Tomorrow, February 19, held a landmark hearing in the SEC case against the Telegram, which the Prosecutor will try to prove that TON is a centralized company that aims at a single goal – obtaining financial benefits.
For those who missed the news on @infotonen, we will tell about interesting events in recent weeks:
1. On the official website of Telegram Open Network appeared info on how to create a website in a decentralized network TON. Many of the media dubbed it as a replacement for TOR, anonymous or underground Internet. A little later, on 11 February were added to the integration TON the DNS.
2. SEC received additional arguments in a dispute with the Telegram. Former chief investment officer Telegram John Hyman testified under oath in the case of the Commission on securities and stock exchanges of the USA (SEC) against the Telegram Group Inc. and TON Issuer Inc.
3. Developers and investors TON created non-profit organization THANK Community Foundation to manage the community and sent to a third party's opinion in U.S. court.
#TON #crypt
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For those who missed the news on @infotonen, we will tell about interesting events in recent weeks:
1. On the official website of Telegram Open Network appeared info on how to create a website in a decentralized network TON. Many of the media dubbed it as a replacement for TOR, anonymous or underground Internet. A little later, on 11 February were added to the integration TON the DNS.
2. SEC received additional arguments in a dispute with the Telegram. Former chief investment officer Telegram John Hyman testified under oath in the case of the Commission on securities and stock exchanges of the USA (SEC) against the Telegram Group Inc. and TON Issuer Inc.
3. Developers and investors TON created non-profit organization THANK Community Foundation to manage the community and sent to a third party's opinion in U.S. court.
#TON #crypt
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Blockchair launched a columnist for the Telegram Open Network (TON)
While Pavel Durov and the team Telegram Open Network defends the project before the American regulator, ecosystem project TON developing. So, the team Blockchair recently launched its Explorer to TON.
Blockchair.com – platform to search for information about transactions and addresses in different blockchains. Blockchair allows you to search for transactions in the blockchain TON in a user friendly format. The service also offers API for TON for developers of applications and services.
The company previously released the reviewers for Bitcoin Cash and Bitcoin SV after their forks, then the prospect of these cryptocurrencies, as in the case of TON, was unclear.
Added browser TON commented on Edige Davletgaliev, head of research Blockchair: "the Problem of scalable cryptocurrency – the unsolved technical problem, which imposes restrictions on their distribution. The team has a TON of experience in the creation of two extremely high-loaded products: VK and Telegram, therefore, we see a TON of prospects. Legal issues are artificially created, nothing can stop technology".
Details about the new product at: blockchair.com/ton
#TON #crypt
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While Pavel Durov and the team Telegram Open Network defends the project before the American regulator, ecosystem project TON developing. So, the team Blockchair recently launched its Explorer to TON.
Blockchair.com – platform to search for information about transactions and addresses in different blockchains. Blockchair allows you to search for transactions in the blockchain TON in a user friendly format. The service also offers API for TON for developers of applications and services.
The company previously released the reviewers for Bitcoin Cash and Bitcoin SV after their forks, then the prospect of these cryptocurrencies, as in the case of TON, was unclear.
Added browser TON commented on Edige Davletgaliev, head of research Blockchair: "the Problem of scalable cryptocurrency – the unsolved technical problem, which imposes restrictions on their distribution. The team has a TON of experience in the creation of two extremely high-loaded products: VK and Telegram, therefore, we see a TON of prospects. Legal issues are artificially created, nothing can stop technology".
Details about the new product at: blockchair.com/ton
#TON #crypt
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⚡️ ️ The court extended restrictions on the sale of gram
In new York, the court session in the case of the SEC against Telegram has ended. The judge decided to extend the existing restriction on the sale of tokens. Further hearings in the TON/SEC case were postponed until April 30.
Judging by the comments of those present, it was possible to prove decentralization, but the court has doubts that the stated capabilities of TON correspond to the actual state of Affairs. According to those who were at the trial, judge Castell understands blockchain and decentralization and wants to understand the topic more deeply.
#TON #crypt
Translated using Yandex.API
In new York, the court session in the case of the SEC against Telegram has ended. The judge decided to extend the existing restriction on the sale of tokens. Further hearings in the TON/SEC case were postponed until April 30.
Judging by the comments of those present, it was possible to prove decentralization, but the court has doubts that the stated capabilities of TON correspond to the actual state of Affairs. According to those who were at the trial, judge Castell understands blockchain and decentralization and wants to understand the topic more deeply.
#TON #crypt
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TON DNS
Less than a month ago we wrote about creating a TON of Sites. Now there are documentation on the TON of the DNS. It is a service to translate human-readable domain names (such as test.ton or mysite.temp.ton) to address smart contract TON, ADNL addresses used by services running on the network TON.
The main difference from the usual domain names is that a TON of DNS domains are case sensitive. Currently, only domains ending in
A brief translation of the instructions on our website
#TON
Translated using Yandex.API
Less than a month ago we wrote about creating a TON of Sites. Now there are documentation on the TON of the DNS. It is a service to translate human-readable domain names (such as test.ton or mysite.temp.ton) to address smart contract TON, ADNL addresses used by services running on the network TON.
The main difference from the usual domain names is that a TON of DNS domains are case sensitive. Currently, only domains ending in
.ton are recognized as valid DNS domain TON.A brief translation of the instructions on our website
#TON
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the court for the southern district of new York has banned the transfer of tokens Gram buyers
https://tginfo.me/ton-vs-sec-2-2/
#ton #courts
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https://tginfo.me/ton-vs-sec-2-2/
#ton #courts
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at Least 10 TON of investors willing to withdraw from the project
at Least 10 investors ready to withdraw from the project and get their investment back, told TASS the head of the Hash criptionveterinary Bank CIB Yakov Barinsky.
"what I see now among a variety of investors - many, at least 10 investors, with whom I spoke, are inclined to pick up 72% of the invested funds. Given what is happening in the financial markets, the proposal now looks much better than in October", said barinskiy.
According to him, Durov offered to investors in October 2019 to be picked up at 77% on the funds invested or to sign the extension of the start of the project until 30 April 2020, and April 30, if run expected return will be equal to 72% of the investment.
https://tass.ru/ekonomika/8079529
#TON
Translated using Yandex.API
at Least 10 investors ready to withdraw from the project and get their investment back, told TASS the head of the Hash criptionveterinary Bank CIB Yakov Barinsky.
"what I see now among a variety of investors - many, at least 10 investors, with whom I spoke, are inclined to pick up 72% of the invested funds. Given what is happening in the financial markets, the proposal now looks much better than in October", said barinskiy.
According to him, Durov offered to investors in October 2019 to be picked up at 77% on the funds invested or to sign the extension of the start of the project until 30 April 2020, and April 30, if run expected return will be equal to 72% of the investment.
https://tass.ru/ekonomika/8079529
#TON
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Independent group of developers under a TON considering the option of running the network without the participation of the Telegram.
The court banned the Telegram to run a TON and spread Grama among buyers 1 and 2 rounds, but may not limit in this community or third parties. In this situation, the initiative group of developers, formed in mid-February, TON Community Foundation, began to consider self-start TON. Technically, any obstacles to this no — TON code is freely available, an alternative test of the network already deployed, such as company TON Labs, and only the start condition "the Mainnet" is a recognition by the community as it is technically the role of the initiator of the network is to create so-called genesis block and release (emission) of gram and the distribution of them on the first locations.
One of the initiators of the TCF, Fedor Skuratov, a former employee of TON Labs, said in an interview with Coindesk that the community is now considering different options and running the TON forces TCF is one of the possible options in terms of the injunction imposed on the Telegram. SEC, according to Skuratov, may not limit the third parties at launch TON. The key point, he said, is reaching agreements with investors THANK, as without them no matter how many networks on the basis of TON does not run, none of them will receive recognition as "basic".
Also, according to the representative of TCF, now the community is communicating with known investors TON and encourages other to also get in touch and join the discussion of development of the project.
https://www.coindesk.com/devs-plot-launch-of-telegrams-blockchain-without-companys-involvement
#TON
The court banned the Telegram to run a TON and spread Grama among buyers 1 and 2 rounds, but may not limit in this community or third parties. In this situation, the initiative group of developers, formed in mid-February, TON Community Foundation, began to consider self-start TON. Technically, any obstacles to this no — TON code is freely available, an alternative test of the network already deployed, such as company TON Labs, and only the start condition "the Mainnet" is a recognition by the community as it is technically the role of the initiator of the network is to create so-called genesis block and release (emission) of gram and the distribution of them on the first locations.
One of the initiators of the TCF, Fedor Skuratov, a former employee of TON Labs, said in an interview with Coindesk that the community is now considering different options and running the TON forces TCF is one of the possible options in terms of the injunction imposed on the Telegram. SEC, according to Skuratov, may not limit the third parties at launch TON. The key point, he said, is reaching agreements with investors THANK, as without them no matter how many networks on the basis of TON does not run, none of them will receive recognition as "basic".
Also, according to the representative of TCF, now the community is communicating with known investors TON and encourages other to also get in touch and join the discussion of development of the project.
https://www.coindesk.com/devs-plot-launch-of-telegrams-blockchain-without-companys-involvement
#TON
CoinDesk
Devs Plot Launch of Telegram’s Blockchain Without Company’s Involvement
Developers are discussing ways to launch Telegram's blockchain without the messaging app company's participation, following a court order tying its hands.
TENGRAM is a new blockchain explorer for Telegram Open Network (TON)
The service provides clear and easy access to all key information about TON Blockchain.
You can quickly find blocks, transactions, messages and accounts in TON Blockchain using a convenient search form. Information is updated in real time. Everything you see on the web-site is available via API. Light and dark themes are available.
tengram.com
#review #TON #crypto
The service provides clear and easy access to all key information about TON Blockchain.
You can quickly find blocks, transactions, messages and accounts in TON Blockchain using a convenient search form. Information is updated in real time. Everything you see on the web-site is available via API. Light and dark themes are available.
tengram.com
#review #TON #crypto
Skadden letter to Court March 27, 2020.pdf
149.1 KB
A lawyer for the company, protecting the interests of the Telegram, Alex Drylewski, filed a request for clarification of the court's position.
To run a TON outside US jurisdiction it is important to clarify whether the prohibition of an agreement TON with investors outside the us jurisdiction.
He noted that More than 70% of the funds raised in TON received from investors located outside of U.S. jurisdiction.
#TON #courts
Translated using Yandex.API
To run a TON outside US jurisdiction it is important to clarify whether the prohibition of an agreement TON with investors outside the us jurisdiction.
He noted that More than 70% of the funds raised in TON received from investors located outside of U.S. jurisdiction.
#TON #courts
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in the United States Court refused Telegram in the explanation of the ban on the transfer of tokens and it's not a joke
Judge for the southern district of new York Kevin castle otklonil the request Telegram the lifting of the temporary ban on the issuance of tokens Gram for non-us investors. It is not convinced by the assurances of the defendant that the coins will not fall into the hands of US residents on the secondary market.
The judge noted that the lawyers of the company a few months ago, I was made aware of the provisions of a possible ban on the transmission of tokens, but do not bother to seek clarification or to challenge any points. As suggested by Castel, Telegram cannot guarantee that the Gram buyers outside the USA will not sell tokens to American investors.
#TON #courts
Translated using Yandex.API
Judge for the southern district of new York Kevin castle otklonil the request Telegram the lifting of the temporary ban on the issuance of tokens Gram for non-us investors. It is not convinced by the assurances of the defendant that the coins will not fall into the hands of US residents on the secondary market.
The judge noted that the lawyers of the company a few months ago, I was made aware of the provisions of a possible ban on the transmission of tokens, but do not bother to seek clarification or to challenge any points. As suggested by Castel, Telegram cannot guarantee that the Gram buyers outside the USA will not sell tokens to American investors.
#TON #courts
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