What do they say about Gram coin?

Pavel Durov - VK, Vkontach, Telegram, TON, GRAMPavel Durov - VK, Vkontach, Telegram, TON, GRAM

What do they say about Gram coin?

Bitcoin-Evangelists are increasing its focus on GRAM cryptocurrency. For example, Stepan Gershuni believes that the main market of the Telegram messenger is not Russia but the countries of North and South America, as well as Asia. For this reason, we can assume that the Telegram payment service will be very popular in countries such as Brazil, Iran, Uzbekistan, Ukraine, and Canada.

Many Bitcoin-Evangelists believe that the success rate of the Telegram blockchain platform will be much higher than the Chinese application WeChat. It’s too early to tell, but in a year Telegram’s payment service can take over a significant share of the payment transfer market, and in 5 years – half of the market for other services.

A roadmap of the TelegramOpenNetwork project is before us. We are interested in the time the project takes to be implemented. The team plans not to delay the launch and wants to present the blockchain platform and a wallet already in 2019.

In 2020, the first TelegramOpenNetwork services will be available. The apps like TonProxy, TonServices, and TonStorage will be interesting to crypto-enthusiasts.

Why is there so little information about TON?

The first info about TON started to appear in December 2017. However, Pavel Durov and his colleagues didn’t confirm it officially. The only informational source about TON cryptocurrency was introduced by publishing White Paper, which was a plan of this project’s development. This documents describes advantages of a new blockchain. The company plans to draw investments into the project by using it.

As it is mentioned in the document, TON cryptocurrency exchange between the users of Telegram is rather legal. Every participant of the project will have his individual identificator. A burse for the project and its services’ advertising will be organized in Telegram. The Gram cryptocurrency will be used in TON blockchain. The users will be able to use it both online and on the trading platforms. The wallets made for saving Gram cryptocurrency can be used for storing another cryptocurrencies.

This document isn’t confirmed officially that’s why nobody knows a certain date of the project launch and the cost of Gram coins.

What’s the aim of the TON project development?

According to the main author Pavel Durov, a new blockchain will help to create a valid, independent and steady online platform. The blockchain developers are going to create stable and, what’s also important, self-recovering system.

TON, Gram and another cryptocurrencies

As we have already said, the operations in TON blockchain are processed very quickly. TON’s capacities exceeds ones of Visa and Mastercard. To compare, TON processes couple millions of operations per second, while Visa and Master Card are able to process only 30 000 operations per second. Even the most famous cryptocurrencies concede to TON speaking of the speed of the operations’ processing. In Ethereum the speed of transactions’ processing equals 25 per second and in bitcoin it is 7 operations per second. TON is connected with Telegram messenger. It gives the opportunity to its users to do the internal and external operations using TON currency. The transactions are processed among the Telegram users, which increases the system potential.

As long as TON blockchain’s speed is very high, it can become alternative payment instrument.
When do TON cryptocurrency and its tokens come out?

As it is known from non-official info sources, coming out of a new cryptocurrency is planned for spring 2019. They also plan to launch the external security code and Telegram wallet in a new stable version in the same year as mentioned. The beginning of 2019 is connected with the launch of proxy-server, storage and blockchain economics.

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