Binance will launch TON 1-50 times U-standard perpetual contract. What is the public chain TON currency?

Odaily Daily News Binance announced that it will launch the TON 1-50 times U-based perpetual contract at 20:30 on March 1, 2024 (Eastern Eighth District time).

TON coin (Toncoin) is the native token of Telegram Open Network (TON). Telegram Open Network is a multi-level blockchain project promoted by the well-known communication application Telegram, aiming to provide high-speed and scalable blockchain solutions. Such as the speed and scalability issues of Bitcoin and Ethereum.

Its characteristics are as follows:

★Friendly interface and integration: Since TON was initially closely integrated with the Telegram application, it emphasized user-friendliness and seamless integration, allowing ordinary users to easily access and use blockchain services.

★Built-in anonymity feature: Provides anonymity feature to increase transaction privacy.

★Community-driven and autonomous: After Telegram’s exit, TON’s development relies more on the efforts of the community and independent developers, which increases its community-driven and autonomous characteristics.

High-speed transaction processing: Designed to provide faster transaction processing capabilities than existing blockchains.

★Smart contracts and decentralized applications (DApps): Support the development of smart contracts and DApps, increasing the versatility of the ecosystem.

★Decentralization and decentralization: Emphasis on decentralized architecture to improve system security and censorship resistance.

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