Telegram ICO – Telegram Open Network – TON – 2018
This is a lovely leaked Telegram ICO promotional trailer narrated by Kurzegast voice Steve Taylor. Find all the information on https://telegram.org/
Leaked PDF Whitepaper – https://drive.google.com/file/d/1ucUeKg_NiR8RxNAonb8Q55jZha03WC0O/view
No official announcments have been made so far from telegram about an upcoming ICO.
Telegram, an app with over 180 Million users and growing 500,000 people daily, will be releasing their own blockchain that can run millions of transactions per second. ( Visa does only 10,000 )
The Telegram Open Network “TON” will also act as an app platform that can host thousands of applications. in 2018, over 200 million people will already be using the TON blockchain.
TON The Next Bitcoin?!? Telegram ICO $1.2 Billion
About Telegram Open Network
At the core of the platform is the TON Blockchain — a scalable and flexible blockchain architecture5 that consists of a master chain and up to 292 accompanying blockchains. Below are some notable design choices that allow the TON Blockchain to process millions of transactions per second.
Infinite Sharding Paradigm
To achieve scalability, TON has built-in support for sharding: TON blockchains can automatically split and merge to accommodate changes in load. This means that new blocks are always generated quickly and the absence of long queues helps keep transaction costs low, even if some of the services using the platform become massively popular.
Instant Hypercube Routing
TON blockchains use smart routing mechanisms to ensure that transactions between any two blockchains will always be processed swiftly, regardless of the size of the system. The time needed to pass information between TON blockchains grows logarithmically with their number, so scaling to even millions of chains will allow them all to communicate at top speed.
TON uses a Proof-of-Stake approach in which processing nodes («validators») deposit stakes to guarantee their dependability and reach consensus through a variant of the Byzantine Fault Tolerant protocol. This allows TON to focus the computing power of its nodes on handling transactions and smart contracts, further increasing speed and efficiency.
2-D Distributed Ledgers
TON can «grow» new valid blocks on top of any blocks that were proven to be incorrect to avoid unnecessary forks. This self-healing mechanism saves resources and guarantees that valid transactions will not be discarded due to unrelated errors.
As a multi-blockchain project, TON requires sophisticated network protocols — such as the TON P2P Network used to access the TON blockchains6 — that can be reused to give a significant boost in flexibility to the platform. The following components are scheduled to be released after the TON Blockchain core and will further increase the potential uses of the TON infrastructure.
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