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The Open Network (TON)

What is The Open Network (TON)?​

Here are 5 key points about TON:

  • TON is TON's native cryptocurrency. Its ticker is GRAM, and it is used for network operations, transactions, games, and collectibles built on TON.

  • TON boasts high throughput, capable of handling thousands of transactions per second. It prioritizes security and reliability, utilizing a Byzantine Fault Tolerant (BFT) consensus mechanism to ensure the integrity of its blockchain.

  • TON implements various scalability solutions to enhance its network's scalability and performance. These solutions may include sharding, off-chain processing, and other optimization techniques aimed at improving transaction throughput and reducing latency.

  • TON supports the execution of smart contracts, enabling the creation and deployment of decentralized applications (dApps) on its blockchain.

  • Through cross-chain bridges and interoperability protocols, TON users can transfer assets and interact with decentralized applications across multiple blockchain networks, facilitating seamless asset exchange and cross-chain functionality.

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Learn more about The Open Network (TON) by reading the Gem Wallet Learn article: What Is The Open Network Blockchain?

TON on Gem Wallet​

Gem Wallet has the following features enabled for TON (GRAM):

  • Buy TON (GRAM) with fiat using debit/credit cards.
  • Store TON (GRAM) and Jettons securely.
  • Send and receive GRAM and Jettons natively.

TON on Gem Wallet TON Chart on Gem Wallet

What are Jettons on TON?​

  • Jettons are tokens on TON Blockchain which can be considered similar to ERC-20 tokens on Ethereum.
  • Jettons are implemented using a set of smart contracts, Jetton master smart contracts and Jetton wallet smart contracts.
  • When sending Jettons, a certain amount of GRAM is required for gas fees. The sender needs to have enough GRAM required to deploy a Jetton wallet to the receiver.

USDT-Jetton on Gem Wallet Jetton List on Gem Wallet

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Learn more about Jettons from this Gem Wallet Learn article:

What Is Jetton and What You Need to Know About Tokens on TON Blockchain

How to Get TON?​

Here are some ways to acquire some TON (GRAM):

  • Buy TON (GRAM) directly on the Gem Wallet app.
  • Receive GRAM with the unique TON address on the Gem Wallet app.

Buy GRAM on Gem Wallet Receive GRAM on Gem Wallet

Transaction Fees on TON​

The fees on TON are summarized as follows:

  • Transaction fees on TON are denominated in TON (GRAM).
  • These fees can vary depending on factors such as transaction size, network congestion, and computational resources required for processing.
  • When sending Jettons, the sender should have enough GRAM which will be required to deploy a Jetton wallet on the receiver.

Send GRAM Fees on Gem Wallet Transfer GRAM on Gem Wallet

How to Check TON (GRAM) Balance?​

Gem Wallet app connects to TON to show the GRAM balance on your wallet. Tap on the 3 dots at the upper right corner, then tap on View address on Tonviewer.

View Tonviewer Link on Gem Wallet View GRAM Balance on Tonviewer

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Tonviewer is the default TON explorer of Gem Wallet. You can manually check balances and transactions by going to Tonviewer and search for your TON address.