TON developers are ready to launch a blockchain without Telegram
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Answer TON developers are ready to launch a blockchain without Telegram
The TON Community Foundation, made up of dozens of developers and investors, is exploring the possibility of launching a network “Tcable apen network” which is abbreviated as (TON) without sharing Telegram, according to to source.
But Fedor Skuratov, the founder of the organization, said that the decision was not final and some matters still had to be considered.
He says that all the code needed to launch TON is already available, so the only thing left is to create the foundation block, the first batch of transactions, and connect at least 13 validators.
Skuratov added in his statement:
Strictly speaking, no additional measures are required to launch TON by the community, except for consensus within the community.
Read:Confusion in the crypto community after the sudden closure of COSS and the transfer of user funds to Binance
But for recognition, we will need to come to an agreement with the investors (at least, with the majority of them).
In fact, TON Labs has already launched its own test.
Telegram released the code to launch the contract in September last year and gradually introduced new elements even after starting its legal battle with the US Securities and Exchange Commission (SEC).
According to Skuratov, what to do with the tokens that should be distributed among investors and validators after the network is published is still being discussed.
To validate transactions, validators must have a minimum number of gram tokens, which is why a certain number of tokens must be distributed before launch.
According to the agreements signed in October, although investors will only receive 72% of their money if TON is not launched, their investment will still be a good deal if we take into account the current state of the market.
this and already A court in the Southern District of New York has banned the distribution of “Gram” tokens to investors, confirming the Securities and Exchange Commission’s position that “Gram” is an unregistered security token.
Read:5 digital currencies aiming to replace cash “cash”
Read also:
Liquid platform cancels TON’s telegram subscription for this reason!
Agreeing to postpone the launch of Telegram (GRAM) digital currencies until mid-2020
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