Odaily News Jack Booth, co-founder of TON Society, believes that achieving mass adoption of cryptocurrency depends on advancing decentralization within TON. Booth, whose organization focuses on decentralizing finance and data on TON, said the TON community is "building a decentralized ecosystem" to make DeFi, data, and digital ownership "more accessible." "TON's mission is to achieve mass adoption of cryptocurrency, and our goal is to achieve this by removing barriers between users and developers and making blockchain technology highly scalable, effective, efficient, and user-friendly, making it accessible to the masses," Booth said. Decentralized networks can give users more control over their data and finances without relying on centralized institutions, Booth said, but he warned that competing technologies such as central bank digital currencies (CBDCs) could undermine this, posing fundamental challenges to the principles of decentralization, especially privacy and self-sovereignty. (Cointelegraph)