Stellar Lumens (XLM) Forum with for newcomers and contributor's rewarded Check here




Telegram Open Network Crypto Project Reaches Its 90% Completion
  • 1 Vote(s) - 2 Average
  • 1
  • 2
  • 3
  • 4
  • 5

#1
[Image: Telegram-Open-Network-Crypto-Project-Rea...80x405.jpg]
The ongoing development of Telegram Open Network aka TON project will likely make its own crypto history as this platform seems to be most secretive yet well-funded till date.

In 2018, the ICO at Telegram sold Gram tokens to an exclusive group of investors by raising a prominent worth of $1.7 Billion. Some of the names of investors include Sequoia Capital, Benchmark, and Kleiner Perkins Caufield & Byers.

TON Project Completes 90% Of Its Platform


There is news about one amongst striking project: the Telegram Open Network aka TON to accomplish 90% of its platform. The team members at Telegramrecently release their latest investor update which depicts their considerable progress.


Also, they unveil their plans about launching a testnet in the earlier phase of March this year. Moreover, the initial testnet launch had been scheduled basically for January this year.


Meanwhile, the report also informs about the Telegram team to initiate their work together to list the GRAM token just after the Testnet goes live. They are preparing to work with some leading Asian exchanges to accomplish this target


Some big names were revealed including BinanceHuobi, and OKEx. On the other hand, Telegram seems to negotiate potential collaborations with retails, e-commerce, along with various online service providers.


[Image: Telegram-Open-Network-Crypto-Project.jpg]


About the TON aka Telegram Open Network


The leaked unofficial whitepaper reads that this project of TON holds a vision is to establish a cryptocurrency as well as an ecosystem that both meets the requirements of the more than 200 Million Telegram users.


Moreover, they would be achieving this by integrating their blockchain network within the messaging app. Also, the TON network seems scalable via sharding smart contracts for DApps aka decentralized applications.


This project will also employ a PoS aka Proof-of-Stake approach incorporating consensus mechanisms via several Byzantine Fault Tolerant Protocol. The news also specifies that their transactions will load on the specific TON network to project the eclipse or match the level as for VISA/Mastercard.

Lastly, it will offer an avenue for micropayments right on their TON network with the possibility of P2P storage network with access like a torrent.


by Delma wilson
Reply


Possibly Related Threads...
Thread Author Replies Views Last Post
  Crypto Payments on Amazon Just Got Easier via New Moon Browser Extension crytocure 0 17 Yesterday, 12:00 PM
Last Post: crytocure
  LOWER-TIER CRYPTO EXCHANGES STILL DOMINATE MARKET, RESEARCH crytocure 0 13 Yesterday, 11:37 AM
Last Post: crytocure
  How to Trade Crypto in Person Safely crytocure 0 54 20-10-2019, 03:59 PM
Last Post: crytocure
  6 Darknet Markets for the Crypto Curious crytocure 0 63 19-10-2019, 11:26 AM
Last Post: crytocure
  The Biggest Crypto Wallet Scandals Of 2019 crytocure 0 31 17-10-2019, 03:19 PM
Last Post: crytocure
  How to Trade Big Crypto Volumes, Explained crytocure 0 33 16-10-2019, 03:29 PM
Last Post: crytocure
  The Power of Crypto: $933 Million Worth of Bitcoin Sent for $4 crytocure 0 34 16-10-2019, 12:32 PM
Last Post: crytocure
  Android Tool Lets You Check Crypto Payment Apps for Double-Spends crytocure 0 49 15-10-2019, 01:04 PM
Last Post: crytocure
  The Ripple Effect: Crypto Platform With 2.5 Million Users Now Supports XRP crytocure 0 95 14-10-2019, 01:19 PM
Last Post: crytocure
  Attackers Create Elaborate Crypto Trading Scheme to Install Malware crytocure 0 27 13-10-2019, 11:41 AM
Last Post: crytocure



Users browsing this thread: 1 Guest(s)