It is been a while but I'm so glad and excited to be reviewing this wonderful project and in respect to the competition as well. GOING to take you through the fastest block chain we are going to be talking about what it is really is. I'm also going to be mentioning how the block chain benefit a wide range of industries, including the financial and the other project as well as the government system.
First of all, a little history. In 2017 there was an open telegram network project which was launched by a Russian enterpreneur. A lot of funds were generated, during the ICO, and due to some SEC issues, this enthusiastic enterpreneur had to hand the project to independent developers. Along the line the project was renamed freeTon by the new developers.
This blockchain-based platform is fast, the spped cannot be over emphasised. this blockchain is very fast, capable of completing up to 100,000 transactions PER SECONDS, compared to some of the fastest block chain, solana(50,000tps), polkadot(1000) and the all mighty ethereum only capable of handling only 30 transactions per second. Aside that throne is one of the most scalable blockchain and it is provably one of the most secured Blockchain. Well the transaction fee has been beaten by the KCC network, though a 0.01$-0.02$ per swap on the blockchain is very fair. The project is very open source and it has it's called being publish on the github. So you should take note that independent projects where developed from this network, the freeTON, newTON, and the TON community blockchain.
FreeTON uses a decentralized structure, based on the smart contract, and has 8 ecosystem and down in the decentralized autonomous organisation. Its main aim was to create various services and ordinary transaction that can solve individuals government parastatals and even bigger companies.
I sent this project with great potential to become a very big global project, engulfing various areas as it is already nicked name the SUPER server.. speed of transaction has been one of the major demands of users and with the outstanding capabilities of this blockchain to be able to provide such speed I believe it to be a centre of attraction. But the problem is I couldn't find any way to bridge coins to this block chain yet.
The Ton crystal token which has been the driving fuel of your free TON ecosystem. The token initial total supply was 5 billion. At first uses golden buy this coin the only get it through their contributions to the development of the project and ecosystem. You can get it rolling a validator. Participating in various competition and the development of the project participating and boundaries I'm buying the stockings from users who are already earned them.
One of my main attraction today's project has been the fact that there is no any body labelled as CEO or any board of directors for business management department. This project is being managed by a whole community who have agreed on one common goal United and very enthusiastic about the project. The project has a section where you can freely comment, criticize and drop your feelings about how things should be at the project. The developers of this project are very All cried out but are these unique concept about the methods Andy meritocratic distributions of the token. In the talking distributions it is carried out today competitions and group. Hear the users are being allowed to even decide the budget of the competition how much should be allocatted for the winners, and the competition is being held in the same group. After the competition is over the judges decide the winners and the talking is being allocated to devalue swimmers into their wallet. The system has been do adopted by a virus decentralized autonomous organisation one of faith I noticed majorly is the binance crypto exchange during their giveaway in the periods of their launch pad.\
Also, attached to this