Coded messaging service Telegram will launch its extremely anticipated Telegram Open Community (TON) on the finish of October.
In a October 2 message within the official TON board on Telegram, the corporate states that unique traders have been knowledgeable that the blockchain community could be launched later this month.
Buyers obtain the software program for producing TON keys and should present Telegram with a public key by October 16 to obtain their Gram (GRM) tokens – the platform's native token. The whole source code for TON is now out there on Github.
The report states that the launch is following a profitable testing part.
Compatibility with Ethereum and good contracts on TON
The community will reportedly be compatible with the Ethereum community, with which customers can switch their Ethereum good contracts to TON. Software program start-up TON Labs, which is managed by the Telegram token providing traders, is reportedly engaged on creating a Solidity compiler for its blockchain. Solidity is a programming language that’s primarily used to develop good contracts at Ethereum.
Final week, Telegram announced a coding competitors for constructing good contracts on TON. The habits tools offered within the TON Blockchain distribution, individuals compete for a prize fund with a price between $ 200,000 and $ 400,000.