TON network announces its new encrypted messaging feature

TL;DR Breakdown

  • TON Network has announced the release of a new encrypted messaging feature within its network.
  • The foundation wants to drive growth with the new feature.

Description

The TON network, developed by the TON Foundation, recently unveiled a new on-chain encrypted messaging feature, allowing users to send private messages within the network. TON, which originated from code created by the Telegram instant messaging app team, was forked and open-sourced after Telegram abandoned the project in July 2020 before its mainnet launch. TON … Read more

The TON network, developed by the TON Foundation, recently unveiled a new on-chain encrypted messaging feature, allowing users to send private messages within the network. TON, which originated from code created by the Telegram instant messaging app team, was forked and open-sourced after Telegram abandoned the project in July 2020 before its mainnet launch.

TON network rolls out a new encrypted feature on the network

The TON Foundation has since taken charge of building the current TON network, which is designed to provide greater scalability and transaction throughput while maintaining decentralization within the Web3 ecosystem. Previously, TON users could send messages in transactions, but these messages were publicly visible. The newly introduced feature now enables end-to-end encryption of messages, ensuring that only the intended recipient can read them.

According to Anatoly Makosov, a core developer for TON, the encrypted messaging feature adds a level of personalization to transactions. Users can include personalized texts such as “for coffee” or “happy birthday” when sending Toncoin, Jettons, or NFTs on TON. This popular feature has now been enhanced with full encryption, enhancing privacy and security.

Additionally, Makosov highlighted that the encrypted messaging feature could serve as a reliable method of communication in extreme scenarios like an “apocalypse” where traditional messenger servers fail. In such cases, TON can provide a safeguarded and dependable platform for private communication. To access the encrypted messaging feature, users can currently utilize various retail wallet apps, including MyTonWallet, OpenMask, and TON Wallet. The TON Foundation plans to incorporate this feature into the mobile wallet Tonkeeper through upcoming updates, as stated in the announcement.

The foundation wants to drive growth with the new feature

In line with efforts to foster network growth, the TON Foundation launched a $25 million accelerator program in May. The program aims to incentivize app developers to build applications on the TON network, further expanding its functionality and user base. Furthermore, in November, an independent development team introduced a Telegram trading bot to facilitate user onboarding to TON.

By integrating on-chain encrypted messaging, the TON network demonstrates its commitment to privacy and security, catering to users’ increasing demand for enhanced data protection. This feature aligns with the broader industry trend of prioritizing user privacy and confidentiality within blockchain networks.

As the TON ecosystem continues to evolve, the introduction of new features and developer initiatives is expected to contribute to its growth and adoption. The TON Foundation remains dedicated to establishing TON as a robust and decentralized network, offering scalability, transaction throughput, and now, encrypted messaging capabilities. With TON’s ongoing advancements and the expanding range of applications built upon the network, it will be interesting to observe how the project progresses and how the blockchain community responds to its innovative features and potential use cases.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

文章来源于互联网:TON network announces its new encrypted messaging feature

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年7月6日 16:47
Next 2023年7月6日 17:52

Related articles

  • Binance Australia’s head is optimistic about crypto regulation

    TL;DR Breakdown Ben Rose, Binance Australia’s General Manager, is optimistic about the future of crypto regulations in Australia despite current challenges. Binance Australia faced issues when traditional banking entities pulled their support, citing concerns over scams and frauds. The exchange is focused on restoring its banking ties and reintroducing fiat ramp services for its Australian users. Description In the midst of turbulence in the crypto sector, a silver lining emerges from Down Under. Ben Rose, the General Manager of Binance Australia, displays an unwavering optimism regarding Australia’s impending regulations on digital assets. While the crypto world has faced challenges from both the financial and regulatory sectors, Rose remains steadfast in his belief … Read more In the midst of turbulence in the crypto sector, a silver lining emerges from Down Under. Ben Rose, the General Manager of Binance Australia, displays an unwavering optimism regarding Australia’s impending regulations on digital assets. While the crypto world has faced challenges from both the financial and regulatory sectors, Rose remains steadfast in his belief that the tides will turn in favor of the crypto…

    Article 2023年9月2日
  • California Revises Cryptocurrency Campaign Donation Policies

    TL;DR Breakdown California now allows campaign donations in cryptocurrency but mandates immediate conversion to US dollars and requires donations to come through US-based payment processors adhering to KYC policies. While states like Minnesota, Arizona, and Colorado are embracing crypto donations, others like North Carolina and Oregon have banned the practice over transparency concerns. Description In a significant move, the California Fair Political Practices Commission has unveiled its updated policies on cryptocurrency donations for campaigns. This comes as a response to the growing prominence of digital currencies in the financial landscape and their potential influence on political campaigns. The updated guidelines provide a more explicit framework for candidates and committees … Read more In a significant move, the California Fair Political Practices Commission has unveiled its updated policies on cryptocurrency donations for campaigns. This comes as a response to the growing prominence of digital currencies in the financial landscape and their potential influence on political campaigns. The updated guidelines provide a more explicit framework for candidates and committees in California, ensuring transparency and adherence to federal regulations. Contents hide 1 A…

    Article 2023年8月12日
  • Bitcoin Price Analysis: BTC Token Surges to $27,845 as Buying Pressure Increases

    TL;DR Breakdown The Bitcoin price analysis shows a bullish movement at press time. BTC/USD gains value above $27k with an increase of 2.20%. Support for cryptocurrency is present at the $27,192 level. The latest Bitcoin price analysis reveals that the market is gradually climbing higher. The buying pressure on the BTC token has intensified as it surged to $27,845, with a gain of 2.20%. The Buying pressure is likely to increase even further as buyers look to capitalise on the current market momentum. The bull had hit an intraday high of $28,432 earlier today when the buying pressure heightened; however, the token failed to break beyond that level. The next level to watch for BTC will be around $29k as more buyers come into the market expecting further gains. The current support level lies at the $27,192 mark, and if the buying pressure can hold up above that level, then we could see a new all-time high for BTC tokens very soon. Bitcoin price analysis 24-hour chart: BTC struggles to break the $29k resistance The daily chart for Bitcoin price…

    Article 2023年6月1日
  • South Korea’s Busan City embarks on ambitious journey to become a blockchain hub

    TL;DR Breakdown Busan City in South Korea is developing a city-level public blockchain mainnet compatible with global platforms like Ethereum and Cosmos, aiming to consolidate various blockchain-based services onto a single platform. The city has allocated a 100-billion-Korean-won ($75 million) budget for this initiative under the Blockchain Innovation Fund (BIF), with plans to raise additional funds through investments from public financial institutions and nearly 100 interested private companies. Alongside the blockchain development, Busan also plans to launch a digital asset exchange by the first half of 2024, initially focusing on tokenized commodities like gold, copper, and oil, with future plans to include intellectual property rights and carbon emissions rights. Description Busan City, South Korea’s second-largest city, has announced plans to develop its own blockchain mainnet. The initiative aims to consolidate various blockchain-based services under a single, city-level platform that is compatible with global blockchain mainnets like Ethereum and Cosmos. Busan City has been a special blockchain regulation-free zone, experimenting with various blockchain-based projects such as … Read more Busan City, South Korea’s second-largest city, has announced plans to develop its…

    Article 2023年9月22日
  • U.S. and China’s little money magic friendship strategy

    Description It seems the tides might be shifting in the stormy sea of U.S.-China relations. Both superpowers, technically arch-rivals on the world stage, appear to be quietly rolling out a strategy to mend fences. The point of this endeavor? Apparently economic and financial cooperation. I’m gonna tell you all about it. Contents hide 1 Covert Moves … Read more It seems the tides might be shifting in the stormy sea of U.S.-China relations. Both superpowers, technically arch-rivals on the world stage, appear to be quietly rolling out a strategy to mend fences. The point of this endeavor? Apparently economic and financial cooperation. I’m gonna tell you all about it. Contents hide 1 Covert Moves Toward Collaboration 2 Sowing Seeds of Dialogue and Stability 3 Past Frictions and Future Hopes 4 Keeping an Eye on China’s Internal Dynamics Covert Moves Toward Collaboration Recent developments hint at a newfound willingness from both Washington and Beijing to engage constructively. The U.S. Treasury Secretary, Janet Yellen, and China’s Vice-Premier, He Lifeng, have been selected to spearhead two working groups devoted to addressing pressing economic…

    Article 2023年9月23日
TOP