Hello SafePal Community,
Since there has been significant demand for The Open Network, we are working on integrating TON shortly. SafePal Software and Hardware wallet will be fully compatible with The Open Network (TON) in Q4 of 2022. A later date will be announced for the Extension wallet support.
We (SafePal) are pleased to announce that SafePal will become the first case of native hardware wallet integration for TON. With this integration, TON users can store, send and receive Toncoin in a more secure and seamless way on the Open Network.
About The Open Network (TON)?
TON is a decentralized, ultra-stable, and user-friendly next-generation blockchain with low transaction fees initially built by Telegram to onboard billions of users.
The project was designed in 2018 by the Durov brothers, the founders of Telegram Messenger. Later, it was handed over to the open TON Community, which has been supporting and developing it ever since.
Thanks to its ecosystem of user-friendly services, which are decentralized analogs of the App Store and Google Play, TON has a unique opportunity to become the first network and cryptocurrency in history made for the mass market.
TON supports workchains and dynamic sharding. The system can potentially accommodate up to 232 workchains, each of which can be subdivided into up to 260 shardchains with near-instant cross-shard and cross-chain communication. While Visa can process max. tens of thousands of transactions
per second, TON can process millions.
The TON community is growing rapidly, the many services and software wallets with and without support already developed, which can be found here: https://ton.app/wallets.
The @wallet service, developed on TON, has made it possible for the first time to send and exchange tokens seamlessly over P2P between users within Telegram. And Telegram itself recently launched a tokenized usernames auction based on the TON blockchain.
SafePal, with the help of a grant from the TON Foundation, is currently actively developing open source code to meet the needs of our community.
The TON community brings together more than 2.5 million users worldwide, including a large number of local communities, teams of developers, publishers, payment solutions providers, and entrepreneurs.
Learn more about TON: https://ton.org
Where to Secure your The Open Network (TON) Assets in SafePal Wallet
SafePal offers three decentralized wallet solutions that help crypto users manage, swap, trade, and secure their cryptocurrency assets. All three types of wallets can be interconnected, allowing users to explore the web3 world the way they like.
Mobile Software Wallet
The SafePal mobile software wallet is a free application that users can download on Android and Apple IOS to manage, trade securely, and swap their favorite cryptocurrencies on the go, as well as explore the DeFi world most conveniently.
How to Set Up a SafePal Software Wallet YouTube Video
S1 Hardware Wallet
The SafePal S1 hardware wallet is an electronic device that helps protect users’ private keys, providing cryptocurrency protection by keeping your private key secured offline. Eliminate online attack vectors and individuals with malicious intent to steal your cryptocurrency assets.
SafePal is a comprehensive crypto management platform that provides hardware wallet, software wallet, and browser extension wallet solutions. With powerful web3 solutions powered by industry leaders such as Binance, allowing users to store, manage, swap, and trade their crypto assets. We now serve more than 7 million users across the globe with hardware wallets, software wallets, and browser extension wallet product lines. We support 15 languages, 50+ blockchains, 100,000+ tokens, and also NFTs. The project is also integrated with Binance DEX and Binance Spot Trading, as well as DApps on Ethereum, BNB Chain, Solana, Tron, Polygon, and other networks.Stay informed about SafePal news and updates by visiting our website www.safepal.com, following our Twitter or subscribing to our other social media channels