Telegram Will Launch TON in Q3 2019 with New Programming Language
Henry Chan May 24, 2019 16:00
Telegram will launch the Telegram Open Network (TON) in Q3 2019, according to the internal note sent to investor as reported by The Block on 23 May.
Telegram will launch the Telegram Open Network (TON) in Q3 2019, according to the internal note sent to an investor as reported by The Block on 23 May.
Telegram’s project channel recently revealed Fift, the new programming language specifically designed for developing and managing blockchain smart contracts of TON. Fift is compatible with the TON Virtual Machine (TVM).
To create new messages and modify persistent data, TVM executes the code in TON blockchain to support all operations needed for parsing incoming messages and persistent data.
Telegram stated that this testing period “reaffirms our belief that the TON virtual machine and the TON … Byzantine consensus algorithm is capable of meeting the goals stated in the original white paper.” The purpose of Telegram to provide a platform for blockchain developers building their dApps, similar to Ethereum.
In April, as reported by Blockchain.News that Telegram launched private testing for TON and an anonymous person claimed the TON Blockchain is capable of an “extremely high transaction speed” which can be a major competitor to Ethereum.
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