Express

Telegram Drops Technical White Paper for Blockchain SEC Is Trying to Halt

Claudia Rivera

Summary: Telegram released a new white paper for its blockchain, the new consensus will give developers, led by the TON labs startup, an understanding of what they are testing, according to CoinVedi.  Originally planned to be released in October, the SEC's litigation disrupted the process, the testing showed that the TON Blockchain generated new blocks around ...

Telegram released a new white paper for its blockchain, the new consensus will give developers, led by the TON labs startup, an understanding of what they are testing, according to CoinVedi. 

Originally planned to be released in October, the SEC's litigation disrupted the process, the testing showed that the TON Blockchain generated new blocks around every five seconds as was originally planned. TON Labs released that Catchain is similar to those used by Tendermint, Ouroboros, Casper, and Algorand. In the court the SEC argues that Telegram did not create a viable blockchain as they had promised.

By Claudia Rivera

Last Update:

Tags: ,,,
Link: Telegram Drops Technical White Paper for Blockchain SEC Is Trying to Halt   [Copy]
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 11 hours ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 11 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 13 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 14 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 14 days ago
  • You need to login to comment.