AMA with Ton

On the 22th of February, 2022 at 16:00 UTC, Decentralized Club had the honor of hosting Ilya Mouzykantskii from TON for an Ask-Me-Anything session on their Telegram page with a community of over 70,000 people. It was hosted by DC Admin, May.

The session was divided into three segments. Introductions were made in Segment 1, questions from the Twitter community were answered in Segment 2, and live questions from the community members in attendance were answered in Segment 3.

If you missed this event and would like to know what TON is all about, you can find a recap of the interview here. Information here should be researched and should not be taken as investment or financial advice. Also note that slight edits have been made for clarity, and links in this recap lead to images, documents, or other media.

Segment 1 - Introduction

[May]

Hello, 大家好, नमस्ते, Selamat!

It's your favorite host, May, again 🥳

We're expecting an amazing session with the guest from TON today!

If you're excited, react to this message 🥳

Our guest today is @tonicadmin!

You're welcome to the Đecentralized Člub

[May]

https://t.me/decentralized_club/732658

[Ilya]

Hi everyone!

Ilya here, good to meet all of you.

[May]

Mr. Ilya, it's a pleasure to host you today!

How's your day going?

[Ilya]

Fantastic, thank you! Very busy on this end as well. How about yours, May?

[May]

It's going great! We've been preparing for this session :)

[Ilya]

Excited to get started.

[May]

Can you start by introducing yourself and your role at The Open Network?

[Ilya]

Of course. I'm Ilya, I'm a consultant to the TON Foundation, which means I help the foundation with all sorts of tasks related to BD, Partnerships, Developer Relations, PR and marketing. I'm also the founder of @toniccx - The Open Network Independent Cooperative, an organization for English language developers looking to get started building on TON.

[May]

This is awesome!

It's an honor to have you in our community!

Let's get right into the session with Introduction to TON 101 😄

Can you briefly tell what TON is about? We would like to know more about it and the inspiration that birthed the project.

[Ilya]

Of course.

TON (The Open Network) is the successor of Telegram Open Network, the third gen PoS L1 designed by the Telegram team back in 2017-8. TON is a fully functional and live L1 chain featuring cheap and fast transactions, sharding, hypercube routing, and the support of external messages.

After Telegram was forced to abandon work on Telegram Open Network, an open source grass roots community continued to realize the vision behind TON as detailed in extensive documentation created by Nikolai Durov, brother of Pavel Durov, founder of Telegram. In June 2021, one of TON's leading grass-roots developers requested that Telegram hand over the ton.org domain and the github repo to the open source community, and Telegram obliged. And In December 2021, Pavel Durov endorsed TON, saying that the grass-roots team had the ability to build something "epic".

TON is about bringing a Proof of Stake L1 blockchain to Telegram's half a billion monthly active users. We're pleased to be endorsed by the Telegram CEO, and we focus our product efforts on Telegram's open development platform. We think TON will be the first L1 to reach mass adoption and break out of the crypto-native bubble, and we think Telegram will be the way this happens.

[May]

👏🏻👏🏻👏🏻

An impressive opener!

What are the innovative solutions that distinguish The Open Network from other blockchains and what competitive advantages do you have?

[Ilya]

As far as third gen PoS chains go, TON has all the key features one would expect -- it is fast, it is very cheap to transact with, and it supports all kinds of complex on-chain mechanics. For me, the most interesting aspect of TON is its dedication to integration with Telegram. With 500m monthly active users, we think Telegram is the conduit to mass adoption, and that's the key differentiating factor.

[May]

Beautiful!

It's a real innovation!

Can you tell us about your NFT features?

[Ilya]

Ah, NFTs.

What would we do without them?

Nobody knows!

The TON crew have been very hard at work on all things NFT.

We have a standard for NFTs which recently reached Release Candidate (RC) stage: https://github.com/ton-blockchain/TIPs/issues/62. It's been worked on by dozens of talented developers and NFT industry professionals, and TON has a burgeoning ecosystem of close to 100 NFT projects (listed at https://getgems.io/ and ton.app).

We hope to have NFTs on TON work well with Telegram using Telegram's Open Platform Development tools, but that's all that we can share at the moment.

For the technical folk among you, check out https://github.com/ton-blockchain/TIPs/issues, where you will find the latest proposals among core developers for the TON NFT data standard, as well as proposals around NFT Bounceability, Royalty Management, Upgradability, and Editability.

[May]

We appreciate it nonetheless!

How do we acquire your native project token and why is it important to hold it from an investment point of view?

[Ilya]

You can buy Toncoin, the native currency of the TON blockchain, on major exchanges such as FTX, OKX, Gate.io, as well as wrapped versions of Toncoin on DEXs like Uniswap and PancakeSwap. You can find a full list at https://ton.org/coin. You can also use Telegram bots such as @wallet and @cryptoBot to buy and exchange Toncoin for fiat.

[May]

So many major exchanges! Impressive 👏🏻👏🏻👏🏻

What are the 2021 highlights from TON and what should we look forward to this year?

[Ilya]

2021 was the year that TON was essentially reborn -- Telegram transferred the domain and github to the open source team, the TON Foundation was formed, and the mainnet was launched. 2022 will be a fantastic year - there's so much ahead, both in developing dApps for TON and reaching mass adoption by using Telegram's open developer platform.

[May]

Looking forward to it all!

Let's now take some questions from our Twitter community!

Are you ready?

[Ilya]

Always

[May]

https://t.me/addstickers/Cheese

Segment 2 - Twitter Questions

[May]

You say that TON is a third generation proof-of-participation blockchain designed in 2018 by the Durov brothers, the founders of Telegram Messenger, but really what guarantee will we have that this very technology, was the one created by the Durov brothers and not a scam?

Twitter Username: @AugustK95

[Ilya]

Good question. I think there's two things that point to this -- first is TIP33, where our open source developers ask the Telegram team to hand over the domain and Github. Anyone can view the conversation here: https://github.com/ton-blockchain/TIPs/issues/33. You can also check out Pavel Durov's official channel where he endorses TON at https://t.me/durov/175.

https://www.coindesk.com/business/2021/12/23/telegram-ceo-endorses-ton-blockchain-spinoff-toncoin/ < Also worth a read.

[May]

👏🏻👏🏻👏🏻

How can users stay up to date with this project? Are there channels, including local communities, where users can get the latest updates?

Twitter Username: @SohanHasan22

[Ilya]

There's a lot of ways to stay up to date! I'd recommend following @toniccx (The Open Network Independent Cooperative), as well as key English channels @tonblockchain and @toncoin. There are over a million followers of TON channels on Telegram, so feel free to find the one in your language that works best -- there's an exhaustive list at ton.app.

[May]

Got it!

tell me

AUDIT plays an important role in enhancing the stability for any project, Do you have AUDIT Certificates? Or are you working to AUDIT your project. to make it secure. trustworthy & reliable??

Twitter Username: @AlMomin13556412

[Ilya]

Audits are very important, and I know the foundation team is working with multiple different companies on getting a full audit completed. But auditing an L1 of the size and scope of TON is complex work and takes time and effort. Expect to hear more news on this later this year.

[May]

Staking programs are very important for any project. Can I stake your token ? Do you have any plan of starting a staking programme?

Twitter Username: @HoseanSejan

[Ilya]

TON is a proof of stake chain. You are able to start up a validator and . There is also a way to nominate a validator to be in charge of your stake. The Foundation is also working hard on releasing Nominator functionality soon, which lets users delegate their Toncoin to validators in the network. Stay tuned to official channels for updates.

[May]

👏🏻👏🏻👏🏻

Too many projects promise magic but never release any working product or prove any revenue, Within a short/long time of release. Is your project also like this? If not can u tell us, What makes @ton_blockchain project different from other projects?

Twitter Username: @Cina656

[Ilya]

This is one of my favorite questions. In short, TON mainnet is live and functional, with over 200k wallets that have transacted with the network. You can see our network at tonmon.xyz, you can spin up a validator and be part of our Proof of Stake chain. Come build on TON, @Cina656!

[May]

Concise but amazing answers!

This session is going really smoothly!

Are you having a great time with the questions?

[Ilya]

Of course.

[May]

Awesome!

In this 3rd segment, I will open the group for some seconds for the live community to shoot you some pressing questions.

Please pick five original questions to answer.

Try to ignore generic, vague, and copy-paste questions 😊

[Ilya]

OK, let's give it a shot.

Please include an emoji with your question so I know you read this message.

[May]

What’s your favorite dessert?

[Ilya]

Crema catalana!

[May]

Dear community, please include the guest’s answer in your questions along with an emoji 🥳

The group will be unmuted shortly

[May]

https://t.me/decentralized_club/732730

---Chat was then opened for the live community to send in their questions---

Segment 3 - Live Questions

[May]

Dear guest, as a measure to deter bots and reward hunters, your favorite dessert (Crema Catalana) and an emoji has been included in the questions so you can tell original questions apart!

Please prioritize such questions 🙂

[Dan]

💎💎crema catalana!

Do you have a white paper where I can make more research about TON

If yes kindly share thanks.?

[Ilya]

OK, here's an easy one to start. ton.org/docs has all the documentation about TON you need, including the original PDF whitepaper: https://newton-blockchain.github.io/docs/ton.pdf

[Odion]

Can you talk more about TON Mining? How can one participate in your mining program?🙋‍♀

crema catalana!

[Ilya]

Good question. There are about 30m Toncoin waiting to be mined in PoW contracts. You can learn more about how to get started at ton.org/mining.

[Phunsuk]

Please tell me About The TON NFTs? How can we acquire the TON NFTs and can you tell me some important benefits of The TON NFTs? Crema catalana

[Ilya]

So getgems.io is the best list of NFT projects on TON I've seen, but ton.app has a list too. You can click on the project that's of interest and buy there

[May]

Keep ‘em coming 🥳

[Nimsa]

Crema catalana 🍊

Mr. Mouzykantskii, how big is the TON Team? Is it global or is it a small group of people working magic from remote locations in the same country?

And are you also hiring devs or content creators? Thanks!

[Ilya]

TON is hiring! Check out http://ton-foundation.breezy.hr/ for vacancies.

[Temitope Awoyinka]

🔥crema catalana!

Community plays an important role in the development of project

How important do you consider the community, do you support community feedbacks and suggestions

Are you a decentralized platform?

[Ilya]

There's a lot of ways to stay up to date! I'd recommend following @toniccx (The Open Network Independent Cooperative), as well as key English channels @tonblockchain and @toncoin. There are over a million followers of TON channels on Telegram, so feel free to find the one in your language that works best -- there's an exhaustive list at ton.app.

I think that's about all I have time for!

Thanks so much to @MsMayMay, you've been such a wonderful host. I had a lot of fun!

[May]

Thank you so much Sir!

I had a great time! You gave very detailed and amazing answers!

Our warm regards to the rest of the awesome team at the TON HQ working tirelessly to make this project a success!

Until next time, do have a great day!

[Ilya]

Thanks everyone.

[May]

The AMA with TON is now over 🥳

--

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