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@catchain

CAT — TON Validator, Apps and News

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PostedFeb 402/04/2024, 01:05 PM
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Let's take a step back and look at the origin of the most significant event in the TON Community in recent years. The TON Base channel owner announced the start of the Jetton revolution and subsequently initiated a fair distribution of the GRAM coin through mining smart contracts, similar to those used by the Telegram team to distribute TON emission. Some time ago, a brilliant idea struck me: what if we revive mining in TON and allow token mining with PoW Givers, similar to what was done before with TON. As a result, the current smart contract pow-testgiver was modified, and now anyone can deploy the contract, send tokens to it, and start PoW mining. The giver smart contract has been tested and is ready for use; it will be published soon. Currently, a wrapper is being prepared for easy configuration and deployment. Afterward, gramcoin.org became the first implementation of such a distribution method and achieved overwhelming success within The Open Network community. Currently, only 16% of the emission has been mined, and further mining will proceed at a much slower pace, making $GRAM an even more independent coin, owned by the community.