The TON Foundation integrates end-to-end encryption for secure messaging on the TON network, enhancing user privacy and expanding accessibility to a wide range of users.
Important Points
- TON Foundation integrates end-to-end encryption for secure messaging on the TON network, enhancing user privacy.
- The network fee for delivering encrypted messages on TON is approximately 0.006 Toncoin (TON) per transaction, making it accessible to users.
- TON distinguishes itself by ensuring message delivery and encryption even in the absence of conventional messenger servers.
- Various crypto wallets and upcoming updates will support the newly introduced encryption feature on the TON blockchain.
The non-profit association behind The Open Network (TON), the TON Foundation, has announced the integration of messenger encryption on its network. This move aims to enhance user privacy by implementing necessary safeguards in transaction messages.
TON Foundation Introduces Encrypted Transaction Messages👇💎https://t.co/HXKtk0gxKC pic.twitter.com/0z1z4E5ku1
— TON 💎 (@ton_blockchain) July 3, 2023
End-to-End Encryption for Secure Messaging
The newly introduced feature utilizes end-to-end encryption, ensuring that only the sender and recipient can access the message. This significantly improves security levels for TON’s user base.
The network fee for delivering an encrypted message via TON is approximately 0.006 Toncoin (TON) per transaction. This low price is expected to make the service accessible to a wide range of users across the network.
According to Anatoly Makosov, core developer at TON Foundation, the integration of full encryption for messaging sets TON apart from most other blockchains. He reassures users that even in the event of an apocalypse or the failure of conventional messenger servers, they will still be able to send messages via the decentralized TON blockchain. These messages will be reliably delivered and protected through encryption.
The foundation statement reveals that various crypto wallets and standard web and desktop wallets, such as Windows, MacOS, and Linux, have already embraced the encryption feature. Furthermore, upcoming updates for TON mobile wallets and the Tonkeeper wallet will also support message encryption.
TON’s Journey Towards Evolution
The TON blockchain, initially created by Telegram, had a challenging start and was ultimately taken over by the community as an open-source project after Telegram’s withdrawal. Despite these initial setbacks, the TON Foundation has managed to secure several partnerships.
One significant partnership involved DWF Labs, a market maker in the blockchain industry, which invested $10 million towards TON’s development in November last year. DWF Labs plans to participate in approximately 50 seed investment rounds within a few months, focusing on accelerating the scaling of the TON ecosystem and associated projects.
Recently, TON introduced the “TON Accelerator Program,” a $25 million fund designed to invest between $50,000 and $250,000 per project. Additionally, the program offers partnerships and mentorships from TON’s staff to selected projects.
TON Foundation’s integration of messenger encryption showcases their commitment to strengthening user privacy on the network. With the support of various wallets and strategic partnerships, TON aims to continue evolving its ecosystem and fostering innovation within the blockchain industry.
