TON blockchain freezes $2.6B worth of inactive tokens

cointelegraph.com:

According to the results of a community vote on Feb. 22, users and validators of The Open Network (TON), a layer one blockchain previously created by Telegram, have voted to suspend miners' wallets for four years if they are inactive and have never made an outgoing transaction. The decision resulted in 1,081,389,416 TON being suspended, worth an estimated $2.58 billion at the time of publication and accounting for over 20% of TON tokens outstanding.

The validator vote, which began on Feb. 21, 2023, was passed after the first two rounds without requiring a third tie round to break the tie. The TON Foundation requested miners to show their activity by undertaking a transaction on the TON blockchain on Dec. 17, 2022. Since that announcement, 24 of the 195 inactive addresses have been activated. As a result, the vote concerned the remaining 171 addresses, or less than 0.009% of the total number of wallets on the network, holding a total of 1,081,389,416 Toncoin. The addresses will be suspended for a period of four years following today's vote.

As told by developers, The distribution of TON began in July 2020, when 98.55% of the total supply became available for mining for anyone to participate. Placed in special "Giver" smart contracts, the approach allowed TON to benefit from the decentralization offered by Proof of Work while remaining a Proof of Stake blockchain. By suspending these wallets, developers say it would lead to greater clarity regarding the volume of TON currently circulating, and "that the active community participating in the open-source project will continue to grow and thrive."

TON's tokenomics optimizationOn Feb. 21, on @ton_blockchain the validators will vote on a proposal to optimize tokenomics. If the