TON Foundation introduces a decentralized data storage ecosystem
The project is a peer-to-peer file sharing system on the TON blockchain
05.01.2023 - 15:40
829
1 min
0
TON Foundation, the proof-of-stake blockchain conceived by Telegram Messenger founders, is starting a data storage ecosystem called TON Storage.
The project aims to enable users to exchange files of any size while providing financial incentives to node operators to host files for users, TON Foundation said in a statement to CoinDesk.
“A node operator and a user create a smart contract on the TON blockchain that guarantees that the user will pay a fixed amount in Toncoin to store files for a predetermined amount of time,” the statement said. This will ensure users are able to store data “virtually in perpetuity,” the statement added.
A node is one of the computers that run the blockchain’s software to validate and store the complete history of transactions on the network.
This material is taken from the website coindesk.com.
Useful material?
Telegram 
Twitter Market
Shares of the Trust are designed to track the market price of XRP with fewer fees and expenses
Jan 17, 2025
Market
The asset will allow USDT to move seamlessly between different blockchains
Jan 17, 2025
Market
Earlier, the community criticized the project for its lack of transparency, which led to a sharp drop in the HYPE token price
Jan 8, 2025
Market
Rising US Treasury bond yields are negatively affecting risk assets
Jan 8, 2025
Mining
The Avalon Mini 3 is available for pre-order at $899
Jan 8, 2025
Market
The exchange obtained the documents as part of the Freedom of Information Act proceeding
Jan 6, 2025
Cryptocurrency rates
-
Bitcoin
$103 502
BTC
+0.96%
-
Ethereum
$3 313.3
ETH
-3.31%
-
Ripple
$3.17
XRP
-3.58%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Dogecoin
$0.399944
DOGE
-3.26%
-
Cardano
$1.07
ADA
-4.54%
-
Stellar XLM
$0.462273
XLM
-5.22%
-
Polkadot
$7.09
DOT
-4.21%
-
Litecoin
$127.58
LTC
-6.65%
-
Bitcoin Cash
$468.56
BCH
-2.8%