely transfer USDT, UDSC, DAI and WBTC tokens.

In the future, users will be able to transfer any ERC-20 compatible tokens.

The bridge has been verified by leading audit companies, including CertiK, Hexens, Quantstamp, and a public competition has been held to find vulnerabilities.

The Toncoin bridge has also received an update which added support for different languages as well as a number of UI improvements.

bridge.ton.org
Q1 2023 Results

TON Ecosystem has demonstrated impressive growth, with a 25% increase in the total number of accounts and transactions, a thriving DeFi sector, a cohesive ecosystem that continues to improve synergy between components, and a developer community that is rapidly expanding.

https://telegra.ph/TON--Results-from-Q1-2023-04-18
Best practices for processing deposits and withdrawals in Toncoin and Jettons

When integrating Toncoin and Jettons to your exchange/bot/payment system, please refer to the JS examples:

Toncoin

Processing deposits

Processing withdrawals

Detailed info

Jettons

Processing deposits

Processing withdrawals

Detailed info
Big interview with TON’s Technical Lead Anatoliy Makosov

Read on TON Blog »
Tokenomics deflation mechanism

The latest TON updates (2023.04, 2023.05) were devoted to optimization, security, and stability.

Today's TON update (2023.06) introduces a new Toncoin deflation mechanism:

🔥 Burning part of the network commission.

🕳 Black hole – if you send Toncoin here, it will completely disappear and be deducted from the total supply.

Network-wide voting for the activation of this functionality is scheduled for June 15th.

Read more »
Big TVM update

The most significant TON Virtual Machine update so far – extended cryptography, arbitrary-precision arithmetic, and new instructions – this update will make TVM one of the most versatile virtual machines around and allow developers to create an even more diverse range of smart contracts, services, and products on TON.

We invite everyone to take part in the programming contest with 30,000 TON prize pool and showcase their best use of the new TVM features or take part in the bug bounty program receiving a reward for found bugs and vulnerabilities of the new TVM in the testnet.

Read more »
🛡️ Discussion on updating the TON address format

TON is a blockchain designed for mass adoption. As part of this endeavor, we propose to add several guidelines and make small changes to the address format. The goal is to ensure that even inexperienced users who mistakenly send funds to the wrong place do not lose their funds and have them returned in most cases.

We encourage all developers to join in the discussion regarding the TON address format.

This proposal focuses on changes that almost completely maintain backward compatibility. However, we are open to discussing other proposals, including more radical ones.

TEP discussion »
💎 The Locker bug bounty event

Task: Find vulnerabilities in the Locker smart contract.

Prize fund: Up to 50'000 TON
Deadline: 23:59 on June 30th (UTC)
Who can participate: Everyone
How to submit: Open issue on github
Validators please vote for or against the proposal to burn 50% network fees.

Proposal info »

Public poll results »

How to vote »
Validators voted to activate 50% network fees burning

By this time, the first 1000 TON have been burned 🔥
Token bridge fee

Starting June 26, 12:00 UTC, in the token bridge, the commission for transferring tokens from the TON network to the Ethereum network will be 1 TON plus 0.1% of the transfer amount.

The commission for transferring tokens from the Ethereum network to the TON network will remain unchanged - exactly 1 TON.
Intermediate results of Rainbow Cross-Chain development for The Open Network

Roman Nguyen shared at the BUIDL Vietnam 2023 our significant results in the development of a unique cross-chain solution that works absolutely without intermediaries and private keys, and checks all data on smart contracts.

https://blog.ton.org/intermediate-results-of-rainbow-cross-chain-development-for-the-open-network
Developer Tools

You should definitely try the latest TON developer tools if you haven't already.

We recommend to use the ton.js library, the Blueprint environment, and the IntelliJ IDEA plugin for the development, testing, and deployment of FunC smart contracts.

For dApps there is TON Connect and a number of APIs: tonapi.io, toncenter.com, TON Access, dTON GraphQL.

These tools make TON developing convenient and enjoyable.

For payment services, the time-tested tonweb (which we plan to refresh and make a "library for paranoids" as much as possible getting rid of third-party dependencies), locally runned ton-http-api and ready-made code examples are well suited.

To run your own TON node, please use mytonctrl or GetBlock.
Liquid staking

Liquid staking is the newest solution that allows you to earn staking rewards and use your assets in DeFi at the same time. Liquid staking is more convenient and accessible for users compared to previous staking options, it also allows you to vote for network updates without having a lot of Toncoins.

Smart contracts for liquid staking developed, and you can participate in testing them by the test application. After the testing phase, the source code of the smart contracts will be published under an free open-source license.

You can find more details in the documentation.

The Tonstakers team has already announced the creation of a custom service based on these contracts.

Alternative available - in partnership with DWF Labs, Bemo successfully launched its own liquid staking protocol.
The Locker bug bounty event: Results

The Locker smart contract remained unbroken.

🎖 thekiba receives a bonus prize of 100 TON for a minor remark.

More events on @toncontests and bug bounty program.
Forwarded from TON Community
Introducing Wallet Pay: A Revolutionary Technology for Shopping With Cryptocurrency.

The @wallet team is launching Wallet Pay, a groundbreaking payment system that allows users to purchase goods and services on Telegram using cryptocurrencies.

This unique tool seamlessly integrates with any Telegram bot or service, enabling users to easily make payments in Toncoin, USDT, or Bitcoin directly via the Telegram messenger interface.

Wallet Pay is both simple and easy to use. It eliminates the need for novice crypto users to navigate complex and unintuitive crypto payment services, streamlining the entire process to just a few clicks within the merchant bot or Telegram Web App.

Moreover, @wallet users can conveniently and instantly top up their cryptocurrency accounts with a debit or credit card during the payment process, greatly simplifying the use of digital assets.

Wallet Pay is an extraordinary tool for Telegram, empowering its over 700 million users to embrace blockchain technology and integrate crypto into their daily lives, ultimately bringing us closer to the mass adoption of digital currency.

You can try Wallet Pay via the test bot or apply as a merchant using the website.