The TON Foundation Implements Messenger Encryption on TON Network
The TON Foundation, the organization behind The Open Network (TON), has announced the integration of messenger encryption on the network. This move aims to enhance user privacy by adding necessary safeguards to text messages sent with transactions. The new feature utilizes end-to-end encryption, ensuring that only the sender and recipient can view the message, thereby improving security for TON users.
Key Points:
– The network fee for delivering an encrypted message via TON is approximately 0.006 Toncoin (TON) per transaction, making it accessible for a wider user base.
– TON Foundation’s core developer, Anatoly Makosov, stated that this encryption feature is not available on most other blockchains.
– Crypto wallets and standard web and desktop wallets have already added support for the encryption feature, with mobile wallets and the Tonkeeper wallet set to receive the update soon.
TON’s Evolution:
– TON, previously created by Telegram, has faced challenges but has now become a community-led, open-source project under the TON Foundation.
– The foundation has formed partnerships, including a $10 million investment from DWF Labs towards TON’s development.
– TON has also launched the TON Accelerator Program, a $25 million fund to invest in projects and provide mentorship and partnerships.
Hot Take:
The integration of messenger encryption on the TON Network is a significant step towards enhancing user privacy and security. By utilizing end-to-end encryption, only the sender and recipient can access the messages, providing a higher level of protection. With low network fees and support from various wallets, TON is making this feature accessible to its growing user base. The TON Foundation’s partnerships and investment initiatives further demonstrate its commitment to the development and expansion of the TON ecosystem.
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