The TON Foundation – the non-profit consortium behind The Open Network (TON) – announced the integration of messenger encryption onto the network. The move is aimed at enhancing user privacy by deploying necessary safeguards in the text sent along with the transaction.
The new feature uses end-to-end encryption. This essentially guarantees that only the sender and recipient are able to view the message, thereby improving the level of security for TON’s user base.
Enhancing User Privacy
As per the official update shared with crypto potatoThe network fee for delivering encrypted messages via TON is approximately 0.006 toncoins (TON) per transaction. The low price is expected to make the service accessible to the chain’s growing user base.
Commenting on the latest addition, Anatoly Makosov, lead developer at the TON Foundation, said,
“Now this popular feature – not available on most other blockchains – is available with full encryption. Even in the event of an apocalypse and failure of traditional messenger servers, you will retain the ability to send messages via the decentralized TON blockchain. Rest assured that these messages will be reliably delivered and secured through encryption.
The foundation’s statement revealed that several crypto wallets, as well as standard web and desktop wallets (Windows, macOS, Linux), have already added support for the encryption feature. In the meantime, encryption for messages will be available in upcoming updates to TON Mobile Wallet and TonKeeper Wallet.
ton development
TON – a layer-1 blockchain first created by Telegram – has had a turbulent start. The project has been run as a community-based, open-source project since Telegram’s abandonment a few years ago. Since then, the TON Foundation has managed to forge a number of partnerships.
As part of a partnership with DWF Labs, the blockchain industry market maker invested $10 million in TON’s development last November.
DWF Labs will reportedly participate in an estimated 50 seed investment rounds scheduled over a few months. The focus of the funding round will be to accelerate the expansion of the TON ecosystem as well as its associated projects.
More recently, TON Unveiled The $25 million fund, called the “TON Accelerator Program”, aims to invest between $50,000 and $250,000 per project, as well as include participation and mentorship from TON employees.
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