Cryptocurrency change that supports Toncoin trading. Preliminary verification is required through a phone quantity to access trading and the power to withdraw and deposit forex, however all this is offered only in cryptocurrency (i.e. it will be doable to deposit / withdraw money, however you should have to use third-social gathering crypto exchangers). For transactions with fiat funds, full verification with documents is required.TON’s third technology blockchain shall be based mostly on a dynamic ‘proof of stake’ secured by multiple parties with a high degree of fault tolerance. It may also handle storage of ID, payments and good contracts. So, as an alternative of relying on proof of labor to create its currency, Telegram will rely on a brand new, much less vitality-hogging manner of mining cryptocurrency than the unique Bitcoin method.I am writing this publish to officially announce that Telegram’s energetic involvement with TON is over. You might even see - or might have already seen - websites using my identify or the Telegram brand or the "TON" abbreviation to promote their tasks. Don’t belief them together with your cash or information. No present or previous member of our staff is involved with any of those projects. While networks primarily based on the know-how we built for TON could appear, we won’t have any affiliation with them and are unlikely to ever support them in any way.