Author Topic: The project Telegram Open Network (TON) is 70% ready ❗️  (Read 52 times)

Offline Invisibility28

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The project Telegram Open Network (TON) is 70% ready ❗️
« on: November 22, 2018, 11:08:02 PM »
Pavel Durov's blockchain project of the Telegram Open Network (TON) is 70% complete. This became known from the documents published in the network, dated the fifth of September. They were announced by Button co-founder Mike Dudas.
🔺They confirm previously published information that the TON Virtual Machine (TVM) smart contract mechanism is “fully implemented and tested.” His readiness is estimated at 95%.
“It may be necessary to make minor changes in the TVM mechanism during the process of connecting to the software to generate and test blocks in the TON blockchain,” the document says.
It is also noted that at the completion stage there is a component for executing transaction requests in the TON network. At the same time, the software for block validation is only 10% ready.
☝️ Recall, in 2018, Telegram in the course of two rounds of a closed ICO TON raised $ 1.7 billion to develop the project.
In September, it was reported that Telegram will begin testing the TON blockchain platform in late autumn.