THE BIG REVEAL
It’s official! Telegram’s long-anticipated Telegram Open Network (TON) is set to launch late this October. In a recent update shared on the official TON Board via Telegram, the news was given to on-edge investors who’ve been waiting to see if this was just another tech hype or if it would finally deliver.
TOUCHDOWN FOR INVESTORS
Investors can get ready for action! They’ve been sent the TON key generation software and must provide Telegram with their public keys by Oct. 16th to snag their Gram (GRM) tokens. Did someone say “token”? Yes, that’s the hot new slang for the platform’s native currency, and investors are eagerly waiting to see what it will be worth come launch day.
CODE ON DISPLAY
In a twist that would make even a developer proud, Telegram has dropped the entire source code for TON on GitHub. Talk about transparency! If you’re a techie with a penchant for deconstructing code, this is your moment. Dive in and take a peek to understand what you’ll be playing with shortly.
SMART CONTRACTS, BEGONE!
Get ready to unleash the power of smart contracts. The TON network is designed to play nice with Ethereum, meaning you can port your Ethereum smart contracts over to TON without batting an eye. The minds behind TON Labs — the brainchild of Telegram’s token offering investors — are whipping up a Solidity compiler. Solidity, a fancy term for the coding language used primarily to develop smart contracts on Ethereum, will allow for seamless integration within the new network.
THE CODE FIGHT CLUB
In true tech spirit, Telegram recently announced a coding competition dedicated to building smart contracts on TON. Equipped with the tools provided in the TON Blockchain distribution, competitors will battle it out for a prize fund ranging from a staggering $200,000 to $400,000. That’s a hefty pot for those tech-savvy wizards ready to show off their best lines of code!
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