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The Open Network
TON, also known as The Open Network (previously Telegram Open Network), is a peer-to-peer, decentralized layer-1 blockchain. TON was originally developed by Nikolai Durov who is also known for his role in creating the messaging platform, Telegram (software), Telegram. Telegram had planned to use TON to launch its own cryptocurrency (Gram), but was forced to abandon the project in 2020 following an injunction by US regulators. The network was then renamed and independent developers have created their own cryptocurrencies and decentralized applications (dApps) using TON. Toncoin, the principal token of The Open Network is deeply integrated into the Telegram messaging app, used for paying rewards to creators and developers, buying Telegram ads, hosting giveaways or purchasing services such as Telegram Premium. History The Open Network (TON) began in January 2018 when Telegram Messenger Inc. and TON Issuer Inc. started selling “Gram” tokens to finance development of ...
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Nikolai Durov
Nikolai Valeryevich Durov (; born 21 November 1980) is a Russian programmer and mathematician. He is the elder brother of Pavel Durov, with whom he founded the social networking site VK and later Telegram Messenger. Early life and education Nikolai is the son of Valery Durov, a Doctor of Philological Sciences and a professor of philology during Nikolai's time at Saint Petersburg State University. As a youth, he reportedly could read at an adult level by age three and solve cubic equations by age eight. Competing as "Nikolai Dourov", he won the gold at the International Mathematical Olympiad in the three years he participated of 1996, 1997, and 1998. Furthermore, participating in each yearly contest from 1995 through 1998, he accrued three silver medals and one gold medal in the International Olympiad in Informatics. With his friend Andrey Lopatin, Durov was a member of the Saint Petersburg State University ACM team, which won the gold at the ACM International Collegiate ...
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