Introduction Cryptocurrencies and other blockchain-based technologies have the potential to make the world more secure and self-governed. owever to this day no consensus-backed currency has been able to appeal to the mass market and reach mainstream adoption. his paper outlines a vision for a new cryptocurrency and an ecosystem capable of meeting the needs of hundreds of millions of consumers including  million elegram users. aunching in  ­ this cryptocurrency will be based on multi-blockchain Proof-of-€take system — ƒ„ …Telegram Open Network, after 2021 The Open Network† — designed to host a new generation of cryptocurrencies and decentrali‡ed applications. The protocol and other components of TON are described in detail in the Technical White Paper, while this document focuses on a general overview of the proposed technolog and its uses Problem Statement ˆitcoin has established itself as the «digital gold» and Ethereum has proved to be an efficient platform for token crowd sales. owever there is no current standard cryptocurrency used for the regular e‹change of value in the daily lives of ordinary people. he blockchain ecosystem needs a decentrali‡ed counterpart to everyday money — a truly mass-market cryptocurrency. Œ Ž Œ