It was not long (less than a month) for Telegram to officially announce the launch of its TON blockchain network.

Where the company launched its beta version earlier, we mentioned this in the news:

Telegram launches beta version of its blockchain (TON)

Then, Telegram and its network turned into the biggest threat to the throne of Ethereum, as it supports decentralized applications operating on the Ethereum blockchain naturally.

Telegram also has a user segment of more than 300 million users, which means that it is a real threat and not only a media threat.

The Telegram company did not hide its intention to displace Ethereum and seize the applications running on it through what appeared in white paper of the project, which stated:

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We aim through the TON network to be able to host all the applications currently running, it can be said that TON will be a distributed supercomputer, or rather a super server.

Meaning that all applications currently working, whether on Ethereum or other platforms that have the ability to run decentralized applications, will be able to work in the new Telegram network.

But this is not the first time that a new competitor to Ethereum has appeared. On the contrary, Ethereum has become the common feature and most platforms, whether application operators or developers, take it as a standard, so what makes Telegram exceptional this time.

The white paper of the TON project answers us that its blockchain will be able to handle millions of transactions per second, by relying on the “blockchain” feature.

So will the TON network be the awaited Ethereum killer?

Looking at Ethereum and what it provided and how it works, it can be said that it is the most advanced blockchain project in the world thanks to the group of its developers, who are more than four times the developers working on Bitcoin.

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It is not only the number of developers that is important here, but also that Ethereum is one of the most decentralized types of blockchain.

While the threat to the Telegram network is the updated technology, one of the actual shortcomings that Ethereum suffers from is limited expansion and slow transactions.

In addition, the threat is also represented in the huge number of users owned by Telegram.

The coming days will be busy, and they will surely carry the answer about how dangerous the TON network is to Ethereum.

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