BTC$60 907.24


ETH$3 249.66




Binance Coin




USD Coin


Launch of the Telegram Open Network

12 Feb 2019

The Launch of the Telegram Open Network Mainnet Expected in March, Investor Reveals

The much-anticipated launch of the Telegram Open Network (TON) might take place at the end of March, according to one of the investors who chose to remain anonymous.

He revealed an extract from the investor newsletter confirming that the overall progress towards the TON operational version has reached the 90% completion phase. The Durov brothers and their team claim that since September 2018, they have made the 20% progress in the network development.

Initially, the release of the TON mainnet was scheduled to occur this January, but it was postponed because, as the very same newsletter indicates, the team didn’t manage to complete the development of all necessary algorithms in due time.

According to the Bell, a reputable Russian blockchain outlet, Pavel Durov scheduled a meeting with TON investors at the end of February where he will showcase a fully-functional test version of the network. At the same time, Ton will initiate stealth testing to detect and eliminate potential issues with the code and various functional aspects.  

Unconfirmed sources claim that the TON testnet has already been operational for an unspecified period of time, available only to a closed circle of users.

As for other essential updates featured in the newsletter, the developers had already completed their work on the CATCHAIN protocol, an integral part of the TON network used to implement general consensus among the validators in attempt to achieve the Byzantine Fault Tolerance (BFT). The streaming broadcast protocols are also said to have been fully developed.

The most significant progress has been displayed in work on the validator software, utilized for the verification of validators and the formation of blocks. As of now, the software is at the 60% completion stage while in September this figure was only at 10%.             

Why TON causes such a massive stir in the blockchain community

The official launch of TON is expected to be arguably the hottest event of this year. The blockchain-based project initiated by two brothers, Nikolai and Pavel, who were the masterminds behind the creation of two ultra-popular social networks (Telegram and VKontakte), had passed the pre-ICO rounds in flying colors, selling 44% of 5 billion GRAM tokes and raising $1.7 billion.

Only a limited number of investors were admitted to the GRAM token sale, among which were such highly reputable venture capital firms as Sequoia Capital, Kleiner Perkins, and Benchmark. These names alone should instill confidence in the future of TON. Such a keen interest from the whales of the financial world can be partly explained by the fact that the Telegram Open Network already has an enormous pool of potential users which is expected to migrate from the vastly popular instant messaging service of the same name.

Given that the number of Telegram’s active users have been growing exponentially over the last five years (the platform currently has more than 200 million monthly active members), the implementation of the blockchain technology could instigate an even larger influx of users. Such a substantial market capitalization and user base offer GRAM a chance to instantly occupy a spot among the top 10 cryptocurrencies upon its official listing on major exchanges.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 72.4% 48 $60 907.24 2.74% 7.95% $1 201 110 545 769 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 74% 47 $3 249.66 1.95% 10.59% $390 660 724 581 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94% 1 $1.000483 0.01% 0.06% $112 521 291 389 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 78.4% 45 $545.47 2.44% 10.66% $80 502 405 442 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 83.6% 28 $147.48 3.98% 10.54% $68 439 891 003 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 95.6% 1 $1.000054 -0.01% 0.01% $33 955 441 106 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 81.2% 29 $0.529085 0.59% 25.61% $29 525 795 272 XRP 7 days price change
8 Toncoin (TON) TON Toncoin predictions 85.2% 21 $7.39 1.21% 3.73% $18 514 454 508 TON 7 days price change
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11 TRON (TRX) TRX TRON predictions 80.8% 37 $0.137615 -1.83% 10.19% $11 989 577 434 TRX 7 days price change
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14 Lido stETH (STETH) STETH Lido stETH predictions 94.4% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 92% 1 $0.116354 -0.46% 0.23% $10 171 995 609 WTRX 7 days price change

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