Messaging platform Telegram boasts 200 million users and last year raised $1.7 billion in an ICO for its Telegram Open Network (TON) blockchain.
Files and instructions for users to test the blockchain have appeared online, allowing the creation of smart contracts.
This follows last year’s
record-breaking ICO fundraising targeted at professional investors. It was somewhat controversial at the time, as by far the largest ICO to date, but for a blockchain which was vague on technical details. Hence, this open testing phase will be crucial for TON’s development.
One of the key aims of Telegram’s blockchain is to bring distributed ledger technology (DLT) to the masses. The instant messaging platform, released in 2013, and in March 2018 surpassed 200 million monthly users and is known as the go-to app for crypto enthusiasts thanks to its security. Telegram also integrates bots, actively used by over 50 million users, which allow for in-app payments.
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