TON verifiers voted to pass the proposal on “freezing 1 billion Toncoin in inactive mining wallets”

On February 27th, Ton official said on Twitter: “The verifier’s vote on the ‘TON Token Economics Optimization Proposal’ has ended. More than 75% of the verifiers voted in favor of temporarily freezing dormant early mining wallets – these addresses were not activated before the end of the voting period. They will not be activated until February 21, 2027. This decision was supported by the verifiers and the TON community. 171 wallets were deactivated, with a balance of 1081389417 TONs (more than 20% of the total supply). In the next 48 months, network participants can rest assured that these tokens will not cause market turbulence or be used for any form of market chaos. “

Interpretation of this information:

On February 27th, a Ton official took to Twitter to announce the verdict of the verifier’s vote on the ‘TON Token Economics Optimization Proposal’. According to the statement, more than 75% of the verifiers voted in favor of temporarily freezing dormant early mining wallets. These wallets, which were not activated before the end of the voting period, will remain frozen until February 21, 2027. The official also revealed that the decision was supported by both the verifiers and the TON community.

The move to freeze these wallets was a much-needed step towards restoring stability and trust in the network. With over 171 wallets and a balance of 1081389417 TONs frozen, the market can breathe a little easier knowing that these dormant tokens will not be used to drive market chaos or create turbulence. The decision is expected to provide a sense of security to network participants, which is crucial for the long-term success of the project.

One of the key takeaways from this announcement is that the TON community and verifiers are becoming increasingly mindful of the potential risks associated with cryptocurrency investments. By freezing these dormant wallets, the community has sent a clear message that it is committed to ensuring the long-term stability and growth of the network. The move is also a reflection of the growing need for greater transparency and accountability in the cryptocurrency space.

In summary, the interpretation of this message is that the TON network has taken an important step towards restoring trust and stability in the system. By temporarily freezing dormant wallets, the community has shown that it is serious about addressing potential risks associated with cryptocurrency investments. The three keywords that best summarize the content are ‘TON Token Economics Optimization Proposal’, ‘dormant early mining wallets’, and ‘market turbulence.’