24/05/19 09:40 UTC-4

Durov's blockchain-project, Telegram Open Network will start in Q3 2019

Telegram Open Network, Durov's blockchain project, will start in Q3 2019
Telegram Open Network, Durov's blockchain project, will start in Q3 2019

On the 24th of May, in The Block there was information about the launch of the cryptocurrency project of Pavel Durov, Telegram Open Network. The project investors received letters notifying about the end of the platform testing.


The launch of the Telegram Open Network (TON)

On May 24th, information was updated on the launch of the Telegram Open Network (TON) blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
platform and the internal GRAM tokenToken
– is an accounting unit that is used to represent a digital balance in an asset.Details
. As is known, this project was developed by a team of engineers under the leadership of Pavel Durov. Previously it was expected that the platform would launch even in the winter of the current year, but the launch was postponed due to the difficulties of testing.

Interesting in the section: Financial geography. Cryptocurrencies in Poland

Now, research and testing of TON platform successfully completed. Investors were warned that the full launch will take place no earlier than the middle of the third quarter of this year. At the same time, the letter also reported that closed testing (which began in April) was successfully completed and showed no problems in the work of the blockchain.

"New testing has confirmed our confidence in the ideal operation of the TON virtual machine, which is already ready to achieve the goals of our technical protocol" – Telegram Open Network (TON).

Pavel Durov's blockchain-project, the Telegram Open Network, will be launched in Q3 2019. Recall that in November of last year, platform developers reported on its 70% availability.

Editor: Godfrid Brower

See also: "$1 billion investment in 10 days for Bitfinex cryptocurrency exchange"

#TelegramOpenNetwork #TON #GRAM #blockchainplatform #PavelDurov #cryptocurrency #blockchain



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