Gram (GRAM): The First Jetton on TON Blockchain
What is Gram (GRAM)?
Gram (GRAM) is the first Proof-of-Work (PoW) jetton on the TON Blockchain, representing a new era of decentralized digital currency. Jetton is a custom fungible token standard on the TON blockchain. Unlike traditional cryptocurrencies, Gram offers transparent and open-access mining, inviting enthusiasts from all corners to participate in its ecosystem.
Gram's journey started January 30, as mining officially kicked off. In just one week, over 5,000 holders joined the Gram community, eager to get their hands on this revolutionary jetton.
How Gram (GRAM) Works
One of Gram's standout features is its decentralization. Unlike other cryptocurrencies that may have a central authority or owner, Gram is truly community-driven. Each member of the community plays a vital role in shaping the future of Gram, with equal authority and autonomy.
Mining is where the magic happens for Gram. Instead of simply buying or trading for Gram, users can earn it through the mining process.
Mining GRAM
Mining jettons involves sending a special transaction from your wallet that contains the solution to a mining task. This task is what keeps the TON Blockchain secure and decentralized. By solving these tasks, miners contribute to the network's integrity and earn GRAM as a reward.
Mining GRAM isn't rocket science, but it does require some know-how. Miners need to run a special "mining" utility compiled from TON sources. This utility, known as "pow-miner," crunches the numbers and verifies transactions on the blockchain.
A Step-by-Step Guide to Mining
● Get the Parameters: Before diving into mining, miners need to obtain the seed and complexity parameters from the chosen proof-of-work giver smart contract.
● Run the Utility: With parameters in hand, miners can fire up the "pow-miner" utility and start mining for Gram.
● Earn Your Rewards: Successful mining results in an increase in the Gram balance of the miner's wallet. It's a rewarding process that's both challenging and lucrative.
Adapting to Change
As Gram mining progressed, adjustments were made to ensure the sustainability of the network. In March, the pool fee was adjusted by 50% to account for increasing complexity and operational costs. Withdrawal was kept at 0%. Despite these changes, Gram remains committed to providing high-quality service and support for all miners.
GRAM Goes Live on Bitget
Now listed on Bitget, GRAM token offers an opportunity for individuals to engage in trading activities within a secure and convenient platform. For crypto users who may not possess the technical expertise or resources to mine GRAM, Bitget provides a hassle-free alternative to acquire GRAM tokens.
How to Trade GRAM on Bitget
Listing time: April 2, 2024
Step 1: Go to GRAMUSDT spot trading page
Step 2: Enter the amount and the type of order, then click Buy/Sell
With its decentralized ethos and innovative mining process, Gram is paving the way for a new era of digital finance. It's a symbol of empowerment and decentralization. Through its transparent mining process and community-driven ethos, Gram is redefining the future of finance, one block at a time.
Trade GRAM on Bitget now!
Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.
