Toncoin

Key Technical Advantages:

Multi-Blockchain Platform: TON (The Open Network) is a flexible multi-blockchain platform designed to process millions of transactions per second. It supports Turing-complete smart contracts, upgradable formal blockchain specifications, multi-cryptocurrency value transfer, micropayment channels, and off-chain payment networks. TON Blockchain has unique features like the self-healing vertical blockchain mechanism and Instant Hypercube Routing for speed, reliability, scalability, and self-consistency. TON P2P Network: The TON P2P Network is used for accessing the TON Blockchain, sending transaction candidates, and receiving updates about specific parts of the blockchain that clients are interested in. It can also support arbitrary distributed services, whether they are blockchain-related or not. TON Storage: TON Storage is a distributed file storage technology accessible through the TON Network. It is used by the TON Blockchain to store archive copies of blocks and status data, as well as to store arbitrary files for users or other services running on the platform, with torrent-like access technology. TON Proxy: TON Proxy is a network proxy/anonymizer layer similar to the Invisible Internet Project (I2P), which is used to hide the identity and IP addresses of TON Network nodes if necessary. This can protect nodes from potential DDoS attacks and help maintain privacy for accounts with large amounts of cryptocurrency. TON Services: TON Services is a platform for arbitrary services residing in and available through the TON Network and TON Proxy. These services have formalized interfaces that enable browser-like or smartphone application interaction. TON Services may create smart contracts in the TON Blockchain to offer guarantees to clients. Content summarized by AI chatbot

Source:

https://ton.org/whitepaper.pdf