GRAM Soars: A Meteoric Rise in the Telegram Crypto Universe

GRAM, the native token of the TON blockchain, has emerged as a sensation within the Telegram ecosystem since its launch in January 2024. Boasting a remarkable 28,000-fold surge in value, GRAM offers advantages over Bitcoin in terms of instantaneous transactions, accessibility in mining, and inclusivity in mining participation. Its decentralized nature, robust security, and integration with the Telegram ecosystem contribute to its growing popularity among cryptocurrency enthusiasts seeking speed, low fees, and seamless integration with a widely-used messaging platform.

GRAM: A Meteoric Rise in the Telegram Ecosystem

Introduction

GRAM, the native token of the Telegram Open Network (TON) blockchain, has emerged as a formidable force within the cryptocurrency landscape, captivating the attention of investors and cryptocurrency enthusiasts alike. Since its inception on January 30, 2024, GRAM has witnessed an unprecedented surge in value, skyrocketing an astonishing 28,000 times, leaving many in awe of its meteoric ascent.

GRAM vs. Bitcoin: A Comparative Analysis

The GRAM community often draws parallels between GRAM and Bitcoin (BTC), the original and most widely adopted cryptocurrency. Both GRAM and BTC share fundamental similarities, including a lack of pre-mine, an absence of reserved coins for creators, and operation on their respective blockchains. Additionally, both cryptocurrencies are designed to facilitate fast and affordable money transfers.

However, GRAM boasts several distinct advantages over BTC:

• Instantaneous Transactions: GRAM operates on the high-performance TON blockchain, enabling near-instantaneous transactions with a throughput exceeding 100,000 transactions per second (trx/s).
• Mining Accessibility: GRAM mining is accessible to a wider range of users as it requires only a video card and a simple software setup from Github, while BTC mining necessitates expensive specialized computing machines known as ASICs.
• Inclusivity of Mining: GRAM mining is open to any user, unlike BTC mining, which is often dominated by investors with substantial initial capital.

Full Decentralization in the Spirit of Bitcoin

Similar to BTC, GRAM is founded on the principles of decentralization. Operating on the TON blockchain, GRAM remains free from centralized governing entities, granting users complete control over their funds. During its launch, GRAM's developers refrained from reserving any tokens, ensuring a fair and transparent distribution process akin to BTC's mining-based distribution.

The TON blockchain, powering GRAM, has undergone rigorous audits and hackathons, attesting to its reliability and robustness against potential attacks. Its security measures are on par with the time-tested security of the Bitcoin blockchain.

Speed and Scalability: GRAM's Significant Edge over BTC

One of the most notable distinctions between GRAM and BTC lies in transaction speed. While the Bitcoin blockchain is limited to approximately 3-7 trx/s due to constraints related to block size and generation time, the TON blockchain powering GRAM revolutionizes the concept of speed and scalability. In November 2023, TON achieved a world record as the fastest and most scalable blockchain, processing an impressive 104,715 trx/s. Leveraging TON's unique architecture, GRAM can handle an infinite number of trx/s, facilitating near-instantaneous transfers without compromising security or decentralization.

GRAM Coin: Limited Supply and Impending Mining Completion

The total supply of GRAM coins is capped at 5,000,000,000 tokens. Currently, around 1,750,000,000 GRAMs have been mined. Based on the current mining rate, it is estimated that GRAM mining will be completed in approximately 700 days, by early January 2026.

As the mining process progresses and new tokens are generated, the network's complexity increases, leading to higher mining costs. This indirectly contributes to supporting the price of the coin.

The Mechanics of GRAM Mining: Givers, Solutions, and Rewards

GRAM mining involves the interaction between givers (smart contracts with coins) and miners who solve computational tasks. Miners submit solutions to the givers, and if the solution is correct, the giver issues GRAM tokens to the miner. The number of tokens depends on the type of giver.

GRAM utilizes four types of givers—large, medium, small, and nano—each distributing a different amount of tokens. As of March 2024, all large and medium givers have been exhausted, and only small and nano givers remain available for mining. Consequently, the one-time reward for mining GRAM does not exceed 100 GRAM at present.

Exchanging GRAM

Several options are available for exchanging GRAM:

• CryptoBot on Telegram: GRAM can be bought or sold through the P2P section of CryptoBot on Telegram.
• STON.fi: The largest AMM DEX in the TON ecosystem, STON.fi enables GRAM swaps.
• DEX Aggregators: Platforms like Ton.Diamonds and DeDust function as DEX aggregators, allowing users to swap GRAM.
• MyTonWallet: MyTonWallet offers a swap feature for GRAM/TON pairs, providing a convenient way to exchange GRAM tokens.

Reasons for GRAM's Popularity

GRAM's growing popularity stems from several factors:

• Decentralization and Instant Transactions: GRAM's decentralized nature and near-instant transaction processing provide a significant advantage over other cryptocurrencies, making it suitable for microtransactions, bulk transfers, and integration into high-bandwidth decentralized applications.
• Low Fees and Consistency: Unlike BTC, which can experience delays and high fees during peak demand, GRAM offers users consistently low fees and instant transaction fulfillment regardless of network load.
• Telegram Integration: GRAM's architecture enables seamless integration with Telegram's applications and the TON ecosystem, opening up numerous opportunities for the distribution and use of GRAM among Telegram's vast user base.

Conclusion

GRAM's meteoric rise and unique features have positioned it as a formidable contender in the cryptocurrency landscape. Its decentralized nature, instant transactions, low fees, and compatibility with Telegram's massive user base make it an attractive choice for users seeking a fast, secure, and innovative digital currency. As the GRAM ecosystem continues to expand and the mining process approaches completion, the future of GRAM remains bright, with the potential for further growth and adoption.