jlelse's Blog

Thoughts, stories and ideas

What was TON and why it is over

Published on 2020-05-12 in 🔗 Links

Short link: https://b.jlel.se/s/163

Share online Translate

⚠️ This entry is already over one year old. It may no longer be up to date. Opinions may have changed.

Telegram wanted to launch a cryptocurrency, but now they stopped that experiment because a US court stopped them and the US has too much power they rather didn’t want to feel.

I am writing this post to officially announce that Telegram’s active involvement with TON is over.

https://telegra.ph/What-Was-TON-And-Why-It-Is-Over-05-12

Tags: Telegram

Interactions & Comments

Jan-Lukas Else Telegram's monetization plans Telegram’s founder Pavel Durov is thinking about ways to monetize Telegram, which until now he mostly paid from his own savings:As Telegram approaches 500 million active users, many of you are asking the question – who is going to pay to support this growth? After all, more users mean more expenses for traffic and servers. A project of our size needs at least a few hundred million dollars per year to keep going.For most of Telegram’s history, I paid for the expenses of the company from …