🌐 Animoca to become TON blockchain’s largest validator Animoca Brands will invest in the TON blockchain protocol and become its largest validator as it eyes GameFi development on the platform. Web3 investment firm Animoca Brands is set to become the largest validator on The Open Network (TON) blockchain, and it plans to deliver blockchain-based games to messaging application Telegram’s 800 million users. An announcement shared outlined how the partnership will involve funding, research and an analytics platform for third-party TON ecosystem applications. The value of Animoca’s investment was not disclosed by publication. However, part of the investment is understood to have been made directly into Toncoin, which has been staked as part of the validator agreement.

▪ PoW (Proof-of-Work) This is one of the fundamental consensus algorithms in cryptocurrency. It is based on a concept that was first described in 1993 in a paper by Cynthia Dwork and Moni Naor with the formulation: "to access a shared resource, a user must compute some function: complex enough, but feasible; in this way, the resource can be protected from abuse".

▪ PoS (Proof-of-Stake) Mechanism: using "stake" as a factor that determines the node (node) that will get the right to mine the next block. PoS was first implemented in 2012 in the cryptocurrency PPCoin (now known as PeerCoin).