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The Free Ton project arose on the basis of the concept and code base Telegram Open Network after the closing of the Pavel Durov project. Its main difference is in decentralized management based on competitions.
For the first time, work on Telegram Open Network became known at the end 2017 of the year. Development went on money, collected on several closed rounds of Tokenskail (Only about $1,8 billion). Officially, the Telegram team did not comment on the course of work - only occasionally in the media some details leaked to the media.
At some point, a white book fell on the Internet (White paper) TON. Together with another documentation, it was subsequently published on the website Test.ton.org - the only official source of information about the project. There, the developers posted the open code of the ton components as they readily. The updates continued even after the start of the trial with the American SEC regulator, who accused Telegram of the sale of unregistered securities on the eve of the Ton network in October 2019 of the year.
Judicial ban on the distribution of Gram (Ton tokens Ton) And the accusations by the SEC never allowed Pavel Durov to launch the project. After several court hearings at the beginning 2020 The year Pavel Durov officially announced the closure of Telegram Open Network.
Launch Free Ton
On this, the story of Telegram Open Network would end, and the work of hundreds of programmers along with the unique design of the Ton ecosystem, described in the White Book of the project Nikolai Durov, Could be lost.
An important principle helped to avoid this, adhered to Telegram. Pavel Durov understood, that Ton will not be able to become the leader of the crypto industry, If you do not make an open and decentralized project. To do this, it was necessary to develop an active community. Therefore, even during the creation of Ton, the Durov team attracted third -party developers' teams. They not only studied well, How Telegram Open Network works, but also contributed to the development.
It is these companies, Using the open source code of the finished ton components, In early May 2020 years launched the Free Ton network. Actually, They inhaled a new life into the development of the Pavel Durov team. To avoid problems with the law, The legal structure decided to refuse, and also released a new token instead of Gram - Crystal. The technical base of Free Ton at the same time corresponded to the "classic" ton, What did Telegram conceive.
In total, the founders of Free Ton performed more 20 various organizations. Among them was, in particular, Ton Labs, which has been responsible for creating the Ton OS operating system and a number of other Ton technical components - for example, compiler for smart contracts on Solidity and LLVM, as well as a set of tools for developers (SDK). Also in the list of founders - Broxus, Cyberway, P2P.org, Sure one, Dokia Capital and others.
Multilayer blockchain, Charding and staying
Telegram Open Network conceived as a third-generation blockchain project after Bitcoin and Ethereum with wide scaling and decentralization capabilities. This principle was inherited by Free Ton. The network consists of three parts: Masters (masterchain), VORERTCHINOV (workchain) And Shardchanov (shardchain).
Masterchain - the main blockchain of the network, in which the main data is stored, such as the current version of the protocol and its parameters, Information about validators, steaks, etc.. He controls the interconnectedness and relevance of all other parts of the network. Shardchans form a "basic" level. Each Shardchain is a chain of blocks, in which data on user addresses are stored. Shardchans can differ from each other's rules of work and parameters, But the same ball -shaped combers are combined into workshops (There can be several of them too).
Charding is initially built into this multilayer structure - the ability to significantly increase the performance of the network with an increase in the load. Free Ton capacity can reach a million transactions per second. Tests, spent shortly after the launch of Free Ton, showed the ability to increase network performance before 10 thousands of transactions per second.
Since Free Ton is designed to work a large number of decentralized applications, It would be impossible to achieve this goal without an effective system of smart contracts. Almost every element in Free ton (Including user wallets) It is a smart contract.
Free ton was built on varieties of the Proof-OF-Stake algorithm (more precisely, "Byzantine failure", или Byzantine Fault Tolerance) called Catchain, also invented by Nikolai Durov.
Validators are responsible for generating new blocks and verification of blockchain data in Free Ton. To participate in the stake of Crystal coins, you need to block in a special smart contract. But for that, to become a validator, It is necessary to control the knot with a large sum of coins in a steak.
Therefore, Free Ton operates deputy (DePool) -Smart contracts, which are controlled by validators and thanks to which the holder of even a small amount of Crystal can take part in stakeing. To receive staying income, It is enough to send your coins to the deputy through a third -party service, which supports Crystal stake. And recently, the stakeing function was added to the official wallet of the ecosystem - Ton Surf.
Competitions instead of ICO
How to develop such a complex technical product and increase the community without financial support? The answer lies in the special method of distributing Crystal tokens.
The founders of Free Ton fundamentally refused to conduct ICO or build a classic business by attracting investment. Instead, they decided to focus on the technical development of the protocol. And the community is responsible for the development of applications and other components.
As an incentive for community growth and development, Free TON uses a meritocratic model for the distribution of Crystal tokens. Its essence is, what 85% coin issues are issued as a reward to those, who contributes to the development of Free TON. To receive this award, you need to become a winner of one of the competitions, which is carried out by the project community.
Any user can propose an idea for a competition. He must formulate the task and the deadline for its completion., indicate the criteria for winning, offer a prize fund. The competition proposal is published on the Free TON forum, where users discuss it and modify it if necessary. After this, the proposal is put to a vote via the blockchain.. If the project is approved, collection of applications begins.
Control system
Competitions are the main tool of the flexible Free TON management system. It consists of two levels: at the first level there is a council of project founders (English. Governance), which solves the problems of developing technical infrastructure. At the second level there are a large number of self-governing “working groups”, "sub-divisions" (English. Sub-governance), which unite to develop narrow areas. for instance, there is a working group, dedicated to creating DeFi services, group for developers and so on.
Each of these groups has an elected “council” of the most active users, who formulate ideas for new competitions and evaluate other proposals.
Anyone can send their work to the current competition - to do this, you just need to indicate your wallet address in the application, where will the reward be credited if you win?. You can get the address in any wallet that supports Crystal tokens (We recommend using the most popular ones - TON Surf or Crystal Wallet). All works are published on the Free TON forum, to the competition pages. After the collection of applications is completed, their public evaluation begins: each jury member casts a vote for one of the works, explaining your choice. There are often several prizes.
Rewards for winning and the role of blockchain in voting
The topics of the competitions are very different. So, in October there was a competition for a new design of the Crystal Wallet - the first place winner received 25000 Crystal tokens, which is about $15000 at the current course. And this is just the average reward size.
From August to September there was a competition to create the Free TON Wiki website, which later became the official encyclopedia of the project. At the same time, developers could take part in a competition to create a set of smart contracts for atomic swaps between Free TON and other popular blockchains.
Several competitions are currently in the active phase - for example, to create an NFT marketplace or develop a Free TON wallet extension for the Google Chrome browser. You can follow the progress of competitions and the publication of new competitions on the website of the Free TON management system.
The voting process takes place on the Free TON blockchain, that is, completely transparent. The evaluation of each work by a jury member occurs in the form of a transaction, in the description of which he also indicates the reason for his decision. The voting results with all the details can be viewed even after the end of the competition.
In this way, Free TON contests don't even kill two birds with one stone, and three at once. First of all, they help solve specific problems of ecosystem development. Secondly, identify the best applicants to receive Crystal tokens. Thirdly - and this, perhaps, most importantly, they stimulate the natural development of the project. The most worthy are determined in conditions of fair and open competition, and for their efforts they receive a worthy reward.
Thanks to the meritocratic distribution of Crystal tokens, Free TON is today a blockchain ecosystem with one of the largest decentralized communities. The latest news about Free TON can be found on the project blog.