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
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