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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.

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