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Report: Telegram to Launch TON Network in Q3 2019

Published 05/23/2019, 09:00 PM
Updated 05/23/2019, 09:22 PM
Report: Telegram to Launch TON Network in Q3 2019

Encrypted messaging service Telegram will purportedly launch its Telegram Open Network (TON) in the third quarter of 2019, according to crypto news site The Block.

An internal memo sent to investors reportedly said that the network would launch later this year. Telegram purportedly said that a recent successful test process “reaffirms our belief that the TON virtual machine and the TON ... Byzantine consensus algorithm are capable of meeting the goals stated in the original white paper."

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