TonRadar:Fork In CryptoTogether with the AirDrop TON, we have prepared an article that explores t

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6 May 2024
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TonRadar:
Fork In Crypto

Together with the AirDrop TON, we have prepared an article that explores the Fork concept in crypto.

📌 Cryptocurrencies such as Bitcoin and Ethereum and etc, rely on decentralized, open-source technology known as blockchains; A blockchain undergoes a fork when there is a divergence in the protocol rules among nodes in the network, leading to a split in the chain. This can happen when the community or developers decide to alter the underlying code of the blockchain. When a fork occurs, it results in the creation of a new version of the blockchain, which may have different features or rules than the original one. This can lead to a new cryptocurrency or simply an updated version of the existing one. Forks are significant because they represent moments of change and evolution within a cryptocurrency's ecosystem.

There are generally 2 types of forks:

🖱️ Soft Fork:
A soft fork can be likened to a software update for a blockchain. When embraced by all participants, it establishes a new set of rules for a cryptocurrency. Soft forks are commonly employed to introduce enhancements or functionalities, usually at the coding level. Since they maintain compatibility with previous blocks, they don't split the blockchain, resulting in a seamless transition to the updated standards.

🖱️ Hard Fork:
A hard fork occurs when updates to the code are so extensive that they render the new version incompatible with previous blocks.
This results in a split in the blockchain, yielding 2 separate chains:
- The original one
- A new version adhering to the updated rules
Consequently, a new cryptocurrency is born, stemming from the original chain. Well-known examples include Bitcoin Cash and Bitcoin Gold, which emerged through hard forks from the original Bitcoin blockchain.

⚙️ Why do forks occur?
• Enhancing functionality
• Addressing security risks
• Resolving community disagreement over cryptocurrency direction

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DeDust Introduced Native USDT with 200,000 TON Liquidity Boost and High APRs

Native USDT has been launched on DeDust, accompanied by a 200,000 $TON liquidity boosts from TON Foundation and Scaleton Team, with high APRs. The current APR in the TON/USDT pool is 88%, with a daily distribution of approximately 1318.68 TON tokens, equivalent to around $8,000.

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Wallet, Free USDt Transfers & Passcode Security

Wallet recently introduced several updates. These include no-fee transfers and withdrawals for USDt, added security through Passcode, and convenient transfers of tokens and NFTs directly on Telegram.

To mark the introduction of USDt on TON, Wallet is offering free withdrawals to external TON wallets until June 2024.

It has also been noted that, Wallet users can soon add a Passcode for extra security, stored locally on their device and supporting Face ID and Touch ID.

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Hipo App's New DeFi Segment, hTON Staking Rewards

Hipo App presented a new DeFi segment, empowering users to explore the potential of hTON, the staked token, offering liquidity while earning staking rewards.

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TON Society Launches 'The Path of Honor' Initiative

TON Society introduces "The Path of Honor" initiative, rewarding active members for their engagement in regional chats with valuable insights and positive contributions, offering a chance to win rewards from a 2,500 TON prize pool.

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Why was the Notcoin listing postponed, & when will it be rescheduled?

📌 The NOT token launch for the viral Telegram-based game Notcoin was initially planned to coincide with the Bitcoin halving on April 20 but was delayed due to the need for more preparation.

👀 Open Builders founder Sasha Plotvinov explained that ensuring a smooth launch for potentially millions of users required additional time. They aimed to avoid overwhelming the blockchain and infrastructure while ensuring equal access for all users. The team now believes they have a "perfect solution" and targets the end of April for the NOT token launch.

This delay allows for better preparation, with Plotvinov emphasizing the importance of avoiding rushing the process. The launch will be a significant test for The Open Network, with Plotvinov mentioning that previous tests with pre-market vouchers have provided valuable insights.

link to the full interview

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Pavel Durov In NFT Format!

📰 Not long ago, an NFT collection that included the image of Pavel Durov was sold on the Ton Raffles platform. This collection by buzzworthy meme token $DUREV is poorly designed.

A total of 1,400 NFTs were available for sale starting at 15 TON, with a maximum of 50 mintable units per wallet, which sold out within 10-15 minutes.

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TON Developer Community Survey

The TON Dev Community is seeking input from developers to enhance the TON ecosystem. They've issued a call for expertise, inviting developers to contribute insights and experiences to improve TON's robustness and user-friendliness. The community encourages participation in a survey covering four main topics, with the survey expected to take around 5-8 minutes to complete.

👉 https://nletwfvh.paperform.co

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Getting Started with USDt on TON Using Telegram's Wallet

▪️ Open Telegram and access Wallet. Follow setup instructions if it's your first time.

▪️ Select 'Add crypto' and pick your payment method: bank card or P2P market.

▪️ Choose USDt-TON and specify the purchase amount in USDt or your local currency.

▪️ Confirm the purchase details to instantly add USDt-TON to your Wallet.

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the 4th TON Helsinki Meetup: NFTs on TON Blockchain!

📰 The 4th TON Helsinki Meetup, focusing on NFTs on TON Blockchain, is scheduled for Wednesday, April 24th. It will be held at the Helsinki XR Center, with an option to join virtually via Zoom. The event promises to delve into the world of NFTs and showcase inspiring innovations on TON Blockchain.

🗓 Wednesday, April 24 | 5:00 PM - 8:00 PM GMT+3
Helsinki XR Center
Helsinki, Uusimaa

👤 ​​Who should attend?
• ​TON enthusiasts, builders, and investors
• Artists who want to explore new opportunities to sell their art
• Blockchain developers and entrepreneurs
• NFT enthusiasts and investors
• Anyone interested in learning more about the future of decentralized ownership of digital or real-world assets.

➡️ Register here
➡️This meeting can also be joined virtually via Zoom

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The EVAA team invites enthusiasts to the AMA event @TONSocietyCIS scheduled for today.

You can watch the live broadcast of this event on April 24th at 16:00 CET by joining this link.
During this event, an overview of EVAA, its features, and the Open League will be discussed.

Speaker: @k_vld — Core team member

Host: @yogasolovey — Event Manager and Community Manager at society.ton.org CIS

All participants who fill out the available form during the AMA event will receive an SBT from TON Society CIS in their wallet.

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Passcode in Wallet

The Wallet app now offers enhanced security with the option to set up a passcode. This passcode, which is encrypted and stored locally on your device, will be necessary to approve any transactions within the app.

How to set:
• Navigate to the Wallet settings
• Select "Passcode & Face ID"
• Choose a 4-character code
• Provide an email address for passcode recovery

Android users can expect this feature soon. | iOS users can enable Touch ID or Face ID for added security

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▪️ION Finance has announced that its mainnet will launch on May 1st.

▪️Wallet is hiring for a Customer Support Lead and a Senior Full-Stack Engineer. To apply contact @tonjobs_support.

▪️The minting incentive for $JPYW #TON20 remains steady with a $20,000 baseline reward for all successful minters, linked to their holding amount. Additionally, a bonus program is introduced where $1,000 will be split among 20 fortunate minters ($50 each) for every 5,000 minter group.

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One-Click Sender, Streamlining Multi-Recipient Transactions

📌One-Click Token Sender— It's a new tool designed to streamline the token-sending process that has been recently created. With just a click, you can send tokens to multiple recipients in a single transaction, reducing the need for individual transfers and saving time and effort.

How To Use?
• Users access the platform
• Select tokens and recipients
• Enter recipient information
• Review and confirm the transaction
• Execute the transaction
• Receive confirmation

How long does it take for transactions to be processed?
Transaction processing times vary based on the blockchain network and the specific tokens involved. Generally, transactions can be confirmed and completed anywhere from a few seconds to several hours, depending on these factors.

Tutorial video: https://ton.oneclicksender.com/tutorial

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Prize For Subscribing In TON Society Blog

The TON Society has launched its blog on Substack and is offering a prize pool of 1K-Toncoin to 200 lucky subscribers once they reach 5K subscribers. Anyone can participate by subscribing to the blog.

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Reduced Network Fees

The TON Blockchain has undergone significant updates aimed at improving its efficiency and accessibility. Notable changes include a substantial reduction in network fees, particularly for Jetton-with-governance transactions like USDt, where fees have been slashed by 2.5x. This move aims to stimulate activity within the TON Ecosystem and make cryptocurrency transactions more affordable and scalable.

Note:The cost for the first Jetton-with-governance transaction is now ∼$0.06, with subsequent transactions at ∼$0.04, assuming 1 Toncoin = $7. (Costs will fluctuate with Toncoin’s value.)

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MyTonWallet On Early

Early and MyTonWallet have launched their first campaign.

By participating in tasks and contributing to the project's growth, community members can earn MY tokens, with a total of 3,000,000 tokens available for distribution.

Unlike traditional token sales or whitelists, Early emphasizes community support for project development. Community link

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USDt-TON with KuCoin

KuCoin and the TON Foundation have partnered to"Community Incentives + Learn & Earn + Trading Competition" campaign.

Additionally, KuCoin is offering a promotion, which waivers of gas fees for USDt-TON withdrawals for a limited time. Alongside this, users can participate in various tasks to learn and earn a portion of the $200,000 prize pool.

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❤️ $CON — Connecton VPNToken

Connecton VPN is launching $CON, its utility token, through three steps: rewarding premium users, conducting a massive airdrop for community support, and releasing tokens for public sale.

• Premium Share: Premium users will receive tokens based on their subscription time, ensuring fairness and rewarding loyalty.

• Massive Airdrop: A significant portion of tokens will be distributed to the community of followers as a gesture of appreciation for their support towards Connectoken's mission.

• Public Sale: The remaining tokens will be released for public sale, allowing users to exchange their existing tokens for Connectoken tokens ($CON). This offers an opportunity for wider participation in the Connectoken ecosystem.

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DAOLama Launches $LLAMA Token

DAOLama is gearing up for its $LLAMA token Initial DEX Offering (IDO), introducing a utility token integral to its ecosystem. Positioned as a lending protocol, NFT rental service, and marketplace supporting 66 NFT collections with 130k TON liquidity, DAOLama emphasizes $LLAMA's utility.

Token holders will gain profit shares, discounts, staking/farming options, and access to upcoming products. The IDO, facilitated by TonUP, runs from April 29 to May 1, aiming to raise up to 36k TON. Moreover, following the sale, $LLAMA will be listed on DEX.

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Trader Competition Of Ton Raffles & STONfi

Ton Raffles and STON.fi are teaming up to launch a trader competition.

Participants can compete to climb the leaderboard and win rewards. More details about the competition and the partnership can be found in the provided links.

How to participate?
Trade RAFF/USDT on STON.fi. Reward depends on total trading volume.

1st place: 100 TON
2nd place: 50 TON
3rd place: 25 TON
4th place: 10 TON
From 5th to 50th place: 5 TON each

- Join the bot to begin trading.
- Monitor your trading activities closely.

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Win Pack

PizzaTon Contest

There's a contest where you can win 15,000 PTJ tokens! Collect Pizzaboy slices over 10 days, make complete pizzas with 8 slices each, and on May 9th at 17:00 UTC, a snapshot will be taken. Each pizza completed earns one entry, with three prizes of 5,000 PTJ tokens each.
Link to read more

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PlayDeck gaming bot, 1000 TON Prize

PlayDeck gaming bot is hosting a raffle where you can win prizes including 1000 TON, TG Premium, and more. To participate, you need to invite friends through a task in the Wheel of Luck. The raffle ends on May 1 at 18:00 MSC.
Join with th provided link.

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