1 billion TON coins might be frozen

posted  23 Jan 2023
Photo - 1 billion TON coins might be frozen
Next month, The Open Network validators plan to vote on freezing 195 inactive addresses. These addresses hold more than 1 billion TON coins, which amounts to $2.5 billion USD. If this decision is made, the blocking will last for 4 years and the owners of these wallets will not be able to make any transactions during this period. A forced hold for long-term holders? It's interesting, but short term holders could definitely use some freezing!
Next month, The Open Network validators plan to vote on freezing 195 inactive addresses.

These addresses hold more than 1 billion TON coins, which amounts to $2.5 billion USD. If this decision is made, the blocking will last for 4 years and the owners of these wallets will not be able to make any transactions during this period.

A forced hold for long-term holders? It's interesting, but short term holders could definitely use some freezing!