Although Telegram has terminated its blockchain project, Telegram Open Network (TON), in May 2020, the TON test net has been apparently running for almost one year. In a July 6 update, the official TON development group on Telegram announced that it would be discontinuing its support of the test network for TON. Remaining TON validators will be turned off by August 1. In the post, the TON official recommended network participants save all their relevant data and stop their testing processes. Despite the testnet being set to shut down less than a month from now, network participants will still be …
This is the second article in our series on integrating payment channels on Telegram Open Network. In the first part, we introduced the network, detailed our experience of the contest, and explained how synchronous and asynchronous smart contracts work. As the next addition to the series, this article details how we built a synchronous payment channel on the network during TON’s contest back in September. Here, we will be talking only about Fift (TON’s general-purpose programming language) and FunC (TON’s programming language for writing smart contracts). The TON white paper provides more in-depth information about payment channels, but we will …
Digital asset custodian of software firm Anchor Labs has stated that it became the first entity qualified to support institutional custody for Telegram’s Gram (GRM) token. Gram to launch on Oct. 31 Anchorage Trust Company, a wholly owned subsidiary of California-based Anchor Labs, will be the first entity that will enable institutional investors and organizations to hold Gram tokens at launch on Oct. 31, the company’s co-founder and president Diogo Monica announced on Oct. 7. Not registered with the SEC In the blog post, the firm stated that the services will be offered either through Anchorage Trust Company or Anchorage …
Privacy-focused encrypted instant messaging service Telegram has created a new programming language for its Telegram Open Network (TON), according to a document posted on an unofficial TON Telegram channel on May 23. The document — evidently authored by Telegram co-founder Nikolai Durov and dated May 23 — introduces a new language called Fift. The language is specifically designed for developing and managing TON blockchain smart contracts, and interacting with the TON Virtual Machine (TVM). TVM, in its turn, executes smart contract code in the TON blockchain, supporting all operations required to parse incoming messages and persistent data, and to create …
The development team behind encrypted messaging service Telegram’s forthcoming blockchain ecosystem Telegram Open Network (TON) has partnered with German financial services provider Wirecard. The latter revealed the news in a press release on April 17. TON Labs, which also functions as a knowledge base for decentralized project development, will work with Wirecard to develop new digital financial products, the press release reports. The partnership comes a week after sources hinted that TON had moved to private beta testing mode, a watershed moment for the project since its massive private initial coin offering (ICO) last year. “The addition of TON Blockchain …