Gram (GRAM) Price

What Is Gram (GRAM)?

Gram (GRAM) is a decentralized cryptocurrency built on The Open Network (TON) blockchain. TON utilizes a Proof-of-Work (PoW) mechanism specifically designed for fair distribution. This means that unlike some other PoW systems where mining power becomes concentrated in the hands of a few, GRAM's PoW system allows users to mine tokens using readily available hardware like GPUs, browsers, or even mobile devices. This accessibility helps ensure a more democratic distribution of GRAM tokens.

One of the key features of Gram is its focus on scalability. TON, the blockchain that Gram operates on, is designed to handle a large volume of transactions per second. This makes it suitable for real-world applications where fast transaction processing is essential. Additionally, TON incorporates sharding technology, which essentially splits the blockchain into smaller segments, further improving its scalability and efficiency.

Gram also boasts security features built into the TON blockchain. TON utilizes a Proof-of-Stake (PoS) validation mechanism alongside the PoW mining system. This dual validation approach helps secure the network and prevent malicious activity. Additionally, TON incorporates cryptographic primitives designed to be resistant to common attacks, offering robust protection for user funds and transactions.

Beyond its technical aspects, Gram aims to be user-friendly and accessible. The TON blockchain is designed to be developer-friendly, allowing for the creation of various decentralized applications (dApps) on top of it. This could potentially foster a vibrant ecosystem of applications built on Gram, catering to a wider range of user needs.