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Sunday, February 25, 2024
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    bitcoin
    Bitcoin (BTC) $ 51,607.83
    ethereum
    Ethereum (ETH) $ 3,034.18
    tether
    Tether (USDT) $ 1.00
    bnb
    BNB (BNB) $ 385.22
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    binance-usd
    BUSD (BUSD) $ 1.00
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    cardano
    Cardano (ADA) $ 0.587643
    solana
    Solana (SOL) $ 102.42
    matic-network
    Polygon (MATIC) $ 0.973596
    polkadot
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    Privateness-Targeted Tonnel Community Launches on TON Blockchain, Invitations Neighborhood to Take part in 100,000 TONNEL Airdrop

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    Key takeaways:

    • TONNEL Community has launched on the TON blockchain mainnet to offer on-chain privateness by means of Zero-Data proofs. This leverages TON Digital Machine updates for safe computations.
    • Key options embrace non-public transfers of $TON and $TONNEL tokens and a ZkNFT commonplace for confidential NFT actions.
    • TONNEL is distributing 100,000 $TONNEL tokens by way of an airdrop marketing campaign to drive the adoption and development of the privateness protocol.
    • Our worth prediction algorithm forecasts the Toncoin (TON) worth to extend by 4.23% and attain $2.50 subsequent month.

    TON Blockchain has welcomed a brand new privateness protocol referred to as TONNEL Community on its mainnet, with the goal of offering on-chain privateness for customers by means of Zero-Data proof expertise.

    ? @tonnel_network has launched on TON Mainnet, introducing a Zero-Data privateness protocol to reinforce on-chain privateness for #TON customers.

    Be a part of the celebration with TONNEL’s Mainnet airdrop marketing campaign and get an opportunity to win 100K $TONNEL. Particulars: https://t.co/EE6UwEqGrx pic.twitter.com/ftttzpTRPG

    — TON ? (@ton_blockchain) January 15, 2024

    TONNEL Community makes use of the newest TON Digital Machine (TVM) replace that allows advanced computations and proof verification on sensible contracts. This permits TONNEL to implement the Zero-Data proofs that validate transactions with out exposing delicate data.

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    Key options of the TONNEL Community embrace:

    • Personal transactions for Toncoin ($TON) and $TONNEL tokens. Extra jettons can be supported sooner or later.
    • A ZkNFT commonplace for confidential NFT minting, possession switch, and burning. TONNEL has already deployed the primary non-public NFT assortment on TON utilizing this expertise.

    To rejoice its launch on the TON Mainnet, TONNEL Community is inviting the group to affix its airdrop marketing campaign, the place it’s going to distribute 100,000 $TONNEL tokens to fortunate individuals. People can take part on this airdrop marketing campaign by becoming a member of the TONNEL Community Telegram channel.

    Learn Extra: 8 Finest Airdrop Websites for Free Crypto Airdrops

    TONNEL Community is among the first to make the most of zero-knowledge proofs on the high-throughput TON Blockchain.

    See also  Shiba Inu Lead Says One thing is Coming, “Put together Your Wallets”

    Furthermore, Zero-Data proofs allow events to validate data with out exposing the underlying information. For instance, somebody might show possession of a ZkNFT with out revealing their pockets or the NFT’s metadata. TONNEL makes use of environment friendly ZK-SNARK proofs suited to blockchain transactions.

    By enhancing privateness, the community might appeal to extra customers and decentralized apps to the TON ecosystem.

    Toncoin (TON) current worth motion

    In response to the CoinCodex worth chart, the value of Toncoin (TON) has fluctuated previously month, reaching a excessive of $2.42 on Dec 4, 2023, and a low of $2.11 on Jan 6, 2024.

    As of as we speak, Jan 17, 2024, the value of the token is $2.35, which is a 2.2% decline in comparison with its $2.45 worth within the final 24 hours. It additionally holds a market cap of $8.12 billion, and the market dominance is over 0.48%.

    In response to our forecast, the value of Toncoin is predicted to proceed dropping within the brief time period – it might lose one other 3.26% and attain $2.32 by Jan 22, 2024.

    Nonetheless, within the subsequent month, the value of Toncoin is predicted to rise by 4.23% and attain $2.50 by Feb 16, 2024. The long-term prediction for Toncoin is extra optimistic, as we estimate that the value of Toncoin might attain as excessive as $3.06 by the top of 2025.

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