Leaked Update: Telegram Open Network 70% Complete
Cryptovest
Published Nov 22, 2018 01:21PM ET
Updated Nov 22, 2018 02:41PM ET
Leaked Update: Telegram Open Network 70% Complete
Popular cloud-based instant messaging service Telegram has almost completed its cryptocurrency project. According to an investor update from September, Telegram Open Network (TON) -- as the project is called -- is 70% ready. More interestingly, the report indicated that the Telegram virtual machine (similar to the Ethereum Virtual Machine) is almost ready for the deployment of smart contracts on the TON. The four-slide update was leaked on business and networking social media LinkedIn (NYSE:LNKD) .
The Telegram Open Network is designed to be used for launching and executing smart contracts and decentralized apps. The project is going to compete against Ethereum and can also be used to host tokens, which might be inf...
This article appeared first on Cryptovest
Get The News You Want
Written By: Cryptovest
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.