Telegram Will Shut Down the TON Testnet by August 2020

Though Telegram has terminated its blockchain project, Telegram Open Community (TON), in Might 2020, the TON check internet has been apparently working for nearly one 12 months.

In a July 6 update, the official TON growth group on Telegram introduced that it could be discontinuing its assist of the check community for TON. Remaining TON validators might be turned off by August 1. Within the submit, the TON official really useful community members save all their related information and cease their testing processes.

Regardless of the testnet being set to close down lower than a month from now, community members will nonetheless be capable to proceed their experimentation after the testnet is terminated. To be able to try this, customers can set up their very own testnet validators, described in higher element in three completely different how-to paperwork containing tips for the Full Node, the Validator, and Test Grams.

The testnet was launched in September 2019

Telegram launched the TON testnet for explorer and node software program on Sept. 6, 2019. In anticipation of its scheduled Oct. 31 launch final 12 months, the corporate launched an alpha version of an iOS wallet to work with its native token, the Gram. However Telegram’s TON plans had been by no means totally realized, as the US Securities and Exchange Commission suddenly deemed Telegram’s $1.7 billion ICO unlawful in mid-October.

After a long-running authorized battle with U.S. regulators, Telegram agreed to shut down its TON project, in addition to return $1.2 billion to traders in step with a court-approved final settlement. As formally introduced by Telegram CEO Pavel Durov, the firm had already reimbursed more than $1.2 billion by June 25.

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