What is REDO?

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What is REDO?

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REDO Introduction

REDO, a name representing resistance in the digital world, was personally drawn by Telegram founder Pavel Durov as a hooded dog.
Durov created this image as a defiance against Russian government internet censorship. The birth of Telegram was meant to embody this resistance.
REDO is more than a token or emblem; it is a symbol of the determination to fight for internet freedom and freedom of expression.

REDO Vision: A Digital Battlefield for Free Expression

REDO (Resistance Dog), is more than just a symbol; it's a representation of the fight against censorship and the pursuit of freedom. Born in 2018, initiated by Telegram and its founder Pavel Durov, who is also the creator of TON (The Open Network). As Telegram's unofficial mascot, REDO has been at the forefront of battling government and multinational company censorship that tries to restrict free expression in digital media.

REDO is dedicated to building a robust decentralized community at the forefront of digital resistance, fighting alongside TON network, Telegram, and millions of individuals sharing the same ideals. Through the power of its community and internet culture (Memes), REDO aims to promote the growth and widespread adoption of the TON network, bringing together like-minded individuals to create more opportunities on the TON network.

REDO Tokenomics

Token short name: REDO

Chain: TON

Contract address: EQBZ_cafPyDr5KUTs0aNxh0ZTDhkpEZONmLJA2SNGlLm4Cko

Total supply: 100,000,000

Transaction tax rate: 0%

Official Links for REDO

Website: https://www.redoton.com/home

Twitter： https://x.com/redotoken

Telegram： https://t.me/redotoken

TON Network Introduction: Building an Efficient Decentralized Application Platform

The TON network, also known as The Open Network, was developed by Telegram founder Pavel Durov and his team. TON's primary aim is to establish a high-speed and scalable blockchain platform specifically designed for handling large-scale transactions and supporting decentralized applications. This platform is characterized by its security, transparency, and immutability, providing a solid foundation for decentralized applications.

TON has introduced a unique consensus mechanism to enhance network security and operational efficiency. Moreover, it supports smart contracts, enabling automatic execution of transactions and contract terms without the need for centralized intermediaries, significantly increasing the automation and efficiency of transactions.

This blockchain platform operates on the specially designed TVM (TON Virtual Machine) to execute smart contracts, written in the specifically developed programming language FunC, incompatible with Ethereum's EVM (Ethereum Virtual Machine). TON also features a tightly-coupled multi-chain architecture with unlimited sharding and customized working chains to achieve higher transaction processing rates per second (TPS).

Technologically, TON utilizes sharding technology and an efficient routing mechanism to manage millions of transactions per second while maintaining low costs and fast response times. These features address the scalability challenges faced by blockchains, making TON not just a tool for fundraising but a platform for building a decentralized, secure, and reliable network.

Steps to Buy REDO on LBank

Purchasing REDO tokens on the cryptocurrency exchange platform LBank is straightforward. Here's a step-by-step guide:

1. Log into your account: Ensure you're registered and logged into your LBank account, then click the "Trade" option in the top menu bar to start the trading process.

2. Search for REDO: Use the search function within the trading platform to find "REDO", locate the trading pair, such as REDO/USDT, and click to enter its dedicated page.

3. Place an order: In the REDO/USDT trading page's spot trading area, enter the amount of REDO you wish to buy. If you want to complete the purchase immediately at the current market price, select a market order and then click the "Buy" button.

4. Confirm the order: A confirmation window will pop up. After verifying the order details are correct, confirm to place your order. Once the transaction is successful, the purchased REDO will automatically be deposited into your LBank spot wallet.