Telegram-Related TON Foundation Enters Crypto Storage Market

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Telegram-Related TON Foundation Enters Crypto Storage Market
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.Ton_blockchain's new storage product will enable users to exchange files of any size while providing financial incentives to node operators to host files for users. By Asa Sanon-Jules and shauryamalwa.

file sharing system using the TON blockchain. In an attempt to decentralize the file storage, TON sites can be hosted on TON Storage, without the need for a centralized web server.

Due to TON Storage's alignment with peer-to-peer file sharing and similarity to traditional torrents – a way of storing a file among distributed locations over the internet – users can exchange files of any size safely and guarantee that all data will be securely backed up and encrypted. Historically, however, with torrents there was not much incentive to store users' data and files could not be guaranteed to last. TON Storage aims to change that by offering users incentives to become node operators and host files.

“Anyone can become a node operator on the TON network and receive payments from other users for hosting files – even if operating just one node,” the developers said. “The accessibility of this new product will incentivize new, independent users to join the TON network, helping to grow the TON ecosystem even further."

The move comes after a rough few weeks for similar decentralized file-storage tokens, such as Filecoin (

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