CAT — TON Validator, Apps and News

🌎 In the fight for the bigger piece of the pie, platforms that offer people all the demanded features in one place will always win – just as once the entire Internet was caught by social networks, and finances were taken by banking apps. Currently, the cryptocurrency consists of thousands of fragmented projects, and only a few of them are able to unite the entire industry. News about the upcoming feature to transfer NFTs from other networks to TON confirms that the process has already begun. In addition, the newly established Ecosystem Reserve Fund has received over $1,000,000,000 in just two weeks – these funds will be used to develop new services and partner with market leaders.

⚡️ Today @wallet presents integration TON wallet into the Telegram attachments menu. With this feature you can send cryptocurrency to any user in the messenger. @catchain

⚡️Cameroon, Congo and the Democratic Republic of the Congo will implement TON blockchain and TON cryptocurrency at the state level. — link

🔥 The $250 million Toncoin Fund will be launched on April 11th to support teams developing WEB 3.0 projects based on TON. @catchain

🐬@CryptoBot developers have launched a crypto exchange in Telegram. Now you can trade TON/USDT by creating limit orders right in the bot.

‎👨‍💻New Era of DeFi · Developers have releasedsmart contracts for tokens and NFTs, and shared details about their development. Tokens in TON are built using a new architecture: they are fast, cheap, functional and super-scalable. Read more here ›

🧬 Guided by transparency principles, we decided to open sourcetonscan.org explorer, which has already become one of the most popular services in TON ecosystem due to its convenience and ease of use. What else is new in this update: — Button to view QR code on the page of any address, — SCAM tags for addresses associated with fraud, — Names for addresses belonging to popular services, new ones can be added by creating a pull requests.

👾 We rarely talk about NFT on this channel. The reason for that is simple: 98% of the projects appeared before the release of the smart contract do not have any unique idea or interesting integration. We can find similar projects in other blockchains. TON attains top-notch positions in everything from technology to marketing, and the NFT smart contract is no exception to that rule. The prospect of turning NFTs into something more inspired us to launch the world's first customizable NFTs. 📍 Read more at https://blog.ton.cat/rich-cats

💸 The current situation in Eastern Europe once again proves the advantage of decentralized systems. Ordinary people are affected by the decisions of politicians who can devalue all their savings with one wrong action. On the other hand, money is controlled by banks, which can freeze accounts at their discretion, as well as charge huge fees and impose other restrictions, that looks especially ridiculous in our digital age. Fiat money is living out its last days, soon money will belong to people again. #BuyTON

🗂TON Scankeeps getting stronger and receives new features. 1. Each transaction now has its own page with a link. To get a link to the transaction, press 🔗 button on the page of any address. 2. Added a page with a list of all blocks and pages with details of each block in the blockchain.

3 Reasons Why Bitcoin Will No Longer Be the #1 Сryptocurrency Soon 1. Degradation Behind every good product there is a visionary who sets the direction for further development. You won't have to go far for examples – Ethereum has Buterin, Telegram has Durov, and Apple had Jobs, – after his resignation the company stopped taking risks and releasing innovative products, now the company is stagnating, despite its value. We see a similar situation in Bitcoin: the lack of significant updates and a full-fledged development team. Enthusiasts are not rewarded in any way for their efforts, there is neither a development fund nor a program to support initiatives. All this leads to the fact that it's more interesting for developers to create products within other blockchains – and one of them is The Open Network. 2. Centralization Another factor slowing down the development of large cryptocurrencies is the outdated PoW consensus – now it has become a big obstacle to scaling, as well as a reason for attacks from environmental activists and authorities in different countries. The PoW algorithm also poses the greatest centralization risks. Industrial mining farms, just 5 of which already control most of Bitcoin network, will always be more vulnerable compared to hundreds and thousands of PoS validators that can be deployed on almost any device anywhere in the world, with minimal energy and maintenance costs. TON blockchain was originally designed with PoS algorithm, and PoW mining is used here only as a method of initial emission distribution, which should be completed this summer. 3. Limitation Furthermore, wrapped tokens are actively developing – so instead of using 10 different blockchains, you can transfer all coins to one fast and cheap blockchain, then send, receive and manage them in a single interface, paying fees in any coin, and if you wish, you can transfer coins back to the original blockchain. All this will become possible in TON in the near future, when the TON's extracurriencies and tokens service will be launched. The market history is cyclical, and sooner or later the giants of the industry will retire, opening the way for new technologies. It's time for a new generation of blockchains.

⚡️Introducing tonscan.org Explorer is one of the most important technical products for any blockchain that allows you to track transactions and balances of all addresses. TON Scan is the new explorer for TON network, which is now used as the default on ton.org website. You can start integrating it into your own services. 🗂TON Foundation address › In the near future, TON Scan will receive new updates including features to support NFTs and custom tokens. Stay tuned.