Competing Move from Telegram’s TON to Filecoin and Storj

Developed The Open Network, known as TON for short, the TON Foundation is for file sharing and data storage. developed a decentralized solution.

Telegram Open Network to develop this blockchain $1.7 billion It was developed by Telegram, which raised money. However, Telegram has decided to leave this project as a result of the SEC’s investigations.

Later by open source developers This project, which was started to be developed and named The Open Network, now has names such as Filecoin and Storj. a competing solution offers.

TON Storage works similarly to other peer-to-peer file sharing options on the internet. However, its basis is not a central server, but the TON blockchain.

In a statement made by the TON Foundation, “Anyone can start operating a node on the TON network and receive payment from users in exchange for providing file storage service.” it said.

With this new service developed by the TON Foundation, “New users joining the TON network and further growth of the TON ecosystem” waiting.

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