According to investors, the test network will appear in January.
The team of Pavel Durov announced to investors that the launch of the blockchain platform Telegram Open Network (TON) and its own cryptocurrency is scheduled for March 2019, The Bell reported , citing sources who are familiar with the company’s plans. The test network has already been opened or is planning to open in January, the publication’s interlocutors diverge in the data.
According to The Bell, Durov planned a full launch at the beginning of the year, but he had already allowed delays for 2-3 months due to the “innovative nature of development”. In the coming months, the Telegram team will meet with the largest investors and present a test version of TON.
The authors of the Telegram channel @Tgram, who are following Durov’s project, have provided The Bell with a newsletter for investors from the beginning of January. The document says that TON is 90% ready. Durov didn’t answer The Bell request.
For the first time about the creation of TON became known in January 2018. According to media reports, Durov planned to launch it in March of that year, but this did not happen. Nevertheless, the founder of Telegram has raised $ 1.7 billion from investors.
From the published documents it follows that the system uses a new cryptocurrency Gram. Durov promised investors to process transactions several times faster than Bitcoin and Ethereum blockchains, as well as compete in speed with Visa and Mastercard.
In October 2018, it was reported that investors learned about the readiness of the platform by 70%. The test version of TON was planned to be launched before the end of the fall, but the dates have changed again.