MyTonWallet: Release of a New Version and Major Investments in TON Foundation

Date: 2023-10-07 Author: Dima Zakharov Categories: BLOCKCHAIN
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MyTonWallet: Release of New Version and Significant Investments in TON Foundation
MyTonWallet has introduced its new version accompanied by several important updates that will make its use more convenient and secure for users. In this review, we will explore the key changes and the latest investments in the TON Foundation.

MyTonWallet Update:
The new version of MyTonWallet brings several significant changes that will make the use of this wallet even more appealing to users. An important aspect of the update is the redesign of the browser extension and mobile version, making it more intuitively understandable and user-friendly.

Token Addition and Price Tracking:
Now, MyTonWallet users can easily add various tokens to their wallet and track their prices on corresponding charts. This significantly simplifies cryptocurrency portfolio management and keeps users informed about market changes.

Support for TON Proxy:
MyTonWallet has become the first wallet on the TON network to support TON Proxy for fully decentralized websites hosted on TON Storage. This opens up new opportunities for users to interact with decentralized applications and resources on the TON platform.

Security and Anti-Phishing:
A crucial step in improving security is the implementation of GPG signatures for releases in MyTonWallet. This provides an additional layer of protection against counterfeit wallet versions. Measures to prevent phishing attacks have also been implemented, and users will be warned if an address pasted from the clipboard looks suspicious.

TON Connect and Reduced Extension Size:
With the introduction of TON Connect, the desktop version of MyTonWallet has become more friendly to decentralized application (dapp) users. Additionally, the extension size has significantly decreased, now only occupying 5 MB, improving performance and resource efficiency.

Investments in TON Foundation:
Furthermore, a noteworthy development is the largest-ever investment in a first-tier blockchain, Toncoin, by the subsidiary of the cryptocurrency exchange MEXC. This investment provides a boost to the development of the TON ecosystem and promotes the widespread adoption of Web3 technologies. The company is also investing in TON-based projects such as Megaton Finance, Fanzee, and Sonet, and plans to waive fees for trading Toncoin on its platform.

The TON ecosystem continues to actively evolve, offering users and companies numerous opportunities to create their own applications and products based on it. Additional updates to MyTonWallet and other blockchain-based products are expected, strengthening TON's position in the world of cryptocurrencies and decentralized technologies.
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