Telegram Whitepaper for TON coin.
needs of hundreds of millions of consumers, including 200 million Telegram users.
of cryptocurrencies and decentralized applications.
on a general overview of the proposed technology and its uses.
a decentralized counterpart to everyday money — a truly mass-market cryptocurrency.
roles in the ecosystem, but don’t have the capacity to replace VISA or Mastercard.
in insufficient speeds and higher transaction costs.
confused when trying to buy, store, and send their coins.
solutions continue to dominate the market.
and transfer value, as well as use decentralized apps in a natural way.
by providing a platform that combines these properties.
security, TON can become a VISA/Mastercard alternative for the new decentralized economy.
to get on board with cryptocurrencies in an intuitive way.
the world’s most adopted cryptocurrency wallet.
to WeChat’s fiat-based marketplace, but not confined to a centralized service.
chosen a .org domain to emphasize its non-commercial status.
The physical infrastructure of Telegram reflects its founders’ belief in larger decentralization.
independent server clusters spread across different continents and jurisdictions.
delivering 15 billion messages daily.
1. Founder of Facebook for Russia donates $1M to Wikipedia at DLD.
2. Why Telegram has become the hottest messaging app in the world.
3. Push notifications delivered on iOS and Android devices daily.
design choices that allow the TON Blockchain to process millions of transactions per second.
low, even if some of the services using the platform become massively popular.
See «Infinite Sharding Paradigm», 2.1.2.
4. See sections 2.8 and 2.9 in the Technical White Paper for a comparison of blockchain projects.
5. See section 2 in the Technical White Paper.
so scaling to even millions of chains will allow them all to communicate at top speed.
See «Hypercube Routing» and «Instant Hypercube Routing», 2.1.4, 2.4.19, 2.4.20.
transactions and smart contracts, further increasing speed and efficiency.
See «Proof-Of-Stake Approach», 2.1.16, 2.6.
valid transactions will not be discarded due to unrelated errors.
See «Account chains», 2.1.1, 2.1.17.
Blockchain core and will further increase the potential uses of the TON infrastructure.
require storing large amounts of data, such as Youtube — or Telegram.
See «TON Storage», 4.1.8 and «Is it possible to upload Facebook into blockchain?» 2.9.13.
can make any service, including Telegram, effectively immune to censorship.
See «TON Proxy», 3.1.6, 4.1.6.
6. See «TON Networking», Section 3 of the technical whitepaper.
World Wide Web-like decentralized browsing experience.
See «TON Services and Applications», 4.
to viewing a website on the World Wide Web.
See «TON DNS», 4.3.1, 4.3.2, 4.3.3.
can be used for instant off-chain value transfers between users, bots, and other services.
See «TON Payments», Lightning-style off-chain transactions, 5.
uniting the centralized and the decentralized worlds.
platform, leveraging Telegram’s massive user base and developed ecosystem.
of the corresponding encryption keys.
See «Merkle proofs», 2.3.11; «Light wallet and TON entity explorer..», 4.3.19.
and paying for purchases in TON.
See «TON DNS use cases», 4.3.2; «Light wallet and TON entity explorer..», 4.3.19; TON Payments, 5.
economy on Telegram, and, like any other cryptocurrency, will be available for external use.
Based on data from Tokenmarket.net for Oct 2017.
eliminating a major point of friction for anyone engaging with crypto-assets.
further verifications to these virtual passports.
7. Data from Tokenmarket, as of October 2017.
8. Russia Fines Cryptocurrency World's Preferred Messaging App, Telegram.
of services to spend them on, driving demand and fundamental value for the cryptocurrency.
able to buy and exchange cryptocurrencies in a frictionless and legally compliant way.
exchange services, effectively creating a competitive market.
members and broadcast channels, the largest of which have several million subscribers.
formalize their transactions with advertisers.
Bots, channels, and groups provide a ready market for paid content and subscription services.
goods and services that can be obtained with TON coins.
9. Bot API Payments: https://core.telegram.org/bots/payments.
›› Payment for bypassing censorship imposed by local ISPs (TON Proxy).
corresponding fees, and adopt a freemium or an advertisement-based business model.
TON tokens (Grams) after the deployment of the TON Blockchain in Q4 2018.
members of the community to the validators for keeping the system functional.
See «Validators», 2.6.1, «Original supply, mining rewards and inflation», A.3.
speculative trading and to maintain flexibility at the early stages of the evolution of the system.
10. See the SAFT Project.
11. See section A.4 in the Technical White Paper, «Original price of Grams».
organic user growth should allow Telegram to reach one billion active users by January 1, 2022.
then let go of the «Telegram» element in its name and become «The Open Network».
more than 100 million active users, which still enjoys a dominating share in its local markets.
of Telegram servers is custom-built by these developers.
proposed a novel architecture for scalable decentralized ledgers.
›› 2006-2013: Co-founder, CEO, Product Manager, Lead Developer at VK.
government over his users’ privacy and freedom of speech.
that he holds to this day.
14. Young Global Leader, Class of 2017.
›› Silver Medal, International Mathematical Olympiad (2004).
›› 2010-2013: C/C++ Engineer at VK. Developed networking and data storage engines.
›› 4th place, Top Coder Collegiate Contest.
›› Silver Medal, ACM International Programming Contest World Finals (2010).
›› 2014-present: Client C++ Engineer at Telegram. ›› 2014-present: Lead Backend Engineer at Telegram.
after winning a nationwide contest in JS. after winning a nationwide contest in JS.
›› 2014-present: Android Engineer at Telegram after ›› 2014-present: iOS/Swift Engineer at Telegram.
nationwide contest in Objective C. nationwide contest in Objective C.
handedly built the VK app for Android. after winning a nationwide contest in JS.
›› 2013-present: iOS/Swift Engineer at Telegram after ›› 2013-present: Infrastructure Architect at Telegram.
to tens of thousands of servers.