“TON may become the primary blockchain network accessible to tens of millions of users thanks to the Telegram integration efforts by the community via in-app bots,” Rameau famous. He referred to Pavel Durov’s public assist of TON in late 2021, which adopted an announcement of TON’s fee integrations with the Telegram messenger.
“There’s a brand new technology of collectors, proper?” Linden said. “And the actual fact that they’re prepared to pay this money for tokenized JPEGs, which – we’ll see what the value is, long-term, however I think what [the NFT craze] did show is it confirmed the mentality. It showed the place client curiosity is heading, that they view digital property as property.”
By definition, proof-of-stake, or PoS, is a consensus algorithm that operates relying on a validator’s stake within the community. The PoS algorithm is opposed to proof-of-work, or toncat.org PoW, the unique consensus algorithm of main cryptocurrencies like Bitcoin (BTC) and Ether (ETH), which is based on blocks validated via computing power offered by miners.