THELOGICALINDIAN - The Durov brothers fought a continued and all-embracing action with the United States Securities and Exchange Commission SEC over the Telegram Open Network TONs accepting in the United States which concluded with an official advertisement that the added development of the activity was alone However the TON activity was absolutely opensource Using the TON repositories a accumulation of absolute enthusiasts came calm angled the best that has been congenital by the aboriginal Telegram aggregation and ventured into a continued adventure of architecture Free TON
The Free TON Community
Similar to abounding added PoS networks aiming at decentralized governance, there is a acknowledgment basement the abstract foundations of Free TON as a association and as a decentralized network. As the Acknowledgment of Decentralization, a founding certificate abaft Free TON, was actuality drafted a growing cardinal of contributors accept been abutting the activity – both on the technology and association development side, basic the Free TON community, by now basic one of the better absolute networks on the agenda advance landscape.
How it all started? Well, there were bodies who were complex and absorbed in TON from the start. They became aflame about ablution the activity as a association — overextension the chat to their own networks. Eventually, it grew bound from there as a community-driven project. Today, Free TON is a active association of 30k bodies all over the world, accidental circadian to the anytime growing codebase of the network. The Free TON contributors are abundant added community-centric. A advanced ambit of abstruse developments accept been fabricated such as awful bigger applique and a aggregation of agreement changes.
Key differences amid the aboriginal eyes of TON and the Free TON as it stands today can be abbreviated in three key statements:
(a) No accumulated article behind – Telegram as a messaging belvedere and as a business has about abstained from actuality complex further. In the words of one of the best alive Free TON association members, Mitja Goroshevsky, “… back so abounding bodies spent so abundant of their time and accomplishment on the project, aloof to accept it aback yanked from their easily on the base that money was aloft in a way addition didn’t like, that’s devastating.” Today, the association is both the founding fathers and the key asset of the Free TON as an ecosystem.
(b) The agreement is congenital aloft the ethics of decentralization aloft both, the arrangement and the babyminding layer. The aboriginal architecture was technology aggressive and had little anticipation accustomed to the game-theoretical aspects of the babyminding layer. Validators would vote to accept agreement changes… That’s about as far as the architecture went. Durov’s aggregation was absorption on the tech and cost-load efficiency, not the tokenomics. There was artlessly no eyes about how to absorb the association in the platform’s governance.
(c) Distributional decentralization – the administration of tokens happens as this is actuality accounting on a per-merit base based on the proposals that are submitted on the Free TON Association Forum and voted for by the association and the validators.
But What Really Sets Free TON Apart?
In production, the Free TON blockchain achieves transaction speeds of beneath than 0.2 seconds, throughput of added than 10k TPS, with awful aggressive transaction bulk (less than 0.001% of transaction amount), and apparently embeds absolute scalability through multi-threaded sharded architecture.
Community-launched, Free TON has never undergone an ICO of any sort, neither had the tokens been broadcast according to budgetary addition of any sort. The claiming was to architecture game-theoretically articular distributional mechanics while apprenticed by the rules of PoS.
The architecture assuredly affected is alleged the Meritocratic Token Distribution model. It starts from the association proposing a challenge in which all added associates can participate. The challenge is debated, and bendable majority voting is acclimated to adjudge whether a angle should proceed.
Another above aspect and amount assumption of Free TON is blockage accessible source, association driven, and absolute as abundant as accessible on top of its own blockchain, which will assure adjoin not alone from abeyant hacker and aegis attacks on the network, but additionally ensure the adherence via absolutely democractic/meritocratic on-chain access to the change of the Network.
The Internet was built-in chargeless and decentralized, again big corporations and big states took allegation of it, now it’s time to acknowledgment it to users and its decentralized origins, as Bitcoin already did in the banking industry.
Where Does Free TON Stand Now?
Today on December 8, 2024 antecedent associates of Free TON blockchain appear the barrage of added than 400 absolute validators on December 22, 2024, authoritative Free TON one the best absolutely broadcast blockchains launched to date.
Free TON has the abeyant to change the blockchain industry accustomed it bankrupt to the borderland of accumulation acceptance of applications like payments systems (think of Visa, Mastercard, Paypal), Messaging (Telegram, Whatsapp, WeChat), amusing media (Twitter, Facebook) and accomplish one of best arresting dreams of all Internet evangelists – a absolutely decentralized courage basement for the Internet itself.
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