Telegram Officially Launches its Own TON Block chain Onto a Private Testnet, Clocks High Speeds Already
Being decentralized with an emphasis on confidentiality and
security for its users, Telegram has gained fame and a little bit of notoriety
if we're taking into accounts its reputation in the eyes of the Russian
government.
With its steady growth, the global messaging system has
officially launched a private beta test of its new dedicated block chain
solution. Known as the Telegram Open Network, the solution went into closed
beta as of this week, according to a Russian media outlet in April 11th.
According to the Russian news team, known as Vedomosti,
Telegram has officially opened up access to this test iteration of the TON
blockchain to only a limited pool of developers in order to get very
constructive feedback with regards to its performance, especially intending to
put it into the hands of Russian development teams.
The news outlet went on to cite two anonymous developers
that have reportedly obtained early access to this beta version of the TON
blockchain, these team were able to get set up and establish themselves as TON
blockchain nodes.
For the moment, this testing has not managed to provide many
distinctive outcomes for the Telegram team, these previously mentioned testers
have since disclosed that there are some positive notes to take away from the
test so far. Specifically, the TON blockchain has managed to demonstrate an
‘extremely high transaction speed.'
While this is an added positive for the team, these indices
for measuring the transaction speed are not available for the moment, meaning
that this information could not be substantiated. This is reasonable, however,
considering the fact that the code itself, including its accompanying smart
contracts, are in the process of testing, meaning that they're not readily
accessible.
Telegram struck its foundation with an emphasis on the need
for providing users with a far greater degree of confidentiality when it comes
to their communication with other users internationally. Making use of
encryption, Telegram was founded by Nikolai and Pavel Durov back in 2013, and
had managed to accrue a massive population of 200 million active users according
to reports over March 2018.
In more recent news, approximately 3 million new users
signed up, according to the team over the span of 24 hours. This . was made all
the more possible thanks to the series of outages experienced by Facebook,
Instagram and Whatsapp over March 14th. This was according to an official post
by Telegram Co-founders published at the time.
It was during this same year that Telegram ICO had managed
to raise a record breaking (at the time) of approximately $1.7 billion across
two private rounds of Initial Coin Offerings. These would go on to fund both
its encrypted messaging service, but also its TON platform development.
While it was reported by the Russian media outlet Vedomosti
that the Telegram team would be releasing a test version of its TON solution in
the third quarter of 2018, there has yet to be solid metrics associated with
the official launch date of TON blockchain overall.
Durov has also since declined the opportunity to provide a
solid date for its release as well. In more recent news, it was reported that
purchase agreements for Telegram tokens within the messaging service would
officially be terminated if TON is not able to launch on the estimated date of
October 31st 2019.
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