Pavel Durov Unveils Massive TON Fee Cut With Near-Zero Costs Incoming
Telegram founder and CEO Pavel Durov stated that inside per week, transaction charges on TON can be lowered sixfold to 0.00039 TON (about $0.0005) per transaction.
Moreover, charges will stay fastened no matter community load.
Zero-Fee Transactions
In his newest replace, Durov additionally noted that shortly after, most transactions on the community are anticipated to turn into absolutely feeless, that means customers can pay zero fee. His tweet learn,
“Soon after most transactions go absolutely feeless. Zero fee. MTONGA!”
The TON blockchain is constructed to deal with transactions and help mini-apps used inside Telegram. Even although it operates as a separate system, it stays intently tied to Telegram. Earlier this month, it implemented a community improve that lowered transaction finality time from round ten seconds to roughly one second. The replace went stay on mainnet on April tenth, introducing sub-second finality.
The change is pushed by Catchain 2.0, a revised consensus mechanism that modifies how the community reaches settlement on transactions. Following the improve, blocks are produced each 400 milliseconds, and a streaming layer delivers updates to functions with minimal delay, which permits sooner affirmation occasions.
The shorter finality interval reduces the time between initiating and confirming transactions. Payments now settle in about one second, whereas trades and different on-chain actions are processed with out the sooner multi-second lag. The improve additionally will increase the variety of blocks generated, which in flip raises validator rewards and alters staking dynamics. TON’s annual inflation charge is predicted to extend from roughly 0.6% to about 3.6% in consequence, with rewards adjusting over time as staking participation modifications.
xStocks Expands to TON Ecosystem
Months earlier than this improve, Kraken-owned tokenized equities platform xStocks announced its enlargement to the TON blockchain, bringing tokenized US equities to the ecosystem. The integration consists of help for Telegram’s non-custodial Wallet to assist customers entry these belongings instantly inside the app.
The launch enabled customers to purchase, maintain, and switch tokenized variations of shares reminiscent of Tesla Inc. and NVIDIA Corporation, together with ETFs, throughout TON-based wallets.
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