Toncoin is the native token for the The Open Network which is supported by various network contributors including the non profit TON foundation. Telegram was initially the developer of TON but ended its involvement in 2020 after the court order by SEC. Since2020 the protocol has been developed by independent contributors. The protocol uses proof of stake for scalability and security for the network. The sharding infrastructure of the network makes it more desirable to use for the payment methods.
Toncoin has a security score of 92.34 and is ranked among 10th percentile as per the audit done by the Certik. Let's have a look towards the network activity of the protocol
Toncoin has a security score of 92.34 and is ranked among 10th percentile as per the audit done by the Certik. Let's have a look towards the network activity of the protocol