Telegram heirs launch TON blockchain

Pavel Durov's original plan to launch TON was thwarted by the U.S. Securities and Exchange Commission (SEC). He refused to launch the project and returned the money to investors.

But the developments made were not lost. They were handed over to the community of developers, who had previously participated in Telegram's contests to create add-ons for TON.

Durov officially gave them the entire blockchain code (a repository on Github), the domain name, and the rights to use the TON trademark. And they did launch the blockchain TON with the cryptocurrency Toncoin

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