Durov said on his Telegram channel today that the two and a half year blockchain and crypto project has been put to sleep. Ironically, after leaving Russia because the government wanted his encryption keys to his social media firm, Durovโs cryptocurrency idea lost steam because of a U.S. court. โThe technology we created allowed for an open, free, decentralized exchange of value and ideas. TON had the potential to revolutionize how people store and transfer funds and information,โ he wrote on his channel. โUnfortunately, a U.S. court stopped TON from happening.โ
What is Telegram?
Telegram is a cloud-based instant messaging service that has been making rounds as a popular option for those who wish to keep their messages secure. Telegram boasts a collection of different features, but itโs best known for its ability to secure messages and media by encrypting them during transit; this prevents third-parties from snooping on messages easily. Letโs take a look at what Telegram can do and why you might want to use it.
