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Web3 Has Come: The TON Foundation Launches TON Sites and TON Proxy

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London, United Kingdom–(Newsfile Corp. – September 30, 2022) – Today, The TON Foundation launched the latest products in The Open Network’s (TON) ecosystem, TON Sites and TON Proxy. These two products mark important new steps in the genesis of the TON Foundation’s vision of a decentralized next-generation internet. Network protocols were specifically designed for TON so that nodes could communicate with one another and exchange data, and as a result, TON is poised to offer a totally private, decentralized, and secure private computer network.

Figure 1

To view an enhanced version of Figure 1, please visit:
https://images.newsfilecorp.com/files/8653/139048_lunaweb3image.jpg.

The TON network is decentralized (has no central server), stable (a node disconnecting will not affect the functioning of the network), and anonymous (it’s impossible or difficult to determine the IP address of the node). When transmitting data among nodes in the network, mandatory encryption and built-in data authentication without the mediation of third-party certification authorities are used.

Starting today, anyone who wishes will be able to launch a TON Site, a web server that is available on the TON network.

TON Sites powerfully combines with TON DNS to remove the need for centralized domain name registries. Domain names can no longer be blocked or taken away arbitrarily. With TON DNS, all that is required is an annual micropayment of less than 0.0001 Toncoin as a symbolic gesture to confirm domain ownership.

This sleek internet removes the necessity to create new passwords for every website. Users can sign in to TON Sites with a TON-based cryptocurrency wallet – the wallet authenticates their identity.

Also, users can send Toncoins by entering the domain as the recipient’s address.

To first access the TON network, users need to connect to a special entry point, known as an “entry proxy.” Currently, one can use public entry points launched by the TON Foundation. The experience is user-friendly, as TON Proxy is compatible with HTTP Proxy; all you need to do is open the settings in your browser and enter the address of a public TON Proxy as a proxy server. There, “.ton” sites will be available within your browser as if they were regular websites.

A host of TON wallets has said they plan to implement TON Proxy directly in their wallet applications and extensions, meaning that the TON network and TON Sites will soon be able to be accessed by all TON wallet owners without downloading additional applications.

Also published in the updated roadmap, in the next TON Proxy version, traffic on the TON network will be rerouted through a random set of intermediary nodes to ensure anonymity, while the third version of TON Proxy will launch a decentralized economy, and those running intermediary nodes will receive automatic payments in the form of Toncoins from users.

ENDS

Notes to Editors

About The Open Network (TON)

The Open Network is a third-generation proof-of-stake blockchain initially designed in 2018 by the Durov brothers, the founders of Telegram Messenger. Later, it was handed over to the open-source TON community, which has been supporting and developing it ever since.

TON was designed for lightning-fast transactions. It’s user-friendly, and fully scalable.

The TON Foundation is a non-commercial group of supporters and contributors who help further grow the TON blockchain.

Contact name: Tarek Al Fakih
[email protected]
SOURCE The Open Network (TON)
Learn more about TON: https://ton.org

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/139048

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Breaking News: Bitgert Coin Price Expected To Skyrocket In Coming Days

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In recent news, Bitgert coin’s price is anticipated to soar in the coming days, marking a significant development in the cryptocurrency market. This projection has attracted attention from investors and enthusiasts alike, as they await potential gains from the anticipated price surge.

The expected rise in Bitgert coin’s price has stirred excitement among crypto investors, who are closely monitoring market trends and developments to capitalize on potential opportunities. This surge is attributed to various factors, including market sentiment, technological advancements, and investor confidence in the project’s prospects.

As the cryptocurrency landscape continues to evolve, Bitgert coin’s projected price increase underscores the dynamic nature of the market and the potential for significant gains. Investors are advised to conduct thorough research and exercise caution when trading cryptocurrencies, as price movements can be volatile and unpredictable.

Overall, the anticipated surge in Bitgert coin’s price reflects the growing interest and optimism surrounding the project, highlighting its potential to deliver substantial returns for investors in the near future.

Source: cryptodaily.co.uk

The post Breaking News: Bitgert Coin Price Expected To Skyrocket In Coming Days appeared first on HIPTHER Alerts.

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Ethereum Developers Target Ease of Crypto Wallets With ‘EIP-3074’

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Ethereum developers are setting their sights on improving the user experience of crypto wallets with the implementation of Ethereum Improvement Proposal (EIP) 3074. This proposal aims to simplify the process of interacting with Ethereum smart contracts, making it easier for users to manage their digital assets securely.

EIP-3074 introduces a new type of account called “constrained accounts,” which are designed to restrict certain types of interactions with smart contracts. This feature enhances the security of crypto wallets by limiting the scope of potential attacks and reducing the risk of unauthorized access to funds.

One of the key benefits of EIP-3074 is its ability to streamline the user experience of interacting with Ethereum smart contracts. By simplifying the process of managing digital assets, this proposal aims to make crypto wallets more accessible to a wider audience, including non-technical users.

In addition to improving usability, EIP-3074 also enhances the security of Ethereum wallets by introducing new permissioning mechanisms. Constrained accounts allow users to define specific rules and conditions for interacting with smart contracts, providing an additional layer of protection against potential vulnerabilities and exploits.

Overall, EIP-3074 represents a significant step forward in the ongoing effort to enhance the usability and security of Ethereum wallets. By introducing constrained accounts and new permissioning mechanisms, this proposal aims to make it easier for users to manage their digital assets securely while also reducing the risk of unauthorized access and potential attacks.

Source: coindesk.com

The post Ethereum Developers Target Ease of Crypto Wallets With ‘EIP-3074’ appeared first on HIPTHER Alerts.

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Blockchain

Istanbul Blockchain Week 2024 Returns Showcasing Turkey as the Rising Star in Web3 Adoption

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Istanbul Blockchain Week 2024 is making a comeback, highlighting Turkey as a rising star in Web3 adoption. This event, set to take place in Istanbul, aims to showcase Turkey’s growing prominence in the adoption of Web3 technologies and its potential to become a leader in the blockchain industry.

With a focus on fostering collaboration and innovation in the blockchain space, Istanbul Blockchain Week 2024 will bring together industry experts, developers, investors, and enthusiasts from around the world. The event will feature a series of keynote speeches, panel discussions, workshops, and networking sessions, providing participants with valuable insights and opportunities to connect with key players in the industry.

One of the key objectives of Istanbul Blockchain Week 2024 is to highlight Turkey’s vibrant blockchain ecosystem and its potential to drive innovation and economic growth. As a strategically located hub between Europe, Asia, and the Middle East, Turkey offers a unique opportunity for blockchain companies to tap into diverse markets and access a skilled talent pool.

The event will also serve as a platform for showcasing the latest developments and trends in the blockchain industry, including decentralized finance (DeFi), non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs), and more. Attendees can expect to gain valuable insights into the future of blockchain technology and its potential impact on various industries.

Istanbul Blockchain Week 2024 is expected to attract a diverse audience, including blockchain enthusiasts, investors, entrepreneurs, government officials, and academics. By bringing together stakeholders from across the globe, the event aims to foster collaboration, drive innovation, and accelerate the adoption of blockchain technology in Turkey and beyond.

Overall, Istanbul Blockchain Week 2024 promises to be an exciting and impactful event, showcasing Turkey’s growing influence in the blockchain industry and highlighting the country’s potential to become a global leader in Web3 adoption.

Source: cryptoslate.com

The post Istanbul Blockchain Week 2024 Returns Showcasing Turkey as the Rising Star in Web3 Adoption appeared first on HIPTHER Alerts.

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