Stellar (XLM) vs Toncoin (TON)

Stellar is a layer 1 blockchain platform designed to support fast, secure, and low-cost value transfers between different currencies. Launched in 2014 by one of the co-founders of Ripple, another cryptocurrency project aimed at facilitating cross-border payments for businesses and institutions, Stellar focuses more on modest daily exchanges. The Stellar network uses a unique consensus protocol, the Stellar Consensus Protocol (SCP), which allows for rapid transaction confirmation without relying on Proof of Work (PoW) or Proof of Stake (PoS).

The Open Network (TON) is an open-source ecosystem based on the TON blockchain. This network is the backbone of a complex, multi-layered architecture, composed of several "workchains," which are themselves divided into several "shardchains," allowing for a high level of performance. Initially built by the Telegram messaging team, the Open Network project is now independent and its development relies on its community of developers.