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@devtoncoin

FRONT TON — We write about TON in plain language. Only our personal opinion, no advertising. Honest news The Open Network @TonCorp

Trends in the TON blockchain platform and the future of Web 3.0, be sure to subscribe to our NFT channel @FrontNFT
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Post #144 39
Freelancers will be able to get paid in TON

⚡️ MadeTask, a service for paying freelancers worldwide, has integrated TON cryptocurrency.

💎 Remote workers who do not want to use traditional money will be able to withdraw their earnings in TON, while remaining legal.

In turn, customers will greatly expand the circle of freelancers, as many crypto-enthusiasts and supporters of The Open Network will appear.

✅ This integration should have a positive effect on the mass acceptance of cryptocurrency, as TON is increasingly becoming applicable in real life.

Front TON | Front NFT
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Post #143 39
The official twitter account of TON subscribed to Kucoin and Binance exchanges

💭 This fact is remarkable because last time about 2 months before TON was listed on Huobi Global the same thing happened.

We, as an interested party, had a little «whispering» with our sources and used the administrative resource.

🔥 So, the editors of the «Front TON» Channel can say with confidence that there will be a listing of TON on the Kucoin cryptocurrency exchange, followed by Binance.

Your guess, when will there be a listing? Will Kucoin and Binance be overtaken by Huobi's marketing campaign?

Front TON | Front NFT
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Post #142 25
Theses from the AMA developer session at TON

📢 The main points of what was said:

1. The primary path is "open possibly serverless shitty dapp from Telegram or some random github page on mobile"

2. Let's have a standard button and widget to show a selection of the wallet apps, so when the user selects one — the wallet knows where to connect. Wallets list should be customizeable on the app's end. Return url is not always possible and should be optional.

3. This means, the rendezvous server is actually a bridge and the bridge is provided by the wallet. All comm and tx requests are going through that bridge.

4. Desktop-mobile use case is covered with universal link opening a QR code and a back button. It could even automatically redirect back when the wallet responds.

Q: how do we distinguish between two sorts of return_urls: one for the user to go back to Telegram and another for QR code page to go back to the app, and not make it confusing for devs?

5A. To identify the apps upon connect we need a lightweight flow without signed requests. The serverless dapp cannot sign, and we are not transmitting PII anyway.

5B. To identify tx requests we use optional TON DNS to label the addresses. TON DNS is cool because it eliminates intermediaries and lets use Telegram and other distribution mechanisms as untrusted traffic hoses. But we should make its usage more friendly and efficient for devs.

Q: how to implement and mandate immutably-bound names? Through constraints on DNS items, or as a separate registry? Who would design that registry? Without such protocol in place, DNS names are mutable and could fool users just like immutable contracts could. Need to avoid a slippery slope from the start.

Q: who should protect against phishing? With TON DNS we have a chance to spread this protection across multiple layers and not be locked into dependency on Telegram, CAs and other intermediaries. E.g. both Telegram could kick off scammers, and wallets and blockchain APIs could mark phishy names, and the developer is always in direct control over their identification.

6. The workflow for users should be close regardless of whether they connect to a dapp or a service. Button ⟶ prompt ⟶ confirm ⟶ back to the app.

7. SDK for developers should be ±unified for both cases because it matches users' flow, but with clear definition of each scenario. E.g. unsigned requests for connect come with no guarantee and cannot be used for sign-in, but okay for serverless dapps.

8. We need to check the trade-offs of the emerging design for desktop-mobile, desktop-desktop situations and dapp-within-wallet use cases. If they are too inconvenient, we need to revisit the above assumptions.

💬 Outside the scope:

1. Detecting which wallets are installed.
2. How to sign arbitrary messages for use in smart contracts (proper domain-separation needs to be uniformely adopted).
3. How the dapp connects to the blockchain.
4. How the wallet evaluates non-standard tx payload to inform the user properly.

Front TON | Front NFT
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Post #141 23
TON and Telegram mentions from Conor McGregor

🥊 Yesterday, UFC fighter Conor McGregor tweeted a video in which two mentions of TON and one of Telegram (in our opinion) appear.

💎 For those who don't have time:
1. The very beginning of the video, with the diamond sticker (TON symbol) in the upper right corner of the slot machine;

2. The same diamond appears a second time in Conor's path in the form of a coin, breaking it up the TON diamond itself appears;

3. It refers more to Telegram than to TON: when breaking the diamond coin, white paper airplanes (the symbol of Telegram) appear.

The video also hints at other cryptocurrencies and services, but we're pleased that the video creators used references to The Open Network so nicely :)

Front TON | Front NFT
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Post #140 24
TON will appear as perpetual swaps

⚡️ It became known that in two weeks it will be possible to trade TON via open-ended swaps on the cryptocurrency exchange Bit.com.

This means that leverage and short positions will be available:

🤑 Leverage — for example, you can open trades with $10 available on $100 — this means using 10 leverage. Profit will be increased by a factor of 10, but the risks also increase by a factor of 10.

📉 Short position — a trader opens a trade hoping to make profit on fall of asset value (e.g. TON).

TON is increasingly appearing on new crypto exchanges, and now we will get a new platform as an alternative to FTX with swap on TON.

Who will short and who will long TON?

Front TON | Front NFT
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Post #139 24
DEX | «Trustless Exchanges»

DEX can be regarded as «Trustless Exchanges». But this is not said in a negative way, on the contrary, to trade on DEX you do not need to trust the exchange to conduct transactions, as on CEX.

🤖 With DEX, the emphasis is on smart contracts, which cannot follow someone else's requests or instructions - they work as originally prescribed in the code, which means functioning without trust of the parties to each other.

✅ There is no need to trust DEX, because it has no registry of customer accounts, and all users use non-custodial wallets for transactions. Transactions are verified and executed in real time, and are only approved up to a set amount.

Remember that every such action in DEX is validated by the user, which gives a quality multi-level control over your actions 🛡

Front TON | Front NFT
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Post #138 24
How to download TON-wallet without Google Play

⚠️ If you are in Russia, you may have trouble downloading apps from Google Play, such as the TON Wallet app, but a safe solution is ready.

TON Wallet can be easily downloaded to your device here - https://apps.rustore.ru/app/com.tonholdwallet.android

✅ The version of the application is the same as on Google Play, installation is safe and convenient.

Front TON | Front NFT
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Post #137 34
TON traders contest on Huobi

⚡️ Huobi is not stopping its joint marketing campaign with TON and we have a 20,000 TON trader contest coming up.

The 20 traders with the highest trading volume will share 9,700 TON, and 10,300 TON will be distributed amongst all participants, who completed the minimum turnover.

Scheme: trade TON/USDT pair ⟶ "stuff up" big volume ⟶ take big prize 🎁

📝 Conditions:
— Minimum volume of 67 TON;
— Contest runs from September 9-16 until 7:00 AM MSC.

Front TON | Front NFT
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Post #136 35
25,000 TON contest on Huobi

💎 Marketing campaign continues: "CandyDrop Toncoin" has started on Huobi, where 25,000 TON will be raffled off between participants.

To participate in CandyDrop you need to have an average trading turnover of at least 100 USDT in TON/USDT pair in 3 days, i.e. total volume must be at least 300 USDT.

If you have the arithmetic average of 100 USDT and more for three days - you are participating in the lottery, and the winner will be determined randomly.

⭐️ Also, 5 random participants of the promotion will get a special prize - "CandyDrop Lucky Star" which is 100 USDT.

📝 Conditions:
— The promotion is only available in the Huobi mobile app;
— Registration for CandyDrop will end on September 10 at 18:00 MSK.

Front TON | Front NFT
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Post #135 35
Huobi & TON: Million Dollar Offer

⚡️ TON and cryptocurrency exchange Huobi Global have launched a joint marketing campaign with a budget of $1,000,000.

Huobi launched 3 TON staking options:

— 300% APY for 10 days (invest no more than 200 TON);
— 100% APY for 30 days (invest no more than 200 TON);
— 70% APY for 90 days (invest no more than 400 TON).

⚠️ Important: Only TONs purchased on Huobi can be staked, otherwise staking will not be possible.

If you are new to this, you can also register on Huobi and take advantage of a new user bonus of up to 700 USDT.

At what percentage will you be steaking TON?

Front TON | Front NFT
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Post #134 26
A little bit of statistics on validators

📊 I want to share some dry numbers about the number of validators that have been collected from contributor funds. If you don't know who the validators and nominators are, read here — t.me/FrontTONen/101

Number of validators by country:
— U.S.: 8;
— India: 4;
— Russia: 4;
— United Kingdom: 2;
— Lithuania: 2;
— South Korea: 2;
— Japan: 2;
— Sweden: 2;
— Canada: 2;
— Singapore: 2;
— Australia: 2;
— Kazakhstan: 1.

Number of pools — 33.
Number of TONs in stacking — 21,800,650 Toncoin

By 2019 count there are 251 countries in the world and only 12 have pools, which is ~5% of the total - a clear example that TON is still in its early days 😉

By the way, you can see a list of all the pools that operate on the official smart contract here — https://tonvalidators.org

Front TON | Front NFT
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Post #133 36
TON will appear on the largest cryptocurrency exchange Huobi Global

⚡️ It became known that the listing of TON on Huobi Global in the trading pair TON/USDT will take place on September 7.

This is a landmark event for the entire ecosystem of The Open Network, as this crypto exchange is in the top 10 according to CoinMarketCup ranking, and the daily trading volume exceeds $500,000,000.

🔗 We recommend to register on Huobi Global exchange by promo code, which will give you 15% discount on spot trading and derivatives on exchange commission!

🎁 Promo-code for registration — 3pz76223

How do you think the TON exchange rate will react to the listing news?

Front TON | Front NFT
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Post #132 27
What is the contingent in DEX? | Types of Participants II

We continue to introduce you to the characters in the DEX universe:

3️⃣ Traders — users who exchange their tokens for others.

4️⃣ Oracles — users who provide information for liquidity pools about the fair rates of cryptocurrencies in trading pairs.

5️⃣ Arbitrageurs — traders who make money from speculation - sell crypto bought cheaper elsewhere to a liquidity pool. After the transaction, the price balance in the pool changes, and arbitrageurs fill it with tokens to equalize asset prices between different trading venues.

In your opinion, who is the most profitable to be in DEX?

Front TON | Front NFT
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Post #131 30
What is the contingent in DEX? | Types of Participants I

A decentralized exchange often does not have the participants that are necessarily involved in a centralized exchange, such as management bodies, administrators, intermediaries.

But then who is present in DEX? The answer is:

1️⃣ Liquidity Providers — users who own cryptocurrency and invest it in liquidity pools. Providers lend their assets to the DEX smart contract, for which they receive a commission on each transaction of their crypto.

2️⃣ IDO projects are initial coin offerings that can take place on the DEX. Projects raise capital from investors after which the IDO is completed, listed, and tokens are available for free trading on the secondary market.

Who can remember what the first IDO on TON was?

Front TON | Front NFT
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Post #130 30
TEPs | Update on TON

🛠 TON Enhancement Proposals or TEPs for short (https://github.com/ton-blockchain/TEPs) is the new "home" for current and future standards of The Open Network, replacing TIPs (https://github.com/ton-blockchain/TIPs) with GitHub Issues.

✅ The process of examining current standards, proposing, and discussing new standards has become more convenient.
We're glad that TON is once again making positive changes :)

🍁 Also, congratulations to everyone on the beginning of autumn, may it be productive!

Front TON | Front NFT
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Post #129 29
Wrapped Toncoin | Part II

The Open Network has a bridge that is responsible for issuing and blocking TONs.

📝 Workflow: user wants 5 wrapped TONs and sends 5 original ones to the bridge —> the bridge blocks the native TON and for every blocked one releases a wrapped TON.

🔄 If the user wants the original TONs and only has the wrapped TONs, the process is identical but in reverse order.

We want to warn you that you will need to pay a certain amount for the bridge — 5 TON + blockchain commission, manage your assets wisely.

Front TON | Front NFT
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Post #128 27
Wrapped Toncoin | Part I

🍬 Wrapped tokens are a version of the "native" tokens in another network.

TON has two wrapped versions: TON BEP-20 for the Binance network and TON ERC-20 for the Ethereum network.

⚖️ The value of the wrapped tokens is usually equal to the value of the original tokens, but this only happens as long as the issuance of the wrapped tokens is backed by the "native" blocked tokens.

💸 Wrapped tokens can be used to interact with the protocols of other networks, with which one can earn money, such as DEX.

Front TON | Front NFT
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Post #127 29
TON Exclusive Bot — your project's news provider

⚡️ If you want to share your project on The Open Network, send information about it to our @TonExclusiveBot.

Every product that benefits TON deserves users' attention.

⚒ If you create DEX, wallets, social networks or any other useful project that focuses on WEB 3.0 — we're already interested in you ;)

We appreciate everyone who is trying to contribute to TON ecosystem and will be happy to tell our audience about your products 😉

Regards, «Front TON» Team.

Front TON | Front NFT
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Post #126 30
TON DNS auction results for the month

⚡️ We hasten to remind you that the auction has no deadline and you can try to pick up free .ton names at any time!

🧮 Let's show you how the auction is doing after almost a month of its start:

— Bidding has been opened for 13,038 domain names;
— 9,007 domains have been redeemed so far;
— The total redemption amount is 3,920,023 TON, or more than $5 million at current exchange rates;
— The most expensive domains are still wallet.ton, casino.ton and bank.ton for 215,250, 200,000 and 157,500 TON, respectively.

What .ton domain name have you bought yourself?

Front TON | Front NFT
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Post #125 30
Telegram WebZ is available through TON

🔐 Few people know that Telegram WebZ is available through TON, namely ton.org/app.

✨ An interesting "easter egg" that raises many questions, such as why can the Telegram app be accessed through the TON site?

Will Telegram WebZ be the first to have WEB 3 compatible wallet integration?

💡 Or maybe this version is being used to test WEB 3 products in Telegram, which was recently mentioned by Pavel Durov, you can read about here — t.me/FrontTONen/114.

So many questions and so few answers. What do you think about it?

Front TON | Front NFT
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