Sourced from Tech Inside. Telegram is officially calling it quits on its crypto-focused subsidiary, Telegram Open Network (TON). “Telegram’s active involvement with TON is over,” writes Pavel Durov, founder and CEO, in an announcement on his channel. “For the last 2,5 years, some of our best engineers have been working on a next-generation blockchain platform called TON and a cryptocurrency we were going to name Gram. TON was designed to share the principles of decentralization pioneered by Bitcoin and Ethereum, but to be vastly superior to them in speed and scalability,” the announcement continues. /* custom css */ .tdi_3_c4b.td-a-rec-img{ text-align: left; }.tdi_3_c4b.td-a-rec-img img{ margin: 0 auto 0 0; } Durov claims that technology had the potential to revolutionize how people store ...
