The TON community has temporarily frozen more than 1 billion tokens of inactive mining wallets, which still needs verifiers to vote

It is reported that the TON economic model optimization proposal of the TON blockchain community has been approved. The proposal aims to reach a community consensus on the recycling supply of TON and temporarily freeze inactive mining wallets for 48 months. These wallets have never been activated and there are no outgoing transfers in their historical records.

The TON community has temporarily frozen more than 1 billion tokens of inactive mining wallets, which still needs verifiers to vote

Interpretation of this information:

The TON blockchain community has approved an optimization proposal for its economic model. The main goal of this proposal is to achieve a consensus among community members regarding the recycling supply of TON. The proposal also involves freezing inactive mining wallets for 48 months. These wallets have never been activated before, and there are no outgoing transfers in their history.

The TON blockchain is a decentralized blockchain platform designed for building decentralized applications (dApps). It was created by Telegram, the messaging app, as a way to provide a secure and private platform for messaging and transactions. TON is built using a proof-of-stake (PoS) consensus algorithm, which makes it different from most other blockchain platforms that use proof-of-work (PoW). The TON blockchain is designed to be scalable, fast, and flexible, which makes it suitable for a wide range of dApps.

The approval of the TON economic model optimization proposal is a significant milestone for the TON blockchain community. The proposal aims to address some of the key issues facing the community, including the need to establish a consensus on the supply of TON and the need to freeze inactive mining wallets. By doing so, the proposal can help to build an efficient and sustainable ecosystem for the TON blockchain.

The temporary freezing of the inactive mining wallets is expected to help prevent the hoarding of TON coins and reduce the risk of market manipulation. The proposal sets a time frame of 48 months for the wallets to remain frozen, which provides enough time for community members to activate their wallets. After the freezing period is over, the TON coins will be recycled back into the community, which can further promote the growth and development of the ecosystem.

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