Categories: News

Telegram launches TON blockchain in October

The developers of Telegram Open Network (TON) sent a letter to investors informing them that the project will be launched by the end of this month.

The authenticity of the letter was confirmed by the technical director of TON Labs Mitya Goroshevsky.

In order to receive their tokens, investors will need to download the key generator, which the developers have posted publicly, generate a wallet for themselves in the TON blockchain, and then provide the public key of the company. The key will be verified using the credentials provided when purchasing tokens.

At the same time, Telegram will not manage the network, while TON Labs will launch its own validator pool. According to the letter, “investors will choose block validators themselves. Neither Telegram nor the TON Foundation will act as validators after launch. ”

Recall that the blockchain project of the Telegram messenger raised more than $ 1.7 billion in two rounds of ICO. The TON blockchain test network was launched in early September this year.

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