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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

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