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Author Topic: Third party will launch TON  (Read 277 times)
Alhamza24 (OP)
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May 14, 2020, 12:24:06 PM
 #1

Telegram finally announced to stop its TON and Gram initiative. The firm has abandoned the project as SEC imposed regulatory restrictions. However, an independent group of developers has stated that they would work to create a Free TON network. But will Third-party project be safe?
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May 14, 2020, 02:30:58 PM
 #2

As long as the code can be audited before it will be massively used by public and we can sure if that TON free blockchain will be a safe blockchain to be used by everyone.

We need a trusted party to audit the code at least some people who expert on it.

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May 14, 2020, 02:57:55 PM
 #3

I wonder why you call them "Third-party". 
I guess they are part of the centralized telegram community that participated in crowdfunding and development of crypto-based telegram. Maybe they decided to let the typical government regulate the centralized telegram while they focus on building a fully decentralized one that will be free from centralized regulation?

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May 16, 2020, 03:26:17 PM
 #4

It doesn't matter at all, the TON network will be absolutely useless and valueless if Telegram is not behind the project and Gram, or whatever coin or token they create, can't be used on Telegram.
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May 16, 2020, 03:28:52 PM
 #5

Too bad they are in the United States and dealing with the SEC, many projects have problems there,
it's better not to participate in the TON, because it is very risky

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May 16, 2020, 06:32:12 PM
 #6

actually it is a good step they keep trying to revive this project, it's just a bit risky, especially as far as I am TON has no affiliation with Telegram anymore and because of that I became doubtful about their decision.

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May 16, 2020, 06:37:30 PM
 #7

Too bad they are in the United States and dealing with the SEC, many projects have problems there,
it's better not to participate in the TON, because it is very risky

Is it possible to move the projects somewhere else and not deal with SEC? Why would even Durov decided to make it ob the US territory? He obviously knew there will be lots of problems.

And who will fund these third parties? Does Durov intends to raise another sum for them or what?

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May 16, 2020, 07:27:38 PM
 #8

Telegram finally announced to stop its TON and Gram initiative. The firm has abandoned the project as SEC imposed regulatory restrictions. However, an independent group of developers has stated that they would work to create a Free TON network. But will Third-party project be safe?

Telegram team has insisted on this for a very long time. However, it was obvious that TON would come to this point after the SEC intervention. Instead of insisting on this, it would be appropriate for them to support a different network. Thus, they would have had the chance to complete what they thought and both got rid of legal restrictions.

As a result, as mentioned in the topic, independent developers can try to implement their ideas. We will see the issue of safety when everything comes up. However, it should not be expected that the upcoming project will catch the same hype as the idea that Telegram offers.
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May 16, 2020, 08:33:04 PM
 #9


Is it possible to move the projects somewhere else and not deal with SEC? Why would even Durov decided to make it ob the US territory? He obviously knew there will be lots of problems.

And who will fund these third parties? Does Durov intends to raise another sum for them or what?

We know that the US market share is very attractive to investors, maybe that is a consideration, but the fact that is not in line with the SEC has stopped the Durov project

I read and found this

TON Labs chief technology officer Mitya Goroshevsky.  
Quote
Ton Labs, launched their own version of the TON blockchain — effectively a hard fork — dubbed Free TON. The startup is not officially associated with Telegram or the original TON, but it did previously run TON’s test network. Ton Labs  its goal is to make the network available to the public without waiting for Telegram to pass regulatory obstacles, specifically those with the SEC.


Source: https://www.okex.com/academy/en/telegrams-ton-is-over-the-full-saga-behind-the-failed-blockchain-project

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May 16, 2020, 08:44:07 PM
 #10

It could be the strategy or new move from the same telegram team or developers, i think now they will launch this project anonymously and register it at some small country or place as an offshore company so that they can get rid of the SEC jurisdiction, i think project should continue and i will support this move from the developers.

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May 16, 2020, 11:57:09 PM
 #11

Who is the third party? Was it part of the TON team or community before this project is stopped by Telegram?
TON has become a hot discussion currently because this is a big project that many people are waiting for. Unfortunately, Telegram gives up and stopped this blockchain project. Consequently, many investors are disappointed with this.
If the plan of the third party will save and create Free TON, will it be the same as the basic purpose of the TON by Telegram? Or will it be different?
I do not know about the third party so that it is difficult to say that it will be safe or not. if we know who they are and what is the relation to the TON, we may need to search it more and believe in this.

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May 17, 2020, 12:27:26 AM
 #12

Telegram finally announced to stop its TON and Gram initiative. The firm has abandoned the project as SEC imposed regulatory restrictions. However, an independent group of developers has stated that they would work to create a Free TON network. But will Third-party project be safe?

The question is will Telegram allow this third party to created a supposedly Free TON network?  Can you post the link as well as where you get the news that there are group of developers interested about creating it? Maybe this supposedly third party as somewhat related to Telegram themselves, or possible that Telegram hired them to create for them so that they can deflect the attention the getting from the US authorities.

 
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May 17, 2020, 01:00:43 AM
 #13

I am curious enough if it's okay with Telegram to use their project that suspended? For sure, these groups of developers has authorized by Telegram. The difficulty here is what if, these groups of developers are also connected with Telegram? Do they just want to cut the connection of Telegram to the TON cryptocurrency?
Read more about the issue here: Telegram Drops TON Cryptocurrency Project After US Prohibits Global Distribution

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May 17, 2020, 01:21:11 AM
 #14

I am curious enough if it's okay with Telegram to use their project that suspended? For sure, these groups of developers has authorized by Telegram. The difficulty here is what if, these groups of developers are also connected with Telegram? Do they just want to cut the connection of Telegram to the TON cryptocurrency?
Read more about the issue here: Telegram Drops TON Cryptocurrency Project After US Prohibits Global Distribution

I don't think Involvement of telegram developers on a project that was pursued by telegram is a bad thing. It's not the people who wanted to exclude telegram of TON. It was the Securities and Exchanges Commission which is forcing Telegram to not get involved in it. It's more of a legal issue that telegram is not involved not and ethical one.

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May 17, 2020, 01:48:38 PM
 #15

Too bad they are in the United States and dealing with the SEC, many projects have problems there,
it's better not to participate in the TON, because it is very risky
Agree, it is best to stay away from projects created in the US because all will fail. The SEC will not accept any projects created, if we invest in them we will definitely lose money

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May 17, 2020, 03:48:12 PM
 #16

Telegram finally announced to stop its TON and Gram initiative. The firm has abandoned the project as SEC imposed regulatory restrictions. However, an independent group of developers has stated that they would work to create a Free TON network. But will Third-party project be safe?
Telegram's TON project was another casualty of the SEC intervention, By the way, if other third-party developers want to continue the TON project the developer should be transparent and have proven credibility because who knows it will be another form of scam that waiting to happen in due time. we need to be sure if those so-called developers are legitimate for the sake of future investors.
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May 17, 2020, 04:01:50 PM
 #17

When TON is deployed by a third party, does it get the attention of the community, is it Telegram's effort to save TON by letting the third party develop TON to avoid problems?

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May 17, 2020, 04:08:47 PM
 #18

It doesn't matter at all, the TON network will be absolutely useless and valueless if Telegram is not behind the project and Gram, or whatever coin or token they create, can't be used on Telegram.

The main advantage of TON could be its integration into Telegram. Therefore, no matter what an independent development team creates, it will not have the same advantage as a closed Durov project. It's the same thing, how to create a Libra without the participation of Facebook.

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May 17, 2020, 04:10:00 PM
 #19

Telegram finally announced to stop its TON and Gram initiative. The firm has abandoned the project as SEC imposed regulatory restrictions. However, an independent group of developers has stated that they would work to create a Free TON network. But will Third-party project be safe?

About the raised fund ton have is there any plan to give it back to those investors. I just heard that they ICO receive a large from investors are they going to stop the project and return the money to all ?

And for the third party what will be the use of ton if the owner doesn't have plan to launch it. Unless third party want to adopt it and plan to create new demand in TON coins.

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May 17, 2020, 05:52:13 PM
 #20

I am not sure if TON has a third party, TON is indeed from a large company, yup Telegram,
but they fail to legalize, I am not sure they can be safe

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