Hello Great Steemians. |
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Good evening all great steemians from Nigeria, how are you all doing today? Hope you are all having your best day. It's a pleasure and a great delight to know you're all doing great.
So today it's my greatest pleasure to be a partaker in this amazing contest here in the STEEM4BLOGGERS community with the theme
THE TECH QUIZ
Under today's awesome tech quiz I will be talking about the TON Blockchain.
WHAT IS TON BLOCKCHAIN? |
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The TON Blockchain is known to software computated machine with an almighty server programmed for the purpose of dealing with transactions that runs from millions, even into billions per second, with a unique super secured and fast decentralized applications, some of which are DeFi and DAOs. This blockchain network also make use of sharding for scalability and also a Proof of Stake (PoS) mechanism to secure, energy-overloaded transactions.
The TON blockchain works by using a proof-of-stake computed consensus algorithm, which holds validators responsible for all transaction verification and also programming new blockchains, and this validators are selected through the amount of TON they possess or are willing to stake. This method is also known to be energy-effficient.
FUTURE OF TON BLOCKCHAIN |
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Honestly speaking the TON blockchain newtwork has had an awesome week, it is now being listed among the top ten cryptocurrency in the world because of it's rising value of now that estimated in the future even as under famous cryptocurrencies like BNB and Shiba Inu keeps dropping. One famous analyst made the notion of the crypto coin to keep getting better.
An illustration is in the recent estimation by the Toncoin price forecast indicating that its value will increase by 12.04% that is it will reach $8.75 by June 19, 2024. Although the current price of Toncoin is $6.53.
AM I MINING ANY PROJECT ON TONCOIN BLOCKCHAIN? |
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Currently I am not mining any project on the platform at the moment. Although I am mining coins but not exactly on the platform, but on platforms I actually do prefer based on their liquidity potential.
There you have it; my entry to the contest. I hope you enjoyed your read, and if you do remember to drop a comment.
MIND YOU
Don't forget to follow @lordmarvel.m135 that's the only support I need from you.
I would like to invite my friends here on Steemit;@vincio-stratic, @oblessgod, @zernish5021 to partake in this contest.