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What is Toncoin (TON)?

Posted: Sun Apr 06, 2025 9:11 am
by arzina221
Can smart contracts be run on Celestia?
Celestia does not directly support smart contracts, but smart contract functionality can be provided through layer-2 solutions or rollups built on top of it.

Celestia uses the Proof of Stake (PoS) consensus mechanism. Network participants contribute to the security of the network by staking TIA tokens and receive rewards in return.

The investment information, comments and phone number library explanations provided here are not within the scope of investment consultancy. Investment consultancy services are provided by authorized institutions on a personalized basis, taking into account the risk and return preferences of individuals. The comments, information and explanations provided here are of a general nature. For detailed information, please click here .

The Open Network (TON) is a blockchain project initially designed by Pavel and Nikolai Durov, founders of the Telegram messaging app. The project was announced in 2018 and was initially called “ Telegram Open Network ”. However, after Telegram withdrew from the project due to legal issues, it was taken over by the community and renamed “The Open Network”. On the other hand, TON is also called Telegram coin .