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Orbs releases its TON Access service to the general public
Orbs, a public, open, decentralized blockchain infrastructure and a major player in the Telegram Open Network (TON) ecosystem, has released its TON Access service to the general public. By using HTTP requests to the blockchain state from the browser, TON Access functions as a decentralized, remote procedure call (RPC) provider tailored to the needs of TON decentralized applications (dApps),…
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China’s Telegram Open Network Spin-Off Launches Testnet
China’s Telegram Open Network Spin-Off Launches Testnet
China’s Telegram Open Network spin-off, TONCommunity.org has announced that its testnet is now live.
After announcing plans for a separate TON network in late May, TONCommunity.org has launched the testnet on July 28 as said by the project’s founder Tooz Wu.
Meanwhile, TONCommunity.org is also holding an airdrop of mainnet tokens, known as “TONcoins.”
https://twitter.com/TONCommunity/st…
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Telegram Officially Announces To Shut Down TON Testnet By Next Month
Telegram Officially Announces To Shut Down TON Testnet By Next Month
In a July 6 update, the official TON development group on Telegram announced that it would be discontinuing its support of the test network for TON by next month.
The remaining of its TON validators will be turned off by August 1.
The TON official recommended network participants save all their relevant data and stop their testing processes.
Despite the testnet being set to shut down…
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Court orders Telegram to return $1.2 Billion to TON Cryptocurrency Investors
Court orders Telegram to return $1.2 Billion to TON Cryptocurrency Investors
A federal court ordered Telegram to return $1.2 billion to investors in what could be a groundbreaking ruling.
The U.S. Securities and Exchange Commission (SEC) alleges the Telegram Group Inc.’s Grams; or TON, cryptocurrency is really an unregistered security. Thus, Telegram; and its subsidiary TON Issuer Inc., violated federal law by selling 2.9 billion Grams in October 2019, the SEC alleges.
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Chinese TON Community To Launch Separate TON-Based Network
Chinese TON Community To Launch Separate TON-Based Network
Telegram’s terminated blockchain project, Telegram Open Network keeps revamping into new community-led TON networks. On a May 29 blog post, the Chinese TON Community voiced its intention to launch a separate TON-based network.
The community plans to launch their own TON blockchain testnet as well as roll out a project website.
The Chinese TONCommunity will be seeking to recruit more…
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Why Telegram Open Network (TON) Project Failed
Why Telegram Open Network (TON) Project Failed
According to a report on May 12, Pavel Durov announced the ultimate shutdown of the TON project. Two and a half years ago, he raised $1.7 billion from investors for a revolutionary blockchain intended to transform people’s ideas about payments and build a decentralized Internet.
Durov considers that the failure of the project is the fault of the American court, while his investors blame the…
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Telegram Abandons TON Blockchain Project After Court Fight With SEC
Telegram Abandons TON Blockchain Project After Court Fight With SEC
Telegram founder Pavel Durov wrote in his public channel Tuesday that the Telegram Open Network (TON) project would be discontinued due to the company’s ongoing legal fight with the U.S. Securities and Exchange Commission (SEC).
“Today is a sad day for us here at Telegram. We are announcing the discontinuation of our blockchain project. Below is a summary of what it was and why we had to…
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Sidestepping Telegram, Devs and Validators Launch Fork of TON Blockchain
Sidestepping Telegram, Devs and Validators Launch Fork of TON Blockchain
Telegram’s blockchain network finally launched today – or, at least, a version of it.
TON Labs, a startup that helped Telegram run the test network for the Telegram Open Network (TON), launched its own version of the blockchain Thursday, with the support of professional validators. Called Free TON, the fork comes after the group decided not to wait until Telegram is able clear the regulatory…
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