Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12820
Markets: 99552
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12820
Cryptocurrencies
60.31%
Bitcoin Share
Bitcoin World 2025-02-05 04:46:04

Steve Yun: Telegram’s Decision to Prioritize TON Over Other Blockchains Was the Right Move

Steve Yun: Telegram’s Decision to Prioritize TON Over Other Blockchains Was the Right Move

Steve Yun Supports Telegram’s Exclusive Adoption of TON Blockchain Telegram’s decision to prioritize The Open Network (TON) as its sole blockchain for Web3 services was the right move , according to TON Foundation President Steve Yun . Speaking to Cointelegraph , Yun emphasized that this choice was not a limitation but a necessity , given TON’s ability to handle Telegram’s massive user base of 950 million . In January 2024 , Telegram announced that TON would be the exclusive network for its Mini Apps , sparking mixed reactions from the crypto community. However, Yun defended the move, arguing that blockchains without sharding lack the scalability for mass adoption and that alternative solutions often compromise security . Why Did Telegram Choose TON as Its Exclusive Blockchain? 1. Security & Scalability for 950 Million Users TON uses sharding , allowing it to handle Telegram’s large-scale transactions efficiently. Other blockchains may struggle with congestion and higher transaction costs . 2. Mass Adoption Requires High-Performance Blockchain Infrastructure Telegram aims to make Web3 services user-friendly . TON’s architecture ensures faster transaction speeds and lower fees . 3. Telegram’s Long-Term Vision for Blockchain Integration Originally developed by Telegram , TON aligns with its Web3 strategy . TON-based Mini Apps will offer decentralized services to millions of Telegram users. Will Telegram’s TON Exclusivity Impact the Broader Crypto Ecosystem? Bullish for TON: Telegram’s endorsement boosts TON’s credibility and adoption . More developers may build on TON , leading to a stronger ecosystem . Increased use cases for TON-based payments, gaming, and social apps . Concerns & Criticism: Some developers worry about Telegram limiting blockchain choices . Other Layer 1 blockchains could lose potential integration opportunities. Regulatory scrutiny may increase as TON’s influence grows. Despite making TON the default blockchain for Mini Apps , Telegram bots will continue to support multiple blockchains , ensuring some level of interoperability. Conclusion Steve Yun’s defense of Telegram’s exclusive TON adoption highlights its strategic importance for scalability, security, and mass adoption . While the move has sparked debate , it positions TON as a major player in the Web3 ecosystem , potentially accelerating crypto adoption among Telegram’s 950 million users . As TON’s integration deepens, its long-term success will depend on user adoption, developer support, and regulatory clarity . To learn more about the latest innovations shaping the crypto industry, explore our article on key blockchain developments and their impact on global adoption.

Most Read News



Cryptohopper
Market Cap
24h Vol
60.31%
Bitcoin Share
69
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.