The Toncoin (TON) team outlined the project’s development milestones for the coming year. The roadmap has been published on the website.
In the first quarter of 2023, developers plan to launch cross-chain transfers and a unified protocol for interaction between TON apps and wallets. They also plan to select top open-source projects from the nonprofit community, and to enhance security and stability of the network.
In the second quarter, the team plans to implement support for EVM signature verification, improve TON wallet address formats, and turn the latter into decentralized encrypted messengers.
Project representatives spoke of the need to hold a vote on tokenomics optimization, update configurations and developer libraries. From April to June, the implementation of a mechanism to burn part of the commissions is expected.
In the third quarter, cross-chain transfers between the TON blockchain and Polygon are planned, as well as the creation of a bridge for transferring Bitcoin, ETH and BNB. The developers plan to demonstrate in a testnet how to process a large number of transactions while scaling under load.
In the fourth quarter, the division of nodes into collators and validators is expected. In the team’s view, this will allow the blockchain to handle higher loads.
In May 2020, Pavel Durov announced the shutdown of the Telegram Open Network project due to litigation with the U.S. Securities and Exchange Commission and a ban on token distribution.
After that, several independent teams continued working on the blockchain based on the project’s code. Among them are Free TON (renamed to Everscale), a Chinese project from TON Community (which is currently not developing) and NewTON.
The latter, in May 2020, launched the NewTON Blockchain testnet. In August 2021, the TON team handed over the ton.org domain and the project’s GitHub repository to NewTON, which later renamed itself The Open Network. It is this network that develops Toncoin.
In December 2021, Durov publicly backed the Toncoin team. The project’s token surged 46%.
In autumn 2022, on the Fragment platform, Telegram username sales for Toncoin began. Later, the messenger opened the ability to register anonymous accounts using blockchain-based numbers.