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Review on Everscale by Robiul Islam

Revainrating 5 out of 5

Detailed review about Free TON as well as it's potential.

With the ability to handle millions of transactions per second, Free TON is very efficient, reliable, and secure. A blockchain is being used by the Free TON project. The ecosystem of the platform enables users to create a global marketplace in which anybody, even small companies, and individuals, may freely interact with one another. It is possible to improve the distribution of processing and storage on a network by using sharding, which distributes storage and computation among smaller groups of validators.



The general consensus.

Free TON is indeed one of the major players in the smart contract platform market, and it has a lot of competition. It is a community-driven blockchain with a strong emphasis on decentralization that is built on the open-source TON protocol, which is available for free. When compared to other blockchain initiatives, it has great potential and amazing possibilities. As a completely decentralized community-driven project, it has grown quickly. Currently, it is a strong community of cryptocurrency enthusiasts with a large number of members from all over the globe who are actively contributing to the development of the blockchain on a regular basis.



Free TON’s current capabilities and Tokenomics.

It has the ability to handle a large number of transactions per second (TPS) when compared to the capabilities of the majority of other smart contract platforms. The inability of most traditional blockchains to scale has a direct effect on the number of transaction fees that must be paid to the network. Fees on TON are very cheap because of the capacity to scale, this makes it possible to process even small payments. Free TON is controlled by the whole community, which is connected by the same purpose to establish a global, accessible, and fair economy. And only the community has the ability to shape the future of the network.



Potential for growth.

TON is the most well-known cryptocurrency with a mid-size market valuation. There is a lot of interest in the currency, but it is not at the top of the list. Successful execution of all the developments may go a long way in boosting the adoption of TON, as well as its promising prospects. A greater throughput may also be beneficial to TON in the long term. Therefore, the coin's upward potential is high.



Long-term or medium-term investment.

Rather than focusing on the immediate future, investors should have a long-term perspective while investing in TON. When considering the value of a platform, it is necessary to take into consideration whether or not it has been adopted by a large community. To me, it seems as if TON is a long-term investment, given the upcoming platform development. The project also includes a great variety of pre-existing collaborations, and the campaign is establishing additional partnerships as well.



Concerns and risks.

It's a very competitive market. Even some projects claim that their throughput is more than Free TON. It is also being worked on and may in the future pose a threat to the platform's success. As of this moment, it is early to assess the outcome of the project over the long term.



While it has the potential to improve the blockchain business, it's too early to say whether it will. This project has the ability to attain mass adoption and match or even exceed the usage of major payment systems, instant messaging platforms, social networks, and cryptocurrencies.



Overall, I already had an idea about Free TON but thanks to the Revain team for giving some spotlight to this project by collaborating with Free TON. I'm adding some images to indicate TON's documentation and market position.

img 1 attached to Everscale review by Robiul Islam
img 2 attached to Everscale review by Robiul Islam
img 3 attached to Everscale review by Robiul Islam



Pros
  • The world's quickest platform.
  • Growing network's capacity to process more transactions per second.
  • The foundation is much better than most other blockchain projects.
  • Another approach the platform utilizes is known as end-to-end decentralization.
Cons
  • There is a high level of competition in this field.