The TON Foundation is a non-commercial group of contributors who created The Open Network (TON) blockchain. It has a number of goals to further promote the decentralized internet. In this context, the TON Foundation has just launched an innovative solution.
With TON, transfer data of any size without centralized web servers!
Despite the criticisms, blockchain technology is increasingly proving its usefulness around the world. As proof, the TON blockchain has just launched an innovative solution to share and store files in a decentralized way. In fact, webnow media reported this information a chirp this January 5, 2022. He explained: “The TON Foundation has launched a decentralized file sharing and data storage solution called TON Storage, addressing projects such as Filecoin“.
The TON storage space will be transferred all file and data sizes. These will then be saved and encrypted securely and off centralized web servers. The operation of the new TON system is similar to that of the existing Peer-to-Peer file sharing system. The latter system is Internet-centric and uses torrents.
An archiving solution to preserve data for the long term
Currently, file storage systems that use torrents have a certain limit. In fact, they do not guarantee long-term data retention. The TON Foundation is launching TON Storage specifically to address this issue. With the new solution, there are smart contracts for ensure the preservation of files for a certain period of time. In exchange for this service, users will have to pay a fixed amount in toncoins.
The TON Foundation explained: “Anyone can become a node operator on the TON network and receive payments from other users for file hosting, even if they are only managing one node“. “The accessibility of this new product will attract new independent users to join the TON network, which will help further grow the TON ecosystem.“, he clarified.
Telegram launched TON in 2018 as the Telegram Open Network. But some SEC investigation forced him to abandon his project. Then, in 2022, the developers came together to form the TON Foundation and save the Telegram blockchain. They then decided to rebrand the network “The Open Network”, offering it a working mainnet.
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Far from dampening my enthusiasm, a failed investment in a cryptocurrency in 2017 only increased my enthusiasm. I therefore decided to study and understand the blockchain and its multiple uses and to convey information related to this ecosystem with my pen.