Durov will launch its crypto currency, but this is not accurate

By: Bohdan Chub | 22.12.2017, 14:17
Durov will launch its crypto currency, but this is not accurate

Former Telegram employee Anton Rosenberg told about Pavel Durov's plans to integrate his own crypto currency into the messenger. The network also merged the project's promo, according to which the new block-platform Telegram Open Network (TON) will be launched in 2018.

What is known?

According to sources, Telegram's blockbuster uses the Proof-of-Stake (PoS) protocol, it is easy to scale and has the ability to create smart contracts, which makes it a competitor to Ethereum and other crypto-currencies. Transactions will occur almost instantly.

In a recent conversation with Bloomberg, Pavel Durov said he was going to present "something big" in 2018. Plans for the near future also include the introduction of monetization in Telegram, and since the team has always opposed advertising in the messenger, the decision can be the creation of its digital currency. The video also talks about going to the ICO (initial placement of coins).

welcome to the club

The idea of ​​Telegram developers is not new. This year, the Canadian messenger Kik launched Kin's crypto currency on Ethereum's blockbuster and raised nearly $ 100 million in the course of the ICO. Users will be able to spend tokens on the goods and services of the company's partners, although the crypto-joke itself is not yet integrated into the application.

Anton Rosenberg published only a snippet of the TON commercial, and on the YouTube-channel ZΞFIR appeared the full version (albeit in low quality):

Sources: Anton Rosenberg , ZΞFIR