The TON blockchain is becoming increasingly popular among businesses looking to create decentralized applications (dApps) across various industries.
Serokell has hands-on expertise with the platform. In 2019, we won the first prize at the TON competition for smart contract development, where we designed multi-signature wallets and synchronous and asynchronous two-party payment channels.
In this post, we provide an overview of the TON architecture and its technical aspects to equip you with the essential knowledge needed to decide whether the TON blockchain is what you are looking for.
What is TON?
TON (The Open Network) is a blockchain designed to facilitate fast transactions and help build a wide range of decentralized applications (dApps). This community-driven project was initiated by the creators and owners of Telegram.
The network comprises several components, such as the TON Blockchain, TON DNS, TON Storage, and TON Sites.
- TON DNS: Simplifies user interactions by assigning human-readable names to accounts and dApps.
- TON Storage: Offers decentralized file…
