Well, it's all over now. Five billion TON Coin , which was allocated a year ago to mining by Proof of Work method, has migrated to the addresses of miners. TON mining is over and TON betting has now begun . No more fiddling with graphics card settings and waking up at night to check hardware stability. And the money will double itself. How to start betting TON coin 2022 , we will tell you now.
What is the share of TON COIN
TON stake is earned on TON Coin cryptocurrency by participating in network security. In blockchains based on the Proof of Stake algorithm, validator nodes process transactions and create new blocks of data.
And to launch such a node, you need to share with the codes of the internal network. And the risks are very high and the more money in the account, the better. Therefore, in most PoS networks, validators can attract money from regular users, giving them a portion of their earnings for this purpose. This is how betting works. TON also initially worked on the PoS algorithm, and miners were a temporary phenomenon here. Link to the post regarding termination of TON mining
How does the TON . bet work?
Four groups of nodes are responsible for the security of the TON Coin network . Auditors also play the main role. And they validate transactions and create blocks. Running a validator node is no less complicated than running a mining farm. In addition, for a long pause, and even more so for malicious destruction, a fine is provided, which will be from the amount of your deposit. And if that doesn't scare you and you want to see the instructions for running Node Checker, go ahead
Behind every auditor is a group of candidates. These are exactly the people we talked about at the beginning of this article. They transfer their assets to the management of an auditor and receive a share of his profits, in proportion to the share of money invested by them. This is the TON Coin bet . The candidates do not run any contract, they only need a crypto wallet. But if the auditor to whom they entrusted the money is fined, they will also suffer and may lose all the money invested. Therefore, you need to carefully choose a reliable knot.
Phishermen also supervise the auditors. They meticulously check all solid chains and as soon as they find a defective block in the chain, they immediately publish arguments that validate it and get paid for it. And, as you have already guessed, fines for auditors are used to pay for the services of scammers. As they say, nothing personal, they just do their job. Any auditor who did not pass the competition due to insufficient funds in his personal wallet to place a bet or simply did not get a place due to the abundance of applicants for the position of auditor can apply for the position of a hunter. And it must be said that the TON Coin network only holds 1000 validator contracts.
And if necessary, compilers can help the auditors. And it only comes into play as network loads increase. The main function of the compiler is to filter shardchain blocks and provide them with Merkle proofs. And compilers don't sign the blocks, they just preprocess them. And in the current period, there is no need for their services,as the auditors themselves manage.
How to bet ton
If you decide to become a candidate, you need to get a portfolio. See available applications. And after creating and replenishing a wallet with a certain amount of TON Coin, you will need to select a pool and send funds.
The groups of validators and candidates contain assets in smart contracts, which ensure that the money raised is used for its intended purpose and interest is paid in a timely manner. The minimum investment amount in the candidate's funds depends on the selected pool.
bet list
The full list of candidate pools is here. Pay attention to the size of the auditor's stake, the total amount of money, and the size of the candidate's bet. All information about the pool must be displayed. The lack of data indicates that the pool smart contract is not working properly.
Share Ton Hub
The Ton Hub mobile app is one of the best wallets for Taking Ton. And a link to the official website of the project
- Installing the application
To install the app, click Download on the homepage of the site and go to the App Store for your device, to the Ton Hub page . You can also search for a wallet by name on Google Play or the App Store, right on your smartphone. Install the wallet according to the instructions (do not forget to save the seed phrase) and send the money to its address.
- Balance renewal
If you already have TON on another wallet, Tonhub comes with a fast transfer option. You can also buy coins in Telegram messenger or on one of the trading platforms. And to copy the wallet address, click on “Get” and you will see it on the screen of the smartphone.
- Send coins to bet
You have created and replenished your wallet, and you need to activate TON Coin staking. Follow the link . You will be taken to the first open source decentralized TON pool. The smart contract service ensures that your coins are used only for verification purposes. The profit from the check will be divided among the participants (candidates).
And to add money, you need:
- Open the assembly page and click Connect Tonhub;
- Scan the QR code on the pool page using your wallet;
- Specify the amount (50 tons minimum) and sign the outgoing transaction. In the comments to the translation, put a lowercase Latin letter d.
If scanning the QR code fails, copy and submit the pool address manually. Each candidate must have a personal portfolio. Transfers from crypto exchanges and other services will be lost on your behalf.
How to return coins from the pool
To get the invested money back, you will need to pay the return transfer. And send one tone to the address of the pool, but put a lowercase letter in the comments. And the entire amount is withdrawn only on one chip, and the maximum duration of the operation is 18 hours.
Yield, calculator for calculating
You can calculate the profit of TON Coin by yourself using the APY of a particular pool. And in the Tonhub wallet, the amount of income from the TON stake is calculated when sending money to the pool. On average, a candidate receives from 8 to 11% per year.
How to buy ton coins to bet
You can buy a ton to bet with the @CryptoBot telegram bot, and the . Cryptocurrency TON Coin is traded on 12 trading platforms, the largest of which are OKX and FTX.
You can also buy Toncoin without registration on the decentralized Uniswap and Pancakeswap platforms. A complete list of exchanges and the current Toncoin price is available at .
Cryptocurrency TON Coin is also traded in online exchanges. And here you can buy it for a dollar or other paper from a bank card or electronic wallet. Other cryptocurrency exchanges are also supported. A full list of trusted services is available here .
conclusion
Now you know what the share of TON Coin is in 2022 and how to make money on it. And if someone has not yet been able to sell TON coins mined in mining, then do not rush to do it now. And it is better to send it to the bet, and wait for the price to rise. You can buy some cryptocurrencies, but investors should always remember to diversify their risks.
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