Subscribe
CryptoWeb.xyz
No Result
View All Result
  • Home
  • News
  • Altcoin
  • Bitcoin
  • Blockchain
  • Ethereum
  • Litecoin
  • Home
  • News
  • Altcoin
  • Bitcoin
  • Blockchain
  • Ethereum
  • Litecoin
No Result
View All Result
CryptoWeb.xyz
No Result
View All Result

Telegram’s TON OS to Go Open Source on GitHub Tomorrow

Telegram recently delayed their open network, TON, and their cryptocurrency, GRAM, once again. There is one related project that has not experienced these setbacks, however. TON OS, an operating system for the TON blockchain, will soon get an open source release.

The project’s core infrastructure developers, TON Labs, are planning to open source the main components of the TON OS on GitHub tomorrow. Mitja Goroshevsky, CTO at TON Labs, confirmed the news to Cointelegraph on May 6.

TON Labs to issue a token known as TON Cash within a month

As reported by industry publication, ForkLog, the release includes TON Node in the Rust programming language, command line interface, TON Multisignature Wallet smart contract, as well as tools for launching TON validators. The report notes that within a month, TON Labs also plans to issue its decentralized browser, Surf, its staking pool, DePool, and the token known as TON Cash.

Related articles

Minecraft, GTA may yet change their tune on blockchain: GameFi execs

Coinbase wants devs to build inflation-pegged ‘flatcoins’ on its new ‘Base’ network

In conjunction with the TON OS open source release, TON Labs is joining the Free Software Foundation (FSF), a major free software movement. As such, all the components of the TON OS are being launched as a free software. According to the developers, the idea of a permissionless blockchain in a closed source is absurd. TON Labs reportedly felt that joining the FSF will help them maintain free use of the application as well as the TON blockchain.

TON Labs said:

“This means the freedom of the user to copy, distribute, learn, modify and improve the TON software, and most importantly, in the case of TON, this means absolute freedom of the network operation. This is not a question of how good the code is, but a human right to use it.”

What exactly is this TON OS?

Despite the “OS” in its name, TON OS is not a competitor to existing operating systems like iOS, Android, or Windows. Instead, the system is designed to serve as an operating system for the Telegram blockchain network, Goroshevsky said.

Basically, TON OS is intended to fill the missing gap in the limited interaction of users with blockchain, Goroshevsky explained. The exec elaborated:

“Vitalik Buterin has been referring to Ethereum as the “World computer.” If it’s a world computer, it must have a processor and resources and provide services to the user. But there is no operating system or operating environment to manage these resources on the blockchain today. So if we think of blockchain as a processor, and then we have a program executed by this processor and user who wants to interact with this program, and we have a stack of components which provides all those capabilities — we call it an operating system.”

As reported by Cointelegraph, TON OS is designed to enable blockchain application support. Additionally, the TON OS would also allow users to create applications that are automatically compatible with the blockchain platform. The system is designed to eventually support applications with various functions like transacting numerous assets, including cryptocurrencies.

As reported, the TON network can still be launched by independent TON validators regardless of Telegram’s ongoing legal dispute with the United States Securities and Exchange Commission.

Share122Tweet76Share31
Previous Post

Price Analysis 5/6: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, XLM

Next Post

Anonymous Crypto Payments Cause Problems for South Korean Child Porn Case

Related Posts

Minecraft, GTA may yet change their tune on blockchain: GameFi execs
Blockchain

Minecraft, GTA may yet change their tune on blockchain: GameFi execs

Coinbase wants devs to build inflation-pegged ‘flatcoins’ on its new ‘Base’ network
Blockchain

Coinbase wants devs to build inflation-pegged ‘flatcoins’ on its new ‘Base’ network

Community-driven crypto projects still thriving despite headwinds
Blockchain

Community-driven crypto projects still thriving despite headwinds

Today in Crypto: Ethereum Foundation Doubles Bug Bounty to $500K, Oasys Partners with SBI VC Trade, The Graph Integrates with Banxa, Tether’s Excess Reserves to Increase by $700M in Q1 2023
Blockchain

Today in Crypto: Ethereum Foundation Doubles Bug Bounty to $500K, Oasys Partners with SBI VC Trade, The Graph Integrates with Banxa, Tether’s Excess Reserves to Increase by $700M in Q1 2023

zkSync Era launches with Uniswap and Sushi — First zkEVM on mainnet
Blockchain

zkSync Era launches with Uniswap and Sushi — First zkEVM on mainnet

Exclusive Interview: Tether Co-Founder Says FTX Collapse Set Industry Back, But This One Event Could Cause a 75% Crash
Bitcoin

Exclusive Interview: Tether Co-Founder Says FTX Collapse Set Industry Back, But This One Event Could Cause a 75% Crash

ADS SIDE

More News

Bitcoin Price and Ethereum Prediction: A Packed Week Ahead – Potential Breakout Catalysts for BTC and ETH

Bitcoin Price and Ethereum Prediction: A Packed Week Ahead – Potential Breakout Catalysts for BTC and ETH

Hong Kong crypto firms seeing interest from Chinese banks: Report

Hong Kong crypto firms seeing interest from Chinese banks: Report

$4M ‘exit scam’ suspected as Kokomo Finance flies off radar, token plunges

$4M ‘exit scam’ suspected as Kokomo Finance flies off radar, token plunges

Minecraft, GTA may yet change their tune on blockchain: GameFi execs

Minecraft, GTA may yet change their tune on blockchain: GameFi execs

Coinbase wants devs to build inflation-pegged ‘flatcoins’ on its new ‘Base’ network

Coinbase wants devs to build inflation-pegged ‘flatcoins’ on its new ‘Base’ network

XRP, LTC, XMR and AVAX show bullish signs as Bitcoin battles to hold $28K

XRP, LTC, XMR and AVAX show bullish signs as Bitcoin battles to hold $28K

From Dorm Room to $1.75 Billion: 26-Year-Old’s Crypto Exchange Takes Africa by Storm

From Dorm Room to $1.75 Billion: 26-Year-Old’s Crypto Exchange Takes Africa by Storm

Community-driven crypto projects still thriving despite headwinds

Community-driven crypto projects still thriving despite headwinds

Bitcoin is 1 week away from ‘confirming’ new bull market — analyst

Bitcoin is 1 week away from ‘confirming’ new bull market — analyst

Bitcoin Price Prediction as BTC Rallies 3% From Recent Bottom – How High Can BTC Go Today?

Bitcoin Price Prediction as BTC Rallies 3% From Recent Bottom – How High Can BTC Go Today?

  • Advertise with us
  • Contact Us
  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Sitemap

© 2020 Copyright - All rights reserved.

No Result
View All Result
  • Home
  • News
  • Altcoin
  • Bitcoin
  • Blockchain
  • Ethereum
  • Litecoin

© 2020 Copyright - All rights reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT