Crypto News

TON’s journey is not over yet and scores with a partnership with Telegram-verified Payments Bot

                                                            Telegram mag sein Cryptoprojekt aufgegeben haben, aber der Token lebt weiter.  Niemand geringerer als der CEO des Cloud-basierten Instant-Messaging-Dienstes Telegram und der Schöpfer des Blockchain-Projekts, Pavel Durov, ist glücklich, dass es am Leben ist.

The TON blockchain got off to a difficult start, but that may change soon. The TON Community announced the partnership between the TON Blockchain and Donate, the recently launched Telegram verified payment service.

TON Community receives new partnership

According to the official announcement, the latest deal will essentially allow users to make donations and their subscriptions with the Cryptocurrency Pay Toncoin. On the other hand, the admins of the channels can collect their income in the same cryptocurrency. Not much is known about the details of the partnership. However, the official post mentioned that additional information about it will be released in the next few days.

Interestingly, Telegram co-founder and CEO Pavel Durov also recently posted on his channel conveying support and enthusiasm for the Toncoin outcome.

For the uninitiated, the TON blockchain was created by Durov’s brother back in 2017. However, Telegram and the two co-founders had to resign from the project last year. In conversation about this, Pavel Durov said:

“When Telegram said goodbye to TON last year, I expressed the hope that future generations of developers would one day continue our vision of a blockchain platform suitable for the masses. So I was inspired to watch the champions of Telegram’s coding contests develop the TON open project, which they renamed Toncoin. “

Durov also said that he takes pride in the fact that the technology “lives and develops”. In contrast to the original TON, Toncoin is independent of Telegram. But that didn’t stop the manager from wishing the team behind it the same success.

Telegram hands the coat over to the community

The initiative called “Telegram Open Network” was supposed to be a merger of a proof-of-stake (PoS) blockchain platform and a native token that generates payments through their chat app. In addition, the creators also tried to explore the Web3.0 internet with decentralized storage, anonymous network, DNS and various decentralized services.

However, just weeks before its scheduled launch in October 2019, the US Securities and Exchange Commission sued the company, accusing it of violating securities law.

As a result, the start was canceled. It was in May 2020 when the popular messaging app stopped supporting the TON blockchain. To keep the project alive, Telegram made the code of TON open source and gave it to the community.

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Source: Crypto News Deutsch

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