The controversial Telegram Open Network (TON) project is once again a hot topic in the Blockchain industry following the Chinese TON community’s announcement. On May 29, a group of Chinese developers supporting the project from the very start, revealed its intention of pursuing the ambitious goal of launching their very own Blockchain network. This announcement came hot on the heels of Pavel Durov, CEO of Telegram’s official withdrawal from the project.
The future for the TON Blockchain had been high, particularly during the initial phases of the project. Durov and the team had been working on it since 2018, visualizing the day wherein Telegram users would be able to send cryptocurrency within the messaging app. The October 2019 launch was just around the corner when the US Securities and Exchange Commission (SEC) entered the picture. With an emergency restraining order, Telegram had been forced to delay the launch until all the legal issues had been addressed. The lawsuit, which dragged Telegram’s reputation out of the line for months, left the creators with no choice but to abandon the project.
Durov and the rest of the team also announced that they would be working on other initiatives. The TON code’s principal development task, as stressed, had already been transferred to the free source community.
However, despite the chaos that started back in October 2019, it’s clear that many developers are hopeful about the project’s potential. The Chinese community’s plan is proof that the TON project, despite being terminated, still can spawn several community-led TON Blockchain networks. Currently, NewTON and Free TON are two of the most talked-about global TON-based projects.
In the blog post written by Tooz Wu, the Chinese TON community founder, he revealed that the group had already talked about the different stages of the project. Initially, they would focus on the TON Blockchain testnet. Notably, the testing phase would require them to recruit additional nodes and network developers.
TON Labs’ co-founder and a current developer for Free TON, Mitja Goroshevsky, voiced out his opinion following the announcement. Notably, his organization had previously worked as a third-party developer for the TON Blockchain. In an interview, he said that the Chinese initiative doesn’t sound like a threat mainly because they believe that the success of a community-led TON project should be based on merit. He also added that he sees nothing but benefits.
But apparently, Goroshevsky’s Free TON and the Chinese TON Community seemed to be on the other side of the road. On May 7, the latter explicitly criticized Free TON via a public tweet, stressing that the project is not representing the TON community itself.
Free TON is a shitcoin by TON Labs Company.— TON Community (@TONCommunity) May 7, 2020
Does not represent the TON Community.
Who is the TON Labs Company BOSS ? https://t.co/JBcISIes5a