The Open Network (TON) is a fast, secure, and scalable blockchain and network project, capable of handling millions of transactions per second if necessary, and both user-friendly and service provider-friendly. The team aims for it to be able to host all reasonable applications currently proposed and conceived. One might think about TON as a huge distributed supercomputer, or rather a huge "super server", intended to host and provide a variety of services.
TON is A flexible multi-blockchain platform that is capable of processing millions of transactions per second, with Turing-complete smart contracts, upgradable formal blockchain specifications, multi-cryptocurrency value transfer, support for micropayment channels, and off-chain payment networks. TON Blockchain presents some new and unique features, such as the "self-healing" vertical blockchain mechanism and Instant Hypercube Routing, which enable it to be fast, reliable, scalable, and self-consistent at the same time.
A peer-to-peer network (TON P2P Network is used for accessing the TON Blockchain, sending transaction candidates, and receiving updates about only those parts of the blockchain a client is interested in (e.g., those related to the client's accounts and smart contracts), but also able to support arbitrarily distributed services, blockchain-related or not.
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